Indian startups, too, have been impacted over the last 6 months as they struggle to raise funds in a tough global environment.

According to a a survey of 600 CFOs by Coupa, a Cloud-based platform, 100 per cent of CFOs in the education sector responded with "reduce w...

As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more ...

With SoftBank and Malaysia’s Khazanah pulling the plug on GoMechanic funding round after EY flagged issues like inflated revenues, fictitio...

Over the past six months, convertible notes have emerged as a lifeline for many highly valued, growth-stage startups which were unsuccessfu...

Over the past few weeks the ETtech team has been chronicling all the big news events that shaped 2022. We’ve tried to make sense of all the...

In 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. ...

After two years of staggering growth during the pandemic, online businesses were caught out when Covid began to fade. Russia’s invasion pro...

Oyo Hotels & Homes, which filed for an initial public offering in October 2021 but put it off earlier this year because of the pandemic and...

The company's focus is on getting revenue per available room to 60% to 80% of pre-pandemic levels across all markets, Oyo founder Ritesh Ag...

When contacted by ET, a spokesperson for CarDekho confirmed the layoffs and pay cuts, without answering specific queries or providing detai...

The shortfall signals more trouble ahead for SoftBank and one of its most highly touted investments.

Hoteliers are unable to contact company representatives who were doing business with them.

Several existing hotel partners of Oyo expressed concerns over the job cuts at the SoftBank-backed company and said they had received no co...

Layoffs will be in mid-management, business development, sales and operations roles, & tech teams.

Quikr has laid off close to 1,000 employees, which is about a third of its total 3,000 workforce over the last few weeks, said a source, ev...

News reports say firm sacked about 1,000 employees at its subsidiary Oyo Jiudian.