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MediBuddy raises $18 million in funding from existing investorsThe current funding round is in continuation of the Bengaluru-based startup’s series C fundraise of $125 million in February 2022. The fund...- B Capital-backed startup Mojocare lays off about 170 employeesHealth and wellness startup Mojocare has laid off 150 to 170 staffers across roles to improve on its unit economics and better its capital ...
- Layoffs in 2023: Cred, Meesho, Dunzo among Indian startups & tech companies that have cut jobsIndian startups, too, have been impacted over the last 6 months as they struggle to raise funds in a tough global environment.
- Health tech startup Pristyn Care fires 45 employeesThe layoffs are part of a regular process that was triggered after a comprehensive performance review to track employee efficiency, it said.
- How startups can become more ESG (employees, shareholders and government) readyThese practices, combined with deceleration in valuation, have led to the government stepping up its scrutiny of startups and their functio...
- Zomato to become ‘Eternal’; 11,500 sacked at Indian startups this yearZomato is rebranding itself to Eternal, an entity that will house Zomato's food delivery business and its growing number of side hustles.
- Over 32,000 tech workers fired in US, more than 11,000 in India till JulySince April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13% are fro...
- Byju’s yet to close $800M round; govt may quiz FB, Twitter on compliance rateFellow edtech giant Unacademy, meanwhile, is giving its founders and top management pay cuts and shutting its global test prep business as ...
- Pay cuts for edtech giant’s top brass; UPI duopoly worries MPsUnacademy will slash the pay packages of its founders and top management, and shut down its global test prep business, its CEO told employe...
- Troubled Mfine merges with Lifecell International, raises $80 millionMfine will remain the app and consumer brand for digital healthcare services like tele-consultations, care plans, diagnostic tests.
- Over 22,000 techies lose jobs in US, more than 12,000 in Indian startupsStartups now say it is much more difficult to raise new funding in this gloomy environment.
- Over 50K startup employees stare at job loss as India prepares for 200 unicornsNearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...
- Rupeek lays off 200 employees amid slowdown in fundingIn a written communication to employees on Tuesday morning, Rupeek founder and chief executive Sumit Maniyar said the company had taken a “...
- Physics Wallah turns unicorn amid edtech carnage; Rupeek lays off 200Physics Wallah joined the unicorn club after raising $100 million from WestBridge and GSV amid edtech cargnage.
- Meesho looks to cut costs, extend runway; Udayy sacks workers and shuts downMeesho, for one, is taking their advice and shifting gears amid the downturn. But it’s too late for edtech startup Udayy, which has laid of...
- Layoffs at MPL, FrontRow; ShareChat set for $300M windfallEdtech firm FrontRow and gaming firm Mobile Premier League announced mass layoffs, joining a host of startups that have sacked employees in...
- Edtech firm FrontRow lays off 145 employees, almost 30% of its teamFrontRow said the layoffs were undertaken to increase efficiencies and lengthen the company’s runway. The company said most of the layoffs ...
- VC fund Beenext tells startup founders how to adapt to the funding winterBeenext has asked all founders to work together with their existing shareholders, revise budgets across marketing and headcount, while chec...
- Digital health platform Mfine lays off 500 employeesThe job cut accounts for about half the workforce at Mfine that had been hiring employees until last month, according to media reports.
- Flipkart takes on Urban Company; drivers ditch Ola, Uber in drovesBut now the company faces fierce, well-funded competition in the form of Flipkart, which plans to roll out similar services in the coming m...
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