Searched for
GOMECHANIC LAYOFFS
VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...- 2023 Year in review: how layoffs hit technology and startup workersWith the year drawing to a close, ETtech looks at startups and tech companies— global and domestic—which laid off employees to cut costs am...
- 20 CEOs at Indian startups quit this year amid regulatory concerns, funding winterData compiled by Fintrackr showed that in the first eight months this year, nearly 20 startup CEOs have left their position to either join ...
- CaratLane to challenge FEMA violation notice; govt may use DigiLocker for parental consentCaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulation...
- Layoffs in 2023: Cred, Meesho, Dunzo among Indian startups & tech companies that have cut jobsIndian startups, too, have been impacted over the last 6 months as they struggle to raise funds in a tough global environment.
- Startups fire 9,400 employees between January- March, more cuts comingEdtech firms Byju's, Unacademy, social media firm ShareChat, apartment-management startup MyGate and car-servicing startup GoMechanic were ...
- Livspace layoffs: Home design startup cuts nearly half of tech, product rolesA total of 36 staffers, including software engineering developers and directors from a team of 80 have been asked to leave the company, sou...
- In-depth: How startups are pruning costs as funding continues to plummetIn January, Indian startups raised only $1.38 billion in venture funding, nearly 70% lower than in the same period of 2022, reflecting the ...
- OLX to slash workforce by 15%, fire at least 1,500 employeesThe company, owned by Prosus, started its business in India in 2009 and operates OLX and OLX Autos. Prosus is controlled by South Africa-ba...
- Over 70 Indian startups show exit door to 21K techies, more pink slips comingAs global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more ...
- Amazon Air promises faster deliveries in metros; Zomato shuts 10-minute food deliveryAmazon Air, the ecommerce giant’s dedicated cargo airline, has been launched in India with the aim of offering faster deliveries for more p...
- Another crypto company goes bustOne of the world’s largest crypto lenders, Genesis froze withdrawals in November after the spectacular collapse of FTX.
- Layoffs in 2023: the most important stories this weekGoogle is the latest tech firm to trim staff as the economic boom that the industry rode during the Covid-19 pandemic ebbs. The tech giant ...
- How GoMechanic unravelled after SoftBank-Khazanah funding round collapsedGoMechanic will initiate financial audit, lay off 70% staff: cofounder Amit Bhasin in a LinkedIn post.
- Event management startup Hubilo lays off 35% staffThe Bengaluru- and San Francisco-headquartered startup’s CEO and co-founder Vaibhav Jain wrote an e-mail to its employees earlier this week...
- Pricewaterhouse flagged discrepancies in GoMechanic’s FY20 audit; PhonePe raises $350 million with more to comeA senior executive at one of the ‘Big Four’ audit firms said qualifications are always a negative for a company and it means the company be...
- GoMechanic founder Amit Bhasin admits to financial misreporting; firm to lay off 70% employeesGoMechanic layoffs will affect about "70% of the workforce", said cofounder Amit Bhasin in a LinkedIn post
- Financial audit, layoffs at GoMechanic after fundraising fails; Tata Tech eyes Rs 4,000 crore IPOWith the funding round falling through and many questions being raised by incoming investors, the company was left with no other option but...
- The unravelling of GoMechanic after SoftBank-Khazanah funding collapsed; Oyo to refile IPO papersWith SoftBank and Malaysia’s Khazanah pulling the plug on GoMechanic funding round after EY flagged issues like inflated revenues, fictitio...
- 'We got carried away.' Co-founder of GoMechanic, which sacked 70% staff, introspects, here's how LinkedIn reactedAmit Bhasin tried to present his side of the story in a lengthy post.
Load More
