The layoffs are part of a regular process that was triggered after a comprehensive performance review to track employee efficiency, it said.

These practices, combined with deceleration in valuation, have led to the government stepping up its scrutiny of startups and their functio...

Zomato is rebranding itself to Eternal, an entity that will house Zomato's food delivery business and its growing number of side hustles.

Since 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...

Fellow edtech giant Unacademy, meanwhile, is giving its founders and top management pay cuts and shutting its global test prep business as ...

Unacademy will slash the pay packages of its founders and top management, and shut down its global test prep business, its CEO told employe...

Mfine will remain the app and consumer brand for digital healthcare services like tele-consultations, care plans, diagnostic tests.

Startups now say it is much more difficult to raise new funding in this gloomy environment.

Nearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...

In a written communication to employees on Tuesday morning, Rupeek founder and chief executive Sumit Maniyar said the company had taken a “...

Physics Wallah joined the unicorn club after raising $100 million from WestBridge and GSV amid edtech cargnage.

Meesho, 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...

Edtech firm FrontRow and gaming firm Mobile Premier League announced mass layoffs, joining a host of startups that have sacked employees in...

FrontRow said the layoffs were undertaken to increase efficiencies and lengthen the company’s runway. The company said most of the layoffs ...

Beenext has asked all founders to work together with their existing shareholders, revise budgets across marketing and headcount, while chec...

The job cut accounts for about half the workforce at Mfine that had been hiring employees until last month, according to media reports.

But now the company faces fierce, well-funded competition in the form of Flipkart, which plans to roll out similar services in the coming m...