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Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.- Exclusive: Dealshare lays off 100 employees; Oyo eyes first profitable yearLast year, Dealshare expanded to 150 cities and towns across India as it chased growth above all else. Now, the company has laid off 100 em...
- Xiaomi fires 900 employees, to slash 10% of jobs globally: ReportThe termination comes after several companies, including Facebook-parent Meta, Elon Musk’s Twitter, and Microsoft, announced layoffs recent...
- India Inc prepares to fight 2nd wave of Covid: Mi India pledges Rs 3 cr; Cashkaro boss asks people for supportSajjan Jindal and Anil Agarwal arranged for supple of oxygen to Bengaluru and Goa, respectively.
- United we stand! From Paytm to Amazon, big brands step in to help India tackle Covid crisisRising Covid cases have put a huge pressure on India's medical infrastructure.
- Amitav Ghosh’s ‘Gun Island’, Garcia’s ‘Ikigai’ find space on Sabyasachi, Harsh Mariwala’s reading listA few books that top bosses are turning to during the lockdown.
- Indian startups need global growth-stage players to scale, says GGV Capital's Hans TungHans Tung says while early-stage VCs are highly competitive, there is not as much late-stage money in Indian startup scene.
- Asian investors bring new flavour to Indian startupsDeals involving Chinese investors jumped from 1 in 2013 to 27 in 2018, and Japanese investors from 3 to 54
- Average salary of Rs 16.79 lakh at IIM Shillong final placementsThe final placement season saw participation from 62 recruiters.
- Fourth edition of ET Startup Awards to be unveiled todayThe awards, a testament to ET’s focus on entrepreneurship, will be presented in eight categories, with each one reflecting an important asp...
- OYO books top spot at ET Startup Awards 2018At a meeting on Monday in Bengaluru, an exemplary jury led by Infosys cofounder Nandan Nilekani chose eight winners from a shortlist of 40 ...
- The jury’s day out at ET Startup Awards: Action-packed day that unfolded as the jury weighed in“It was a good forum to hear different perspectives. You had people like Nandan, who is a veteran and a mentor to many... you got to know w...
- WhatsApp Business keeps the conversation going for startupsFirms have started using WhatsApp Business to interact with customers.
- Will Indian investments of Chinese troika Tencent-Fosun-Alibaba pay off?They want to adopt its tried-and-tested strategy of going deeper into the startup ecosystem. Hopefully, this capital flow won’t lead to unn...
- Online learning marketplace ChalkStreet to organise sales and marketing talent huntThere are daily winners, weekly winners and 50 finalists who stand to win prizes that total up to a sum of Rs 20,00,000.
- Tech trends: From what we saw in 2015 to what to expect in 2016One of the highest adopted services in 2015 were Taxi aggregators. Uber, Ola, Taxi for Sure, Meru became a household names.
- What a high-profile litigation taught Manu Jain, Xiaomi India headThe journey of the company began in a 12x6 sq ft office and now they will shift to a 25,000 sq ft space in Bengaluru.
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