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PB Fintech's Q3 profit jumps; Budget's tech infra pushPB Fintech reported sharp growth in profits and revenue for the October-December quarter. This and more in today's ETtech Top 5.- Zupee lays off 200 in second round of job cuts after real money gaming banOnline gaming startup Zupee has cut about 200 jobs in a fresh round of layoffs after India’s ban on real money gaming. The move follows ear...
- Meesho's Q3 losses balloon & other earningsEcommerce firm Meesho's losses widened despite strong revenue growth. This and more in today's ETtech Top 5.
- Vidit Aatrey on Meesho’s IPO; big gains for early backersIPO-bound Meesho sees no slump in ecommerce demand in India. This and more in today’s ETtech Top 5.
- Finland turned a gaming hobby into a €3.6 billion export business — and India has a lot to learnFinland's gaming industry transformed from a hobby into a 3.6 billion euro export sector. The iPhone 3GS launch and games like Angry Birds ...
- Gameskraft lays off 120 amid real-money gaming ban, CFO fraudGameskraft has laid off 120 employees due to the new online gaming regulations and halted operations. The company also filed a police compl...
- Ban-hit real money gaming companies fire 2,000 setting off a scramble for jobsNearly 2,000 employees at real money gaming (RMG) firms including MPL, Games24x7, Zupee, PokerBaazi, and Head Digital have lost jobs after ...
- Kavin Bharti Mittal’s Hike to shut operations amid govt’s real money gaming banHike, the 13-year-old startup founded by Kavin Bharti Mittal, is shutting down following the Indian government's ban on real money gaming. ...
- Dream11, three other startups off unicorn list after online gaming law: ReportThe other startups who are off the unicorn list are Gameskraft, Games24x7 and Mobile Premier League. Besides, the 'ASK Private Wealth Hurun...
- Games24X7 to lay off 70% employees as real money gaming ban pinchesGames24x7 is reportedly laying off around 70% of its workforce, potentially impacting 500 employees, following the government's ban on onli...
- BigBasket top brass churn; RMG ban pain manifestsHappy Tuesday! BigBasket CEO Hari Menon is expected to take a step back as part of a leadership transition. This and more in today's ETtech...
- Delhivery delivers in Q1; Google open to ‘real money’Delhivery posted a 68.5% rise in net profit in the April-June quarter on the back of operational efficiency. This and more in today's ETtec...
- CCI probe against Google; Nazara’s fundraiseIndia’s antitrust watchdog has ordered a probe against Google on alleged anti-competitive practices against real money gaming. This and mor...
- Winzo completes fourth Esop buybackThe Esop buyback is part of WinZO’s efforts to attract and retain top technology and product talent amid challenges in the gaming industry.
- GST woes at online gaming companies trigger a deluge of CVs at recruitment firmsThe implementation of a 28% GST on online gaming in India has led to a surge in job seekers from the sector. Concerns about the potential i...
- GST on online gaming triggers CV delugeThe increasing number of job seekers reflects their concerns about the GST’s potential effects on their future, say experts.
- Fresh layoffs at Byju’s; iPhone shipments from India cross Rs 10,000 crore in MayEdtech major Byju's is undertaking another major round of layoffs which is expected to impact at least 500-1,000 full time employees across...
- WinZO concludes third round of ESOP liquidationThe third round is available for everyone who has served a minimum of two years with the company, encompassing approximately 25% of its cur...
- Job-tech firms hit as startup hiring falls; IT firms’ clients focus on smaller deals amid downturnEdtech startups such as Masai School, Simplilearn and Relevel are reworking their approach because of the slowdown in the job market, espec...
- Winzo looks to double workforce, hiring for tech, animation, design, business rolesSo far, the firm has rolled out 50 offers and expects to roll out about 30 more by the end of the placement season.This year, it plans to d...
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