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LICIOUS LAYOFFS
Startups’ pink slip count falls to 10,000 amid funding bluesFiring in first half of 2024 lesser than H2, H1 of ’23, signalling a slight recovery. Ola Electric is in the final stages of laying off ove...
Time for a reset: Paytm’s opportunity to get back to basics; and other top stories this weekThe stringent action by the Reserve Bank of India (RBI) against Paytm Payments Bank could have a positive fallout. It can actually push One...
Board exits at Paytm bank; Mamaearth’s Q3 profit up 265%Shinjini Kumar, a former Bank of America and PricewaterhouseCoopers (PwC) executive, resigned from the payments bank’s board in December, w...
Licious lays off 80 employees as part of 'operational reset'The impacted employees are being offered two months’ salaries as compensation, along with the variable payment for FY24, it added in a stat...
Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exitsThis time last year, India’s startup ecosystem was counting unicorns. Now, it’s tallying layoffs. According to data compiled for us by Long...
Smear campaigns rife on Twitter; Byju’s defers Aakash deal paymentsBut Meesho isn’t the only company that has been the target of a Twitter smear campaign in recent months – Easemytrip and even Sequoia have ...
Paytm Payments Bank denies it leaked data to China; Trell to lay off hundreds of employeesBloomberg reported that the RBI acted against Paytm Payments Bank as it had allegedly leaked data to entities in China. The company has ref...
E-commerce companies go on a hiring spreeBharatPe has this month hired Nishant Jain from Zomato as its chief business officer and Ankur Jain, a former Walmart Labs executive, as it...