Searched for
UNACADEMY CASH APPRAISALS
Wary VCs step up diligence; new-age ecommerce firms get investor attentionAmid the overall decline in venture capital funding, investors are taking more time to scrutinise startup business models before closing de...10 Apr, 2023, 10.02 AM IST- As funding winter sets in, top rung at new-age companies faces pay freezeAs pressure mounts to conserve cash, founders, investors and human resources experts told ET that many startups will hold back raises for s...09 Apr, 2023, 06.00 AM IST
- Oyo pre-files DRHP, IPO size likely slashed; Unacademy leadership to take salary cutsOravel Stays, which operates budget hospitality chain Oyo, has pre-filed its IPO papers with the stock market regulator Sebi on Friday unde...31 Mar, 2023, 07.27 PM IST
- Unacademy leadership to take salary cuts of up to 25%, says edtech’s founder Gaurav MunjalIn a memo to employees, cofounder and CEO Gaurav Munjal told employees that the Bengaluru-based unicorn’s leadership including founders wil...31 Mar, 2023, 02.03 PM IST
- Unacademy to slash 12% of workforce in another round of layoffsUnacademy had cut its headcount by 1,350 across two rounds of layoffs last year, while its subsidiary Relevel had fired 40 employees in Jan...31 Mar, 2023, 01.18 PM IST
- NCLAT upholds CCI’s Rs 1,338-crore fine on Google; GoMechanic gone in slump saleThe NCLAT bench has directed Google to carry out the competition regulator’s directions and deposit the fine within 30 days. The penalty of...29 Mar, 2023, 08.20 PM IST
- Unacademy hives off 2020 acquisition CodeChefUnacademy will hold only a 30% stake as an investor in CodeChef, which will now function as an independent business being run by its curren...29 Mar, 2023, 04.40 PM IST
- Amid layoffs, clutch of edtech firms roll out hikes and ESOPSEdtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS, among others, are looking to reward employees through increments. Othe...11 Feb, 2023, 01.25 AM IST
- Pay hike on the cards for edtech employees after an edgy 2022Edtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS among others are looking to reward employees through increments.09 Feb, 2023, 05.30 PM IST
- Quick-loan apps submit docs to prove legitimacy; interim relief to Flipkart in Rs 1,100-cr tax caseThe ban on 94 quick-loan apps has caught the digital-lending industry in a quagmire. Even as senior executives continued their hectic discu...09 Feb, 2023, 08.34 AM IST
- In-depth: How startups are pruning costs as funding continues to plummetIn January, Indian startups raised only $1.38 billion in venture funding, nearly 70% lower than in the same period of 2022, reflecting the ...07 Feb, 2023, 07.42 AM IST
- Big tech’s cloud business under stress & other big stories this weekEven as the cloud gets darker, there’s a silver lining. The runaway success of OpenAI’s ChatGPT, and the follow-up play by others in the sp...04 Feb, 2023, 07.33 AM IST
- Decoding startup angel tax on foreign investors; govt may notify data embassy policy as part of new Data BillPopular deal structures and valuation approaches employed by Indian startups could take a hit as the central government extends angel tax p...03 Feb, 2023, 07.36 AM IST
- 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 ...02 Feb, 2023, 10.13 PM IST
- Unacademy cancels cash appraisals; staffers will be rewarded with stock optionsUnacademy’s cofounder and CEO Gaurav Munjal on Thursday told employees that appraisals for the financial year ended March 2023 stand cancel...02 Feb, 2023, 09.33 PM IST
- Startup investors push founders to focus on stronger unit economics amid funding slowdownIn the last 2-3 weeks, many startups have deferred hiring mandates to the next quarter, as they head into a funding winter and want to go s...21 May, 2022, 06.00 AM IST
Load More
