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Startups and their new normal: Funding crunch, disgruntled employees and allegations of fraudWith the global liquidity situation changing, institutional investors were no longer interested in waiting patiently for startups to go hyb...- Byju’s continues to cut jobs, another 1,000 employees laid offThe layoffs are part of a massive cost cutting exercise Byju’s initiated last year to streamline its operations at a time when digital K12 ...
- 2022 Year in Review | As the pandemic bubble bursts, edtechs back in classEdtechs are expected to move away from the K-12 business model in the coming year. They are also expected to focus on priorities such as a ...
- 2022 Year in Review: Fund-starved startups sacked nearly 18,000 employeesEdtech companies accounted for a staggering 44% of the total layoffs. In total, 52 startups fired 17,989 employees spread across edtech, co...
- 2022 | The year of governance misses, layoffs, a funding winter & regulatory diktatsIn the span of a year, the technology world went from euphoria to turbulence – be it in the stock markets or in the private funding space. ...
- Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exitsThis time last year, India’s startup ecosystem was counting unicorns. Now, it’s tallying layoffs. According to data compiled for us by Long...
- Smartkarma Research: India EdTech Woes: Waning Demand, Dried up Funding & Risk of Eroding ValuationsThis pandemic-led boom in subscriptions helped drive valuations manifold. But with schools and physical tuition classes now back to full sw...
- Too legit to quitIn today's morning dispatch, India's crypto exchanges are drawing up a legitimacy plan; Business chambers seek an end to the standoff betwe...
- Crejo.Fun raises $3 million in seed fundingCrejo.Fun, a digital extracurricular platform, will use the funding to expand its team, for product and content development, and to drive g...
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