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From India to South Korea, Asia is getting crushed between oil prices and the dollar amid Iran warIran War: Asian economies are struggling as a surging dollar, driven by Middle East conflict and investor flight to safety, weakens their c...- Inside the rise and fall of Indian Twitter rival KooKoo, the Indian social media platform aiming to rival Twitter, has closed down due to unsuccessful acquisition negotiations. The company st...
- Shareholder nod for Swiggy’s $1.25 billion IPO; Koo halts salariesOnline food delivery major Swiggy has received shareholder approval to go public. This and more in today’s ETtech Top 5.
- Koo halts salary payments from April; founder says company 'will remain operational'Koo cofounder Mayank Bidawatka had first said in September 2023 that the company was looking to raise funds or tie up with a strategic part...
- Byju’s defence in NCLT; deep dive into quick-commerce playThe Bengaluru bench of NCLT asked the petitioner – Glas Trust Company LLC – to issue a notice to Byju's for defaulting on payment of the $1...
- Microblogging site Koo in talks for acquisition by VerSe InnovationKoo’s cofounder Mayank Bidawakta stated in a LinkedIn post that the microblogging platform was in discussions with “multiple partners” for ...
- Koo seeks fresh funding, strategics; Dunzo further delays paying salaries, will move out of Bengaluru HQHomegrown microblogging platform Koo is looking for fresh funding or a strategic partnership to further its “next phase of growth,” cofound...
- Dunzo to pay August salaries via payroll financing app OneTap amid cash crunchEmployees were asked to download and register on the app, as well as fill a know your customer (KYC) form on the app to receive their payme...
- Dunzo delays paying salaries further as company faces severe cash crunchDunzo has been struggling to finalise crucial funding amid a cash crunch, as a valuation mismatch among stakeholders has become a point of ...
- Dunzo delays payment of August salaries for some staff till end of this weekDunzo has been struggling to close essential new financing as a difference in the scope of valuation between its investors has emerged as a...
- Dunzo faces legal notice from seven firms over unpaid duesDunzo had received legal notices from Google India, Nilenso, Clover Ventures, Facebook India Online Services Private Limited, Cupshup, Koo ...
- Koo lays off 30% of its workforce over the course of the yearThe three-year-old firm added that it was important for businesses of all sizes to adopt 'efficient and conservative approaches' to see thi...
- Homegrown companies on hiring spree as Big Tech sheds talentThough the absolute hiring number is not huge since Indian startups are themselves going through funding woes, the roles span product, grow...
- Amid Twitter chaos, Koo offers to migrate historic tweets to escape 'intellectual assassination'Koo, which allows users to express views in Indian languages, has already crossed 50 million downloads and is now flying into the rival's n...
- New Data Bill draft to allow storage in trusted nations, Amazon layoffs likely to hit India staffThe government will propose to allow transfer of data and its storage in “trusted geographies” in the revised draft of the data protection ...
- Data localisation to be scrapped in new Bill, Amazon layoffs to hit India staffThe government will propose to allow transfer of data and its storage in “trusted geographies” in the revised draft of the data protection ...
- Homegrown Twitter rival Koo says laid off 15 employees, not 40Homegrown micro-blogging platform Koo on Tuesday said that it has laid off 15 employees, or 5 per cent of its workforce, and not 40 as earl...
- Koo to raise headcount to 500 in 1 year; hiring for engineering, product, community managementKoo currently has around 200 people, and looks to reach a headcount of 500 in the next one year as they hire primarily in areas such as eng...
- Tariff barriers to suit Hyundai’s India plansHyundai Motor India has been operating at more than 98% capacity for the best part of the last 4-5 years.
- Samsung Securities CEO resigns after $105 billion stock blunderSamsung Securities accidentally issued 2.8 billion shares to workers, some of which were quickly sold off.
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