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1 min read

Healthtech platform MFine lays off more than 500 employees amid financial crunch

mFine, which raised $48 million (over Rs 356 crore) in Series C funding, has let go half of its tot…

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3 mins read

Mamaearth and MFine-backer Stellaris Venture Partners closes second fund to make bigger bets in existing portfolio and up to 30 new startups

Early-stage investment firm Stellaris Venture Partners has closed its second fund at $225 million t…

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8 mins read

Almost one in five of India’s future unicorns drop off the race as funding winter bites

The ASK Private Wealth Hurun India Future Unicorn Index 2023 shows a decline in India's startup eco…

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1 min read

Over 32K tech workers fired in US, more than 11K in India this year

More than 32,000 tech workers have been laid off in the US till July this year, including at Big Te…

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Edtech startup 'Udayy' lays off all 100 employees as schools, and colleges physically reopen

Udayy's co-founder Saumya Yadav said that the startup was witnessing the post-pandemic world for th…

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3 mins read

Mysore, Kanpur and Bhopal — tier 2 cities with the highest gig worker demand

Companies like Amazon, Flipkart and even payment gateways are on a gig worker hiring spree.The jobs…

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4 mins read

India created 14 unicorns in the first half of 2022 — before funding slowdown hit them

The Indian startup valuations have taken a hit since April this year. Yet India has still managed t…

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3 mins read

May is the first month of 2022 when startups raised less than $2 billion

In the middle of a heatwave in May is when the funding winter kicked off this year. May is the firs…

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4 mins read

It would be a long firing season for startups — experts say 60,000 could lose their jobs

Indian startups have already laid off around 6,000 employees in the last five months. But this star…

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8 mins read

11,000 and counting — that’s how bad startup job losses are after Ola, Byju’s & 22 others cut costs

Indian startups have laid off a little over 11,000 people in the last six months as the flow of cap…

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2 mins read

Eruditus is India’s fourth edtech unicorn, valued at $3.2 billion

Mumbai-based Eruditus has raised $650 million in a funding round led by investment firms Accel and …

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2 mins read

New general insurance law will allow the government to privatise some state-owned insurers

The General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed by the Rajya Sabha…

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1 min read

Covid-19: Ola announces floater coverage of Rs 30,000 for 20 lakh driver partners

"Drivers can make a claim for this compensation for themselves and (or) their spouse by providing a…

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Covid-19: Niti CEO writes to NGOs for assistance in relief measures

Industry representatives and the EG 6 deliberated in detail on several challenges on critical issu…

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Ola, Swiggy, Paytm dole out benefits for drivers, delivery agents and employees in the testing times of Coronavirus

With the spread of Coronavirus, a lockdown has been announced in 75 districts of India. Millions of…