Oyo To Lay Off 2000 Employees By Next Month: Report
Oyo might have seen its valuation jump from less than $1 billion to $10 billion in just over a year, but many of…
Category: Stories
Byju’s Reports Net Income Of Rs. 20.16 Crore, Becomes Only Profitable Consumer Unicorn Startup In India
India’s consumer internet unicorns are known for their flashy offices, their outspoken founders, and to no less degree, their burgeoning losses. But there’s…
Swiggy’s Losses Rise 6x To Rs. 2,364 crore In FY 19, Revenues Up 2.7x
As Swiggy’s footprint expands over India, its losses are ballooning too. Swiggy saw its losses rise sixfold to Rs. 2,364 crore in the…
Google Recommends That The US Build UPI-Like System For Its Domestic Payments
In the 70 odd years of its history, India has managed to create a handful of truly iconic institutions of international repute —…
Reliance Has Acquired Hyderabad-Based SaaS Startup NowFloats For Rs. 140 Crore
Reliance has been building its digital arsenal in recent months, and it now has another name in its kitty — Hyderabad-based SaaS startup…
Delivery Hero To Buy South Korea’s Woowa for $4 Billion
It is the world’s biggest food delivery app deal. Germany’s Delivery Hero has agreed to buy its South Korean rival top food…
Facebook, Google No Longer Among Top 10 Best Places To Work: Glassdoor’s 2020 List
The times in Silicon Valley, they are a changin’. According to annual rankings released by Glassdoor, Silicon Valley giants Facebook and Google…
Saudi Arabia’s Aramco Starts Trading At 10% Premium, Immediately Becomes World’s Most Valuable Public Company
The world’s biggest IPO has just created the world’s most valuable publicly-traded company. Saudi Arabia’s state-owned oil company Aramco began trading in public…
Former Indigo Boss Aditya Ghosh Left Oyo CEO Post Because Decision To Hire Him Hadn’t Worked Out: Report
Last week, Oyo had announced that it was “elevating” former Indigo President Aditya Ghosh to its board. Aditya Ghosh had joined Oyo in…