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Vedantu follows Unacademy’s footsteps — fires over 600 people in May
Vedantu — an edtech company that competes with Byju’s and Unacademy — has laid off 424 employees, t…
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…
The edtech bubble is bursting as schools, colleges reopen and funds dry up
The last two years have proved to be the golden age for the Indian edtech industry. But every good …
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…
853 tech firms lay off over 137,492 workers globally, more job cuts coming
As more and more companies across the spectrum sack employees amid the global meltdown, at least 85…
BYJU's cuts 600 jobs across Toppr, WhiteHat Jr
In a big overhaul as the Indian edtech space shrinks considerably, online learning giant BYJU's has…
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…
Tough times will make startups go for ‘hero teams’, slash ad budgets and focus on profits
The anticipation of a rough funding winter may make Indian startups more conscious about their spen…
Google-backed Cuemath valued at $407 million as experts expect edtech slump
As experts expect the edtech industry to take a downward trajectory in the near future, Google-back…
As startup layoffs continue, Mobile Premier League and FrontRow fire 245 people
Gaming unicorn Mobile Premier League (MPL) and edtech startup FrontRow have laid off over 245 emplo…
World's highest valued edtech startup Byju's to divert focus on global businesses as Indian market is shrinking
Edtech leader BYJU's is in for a big change with its Founder and CEO Byju Raveendran set to focus h…
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…
The worst for Indian startups is yet to come — be prepared for layoffs, unicorn slowdown and startup shutdowns in 2022
Things are not as bright for the Indian startup ecosystem as they were last year. The segment which…
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…
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…
Here are five startups which managed to raise funds before the capital crunch hit them
Despite slowdown in capital raising, spiked inflation and hiked interest rates India saw a notable …
Venus Pipes & Tubes IPO: Here’s how you can check the allotment status
Venus Pipes & Tubes, which is a Gujarat-based company that manufactures pipes and tubes, is lik…
Amid the layoff season, these five startups are on a hiring spree
Over 11,000 people have lost their jobs so far this year and it could increase further to 60,000. E…
Delhivery IPO: Here’s how you can check the allotment status
The IPO was open for subscription from May 11 to May 13. The company received bids for ₹25.49 cr…