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ZYPP ELECTRIC LAYOFFS
Zomato layoffs; OpenAI’s $300 billion valuationFood delivery major Zomato has asked 500 of its junior-level employees to leave. This and more in today’s ETtech Top 5.- ONDC’s retail slump; Uber goes autonomousHappy Thursday! The government-backed Open Network for Digital Commerce (ONDC) has started seeing a decline in retail orders. This and more...
- Zypp Electric lays off 10% of workforce amid profitability pushIts employee strength has now come down from 1,300 to around 1,180-1,190, said a company statement. The statement termed the exercise as “r...
- EV scooter sales hit a bump in April, Ola grows marginally; What's plaguing Nykaa?Electric two-wheeler sales took a beating in April, according to data from Vahan, a government database that tracks vehicle registrations, ...
- 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...
- Startup funding uptick in Nov but investors stay chary; how logistics fleets are driving record EV salesThe growth in funding has mostly been led by early and growth stage rounds, which crossed $1 billion in November after more than five month...
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