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PRACTO LAYOFFS
Byju’s fires 500 employees; India Inc and influencer marketingTroubled edtech Byju’s has fired nearly 500 staffers amid a severe cash crunch. More details on this in today’s ETtech Top 5.- B Capital-backed startup Mojocare lays off about 170 employeesHealth and wellness startup Mojocare has laid off 150 to 170 staffers across roles to improve on its unit economics and better its capital ...
- Fintechs struggle to come together for self-regulation; epharmacies, govt officials hold talks over new rulesIndia's new-age financial services industry has faced constant regulatory scrutiny in recent years disrupting businesses across the board. ...
- Healthtech platform Practo lays off 41 employees, mostly engineersThe company said in a statement that upholding a high bar for performance and productivity is crucial to maintaining this level of growth.
- Health tech startup Pristyn Care fires 45 employeesThe layoffs are part of a regular process that was triggered after a comprehensive performance review to track employee efficiency, it said.
- 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.
- A startup founder's jailing over $260,000 bill sparks backlashStayzilla struggled against tough local competition and Airbnb Inc, closing its doors in February. Yogi was arrested by police last week fo...
- As unicorns like Flipkart, Quikr and Zomato turn 10, what next for the startup-verse?In 2017, the prodigal, wayward startups may still be able to find their way back home. But it may not be as easy in the years ahead.
- Pink slips: Startups forced to lose employees to stay afloatStartups move fast to success or face failure. Sackings are an inevitable part of life in a startup where fire fast is often a more pragmat...
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