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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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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 …
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…
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…
PTI
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…
PTI
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…
Here’s how the advertising and marketing industry reacted to Union Budget 2021
How the budget will impact different sectors