Blinkit To Shut Down Many Backend Warehouses To Merge With Zomato’s Hyperpure: Report
Zomato’s acquisition of Blinkit was thought to unlock synergies between the two companies’ delivery fleets, but it appears that the companies will also…
Category: Startups
Blockchain Startup 5ire Becomes India’s 105th Unicorn, Now Valued At $1.5 Billion
The crypto industry is in shambles — bitcoin is down 70% from its peak, several major exchanges are shutting down and getting liquidated,…
OneCard Becomes India’s Latest Startup Unicorn, Now Valued At $1.4 Billion
The world might be staring at the prospect of a recession, and startups might be laying off employees in record numbers, but India…
Ola Electric Says It Has Built India’s First Indigenously Developed Lithium-ion Cell
Ola’s electric scooters might be beset with controversies around thermal incidents and performance issues, but the company is doubling down on its electric…
Zoho To Open Offices In 100 Rural Districts In India, Create 1000-2000 Jobs In Each
Indian startups are sometimes criticized for being overly elitist, and only impacting the lives of well-to-do urban Indians, but one of the country’s…
Unacademy Slashes Mgmt Salaries, Free Food & Business Class Travel To Control Costs
The startup winter is here, and formerly profligate startups are now doing their best to adapt. Unacademy CEO Gaurav Munjal has told his…
India’s Startup Funding Declined 40% In The Apr-June Quarter: Report
Amidst layoffs, warnings from VCs, and slashed valuations, there had been plenty of indications about a slowdown in India’s startup space, but there’s…
Allen Sues Former Teachers After Unacademy Reportedly Spends Rs. 100 Crore To Poach 30
The Kota wars had started off with a dramatic WhatsApp video, and now they’ve reached the courtrooms. Allen Career Institute has sued 20…
Ola Is Looking To Fire Around 500 Employees To Cut Costs: Report
The layoffs in Indian startups aren’t limited only to the ed-tech space — other verticals are being impacted too. Ola is looking to…