Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
02 Apr, 2026, 07.29 AM IST
PhonePe slashes 60% of its customer support agents over 5 years in AI eraPhonePe has reduced customer support staff by 60% in five years, leveraging AI-driven chatbots to resolve over 90% of issues, amidst a 40-f...
21 Oct, 2024, 02.06 PM IST
PhonePe explored investment in Dunzo’s merchant businessHowever, Dunzo investors were not in favour due to strategic nature of Walmart-backed company.
18 Dec, 2023, 12.04 PM IST
Dunzo’s survival hinges on Reliance; Q&A with Instacart founder Apoorva MehtaReliance Retail, which is an investor in Dunzo, is yet to sign off on a much-needed capital infusion in the cash-strapped company. All abou...
11 Dec, 2023, 10.43 AM IST
PhonePe goes live with merchant loans; Government probing Byju’sAfter its failed ZestMoney acquisition, PhonePe is kickstarting its credit journey with merchant lending.
23 Jun, 2023, 07.37 PM IST
Exclusive: Reliance JioMart lays off 1,000 employees; govt groups may submit AI rules framework soonLayoffs have now hit Reliance Industries, with its wholesale format JioMart sacking over employees, as per people in the know. This and mor...
23 May, 2023, 09.30 AM IST
PhonePe’s ecommerce app Pincode goes live; funding in Indian startups may temporarily pause: RBIFintech major PhonePe has thrown its hat in the Open Network for Digital Commerce (ONDC) ring by announcing the launch of its ecommerce app...
04 Apr, 2023, 07.28 PM IST
Why PhonePe-ZestMoney deal fell through; top leadership changes at Swiggy InstamartPhonePe has walked away from buying cash-strapped buy-now-pay-later (BNPL) startup ZestMoney amid due diligence concerns, per multiple peop...
31 Mar, 2023, 01.32 PM IST
Indian techie sacked after 3 days at work by Meta, now lands new jobVishwajeet Jha took to LinkedIn to share his story after getting laid off, saying: "Yesterday morning, I found out that I am one of the 11,...
23 Mar, 2023, 10.47 AM IST
Funding winter may lead to market share gains for Nykaa, Zomato; Google India fires 453 employeesThe funding winter has prompted some companies to cut costs, rethink business models and lay off employees. But the challenging environment...
17 Feb, 2023, 08.12 PM IST
RBI grants payment aggregator licence to 32 entities; Paytm Payments Bank launches UPI LiteA total of 32 entities have received in-principle approval for payment aggregator licence from the Reserve Bank of India. The list includes...
15 Feb, 2023, 08.08 PM IST
PhonePe raises $100 million in fresh funding; Deepinder Goyal dismisses talks of attrition at ZomatoThe fundraise follows PhonePe’s recent change of domicile to India and full separation from the Flipkart group. Flipkart doesn’t own any st...
14 Feb, 2023, 07.15 PM IST
Angel tax: valuation rules under review; online gaming firms miffed with IAMAIThe Budget 2023-24, presented in Parliament last week, sparked fears of the government bringing foreign investors under the ambit of angel ...
06 Feb, 2023, 09.51 AM IST
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...
20 Jan, 2023, 07.53 AM IST
eForestation when Amazon's clearing; over 10,000 job cuts globallyThe business environment in India is also evolving rapidly. Big local groups like the Tatas and Reliance are moving into ecommerce, intensi...
02 Dec, 2022, 11.26 PM IST
Startups board express train chasing top talent in 2022Net headcount at startups rose more than 11% in the first two months of this year compared with a year earlier, show data from staffing fir...
20 Mar, 2022, 07.24 AM IST
PhonePe to hire upto 550 people this yearThe company is looking to add roles across the board, including engineering, corporate functions, sales, business development, and marketin...
05 Jun, 2020, 09.36 AM IST