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ZETWERK LAWSUIT
Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...- Power equipment startup Ayr Energy in talks to raise $25-30 million: sourcesUS-based Ayr Energy is in talks to raise $25–30 million from Energy Impact Partners, which could value the startup at around $200 million. ...
- Amazon's massive layoffs; Founders cash in IPOAmazon will cut tens of thousands of corporate roles in a major workforce reshuffle. This and more in today's ETtech Top 5.
- Zetwerk sues Ayr Energy over alleged misuse of confidential data; seeks $100 million in damagesThe lawsuit claims Ayr Energy, founded by a former Zetwerk executive, unlawfully used confidential data, including business strategies and ...
- Meesho’s secondary deal; tech VCs line up for consumer brandsPeak XV Partners and Tiger Global are among investors aiming for a stake in ecommerce firm Meesho via secondary deals. More details in a pa...
- Stock investment firms eye tax relief on foreign equity purchase; Indian-American Neal Mohan is new YouTube CEONew-age stock investing platforms are planning to write to the government seeking exemption for foreign equity investment use cases from th...
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