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LIDO LEARNING HIRING
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: 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...
Many laid-off edtech workers open to large pay cuts amid job crunchTech, sales and marketing, content, product developers, teachers and contractual staff like testers, have all been affected. While the firs...
New draft rules to tackle fake online reviews; IT ministry junks draft data anonymisation guidelinesA senior official in the Department of Consumer Affairs tells us the centre has finalised draft guidelines on countering the spread of fake...
Edtech unicorn Eruditus lays off employees to focus on profitabilityEruditus Group owns Eruditus Executive Education and Emeritus. Eruditus partners with over 50 universities such as MIT, Columbia, Harvard, ...
Unacademy CEO says funding ‘winter is here’; tells employees to adapt, target profitabilityUnacademy had recently laid off over 600 employees as demand for online education slowed down due to opening up of offline institutes.
Despite layoffs, some edtech firms still on growth chapterUpGrad managing director Mayank Kumar said the company’s diversified model had helped it remain stable. It continues to have many open hiri...
Hiring intent remains strong among startups despite job cuts: SurveyThere is likely to be a 20-25% increase in hiring of mid-to-senior talent by well-funded startups in ongoing quarter compared with a year e...
Digital health platform Mfine lays off 500 employeesThe job cut accounts for about half the workforce at Mfine that had been hiring employees until last month, according to media reports.
Winter is coming, Y Combinator warns; startups show solidarity amid layoffsThe famed Silicon Valley startup accelerator has told founders of all its portfolio companies to hunker down, cut costs and extend their ru...
Startups reach out to find jobs for the laid-offScaler, Filo, Classplus, PhysicsWallah, BrightChamps, Teachmint, ByteLearn and Mojocare were some of those companies offering help.
Edtech unicorn Vedantu lays off 200 employeesAbout 120 of these employees were on contract while 80 were full-time employees, Vedantu told ET. Almost all were from the company’s academ...
Startups shed flab amid slowdown in large funding roundsThe trend is likely to play out further, though the early-stage funding ecosystem has yet to significantly taper off. Investors have begun ...
Byju's faces litmus test as edtech bubble bursts in IndiaAs India reopens amid 'hybrid normal' and schools and colleges return to normal, edtech platforms see a significant dip in the demand for o...
Startups to remain attractive for jobseekers despite hiccups, say expertsIndustry insiders told ET that astronomical hikes to attract talent may likely see some correction in the coming quarters, but the sector i...
Furniture rental startup Furlenco lays off 180 employees amid restructuringThe Bengaluru-based startup is backed by the likes of UAE-based CE-Ventures, Zinnia Global Fund, Lightbox, Bollywood actor Aamir Khan, amon...
Unicorns Unacademy, Udaan, CRED top 2021 LinkedIn Top Startups India listWith these top three unicorns, and nearly 60% of the 2021 LinkedIn Top Startups India List based out of Bengaluru, the city has reinforced ...
Lido Learning bags Rs 41 crore in fundingLido Learning passed a special resolution to approve the allotment of 1,41,493 Series Seed 2 preference shares at an issue price of Rs 2,88...
Lido Learning to hire 500 online tutorsLast week, Lido raised $3 million as part of a Series B funding round, in which existing investors as well as new investors including Picus...