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GOOD GLAMM LAYOFFS
Former startup execs bag $101 million in seed funds for new ventures in 2024, up 243% YoY: ReportAccording to a report by data intelligence platform Tracxn, former executives at startups who have floated their own ventures are 3X more l...- Good Glamm misses payroll again; Uber top-deck reshuffleCash-strapped beauty platform Good Glamm Group did not pay wages for the second month in a row. This and more in today’s ETtech Top 5.
- Startups eye insurance pie; Good Glamm’s salary delayHappy Wednesday! Startups are eyeing a piece of the general insurance market. This and more in today’s ETtech Morning Dispatch.
- Good Glamm delays paying salaries again amid cash crunchBabita Bharati, who worked as a freelance copywriter for Good Glamm’s portfolio brand The Moms Co in March and April, took to LinkedIn to s...
- Good Glamm in talks to sell MissMalini for Rs 4 crore amid cash crunchGood Glamm had acquired MissMalini Entertainment in 2021, bringing in several business units including MissMalini Media, community platform...
- House of cards: Roll-up ecommerce model stumbles as founders reclaim brands amid funding strugglesOvervalued acquisitions, financial mismanagement, and unmet promises have led to founders buying back brands at a fraction of the original ...
- Fintech funding shows recovery; Cracks in India’s ecomm roll-upsFintech deals are beginning to bounce back after a two-year slowdown. This and more in today’s ETtech Morning Dispatch.
- Sirona founders buy back company from cash-strapped Good Glamm GroupThe buyback, largely financed through the personal capital of Sirona's founders, Bajaj and Mohit Bajaj, is estimated at around Rs 150 crore...
- Sirona founders in final stages of buying back brand from Good GlammThe buyback, which is expected to be primarily funded by the personal capital of Sirona's founders, is estimated at around Rs 150 crore, wh...
- Lenskart’s IPO plans; Pay hikes at TCSHappy Monday! Lenskart is gearing up for an IPO that could value the company at twice its previous funding round. This and more in today’s ...
- Accel, Prosus, Bessemer directors quit Good Glamm board amid cash crunchAccording to filings by Good Glamm Group with the Ministry of Corporate Affairs, Anand Daniel from Accel, Vishal Gupta from Bessemer, and G...
- Layoffs in 2024: These startups grappled with workforce cutsThe year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent...
- Tech layoffs in 2024: Apple, IBM, Intel and Microsoft announce job cutsLayoffs in 2024: Tech firms have ramped up layoffs to manage expenses, with Intel, Microsoft, and Match Group cutting significant numbers o...
- Worst of layoffs likely over, startups hand out fewer pink slips in H1Startups cut about 11,250 jobs during the January-June period this year, compared with 21,000 in the first half of 2023 and 15,000 in the s...
- Consumer firms plan IPO; startups on poll mandateIndia's public market will see about a dozen consumer companies make a debut on the bourses. More on this in today's ETtech Top 5.
- Startup layoffs in 2024: Ola Electric, Byju’s, Flipkart among firms shedding jobsIndian startups and large new-age companies have been cutting down their workforce since the beginning of this year.
- Infosys Q4 earnings; layoffs at Good Glamm groupIndia’s second-largest IT company Infosys posted upbeat results for the fourth quarter. More numbers in today’s ETtech Top 5.
- Content-to-commerce platform The Good Glamm Group lays off 150 employeesThe Good Glam Group said it is working with a new organisational framework to rejig its operations, which led to the layoffs over the past ...
- New IT law may target algorithms; HealthKart raises $135M led by TemasekSocial media intermediaries such as Meta, Google and Twitter, which deal in large amounts of personal data on a day-to-day basis may also b...
- Startup hikes may shrink as funding slows“A lot of projections that were made earlier this year were based on sentiments in November-December and have since rationalised,” said Wak...
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