Tag: StartUp
385 jobs cut at Vedantu, leadership take 50% pay cut
Vedantu, the edtech unicorn, has laid off 385 employees from its workforce, taking the tally of those laid off this year to over 1,000....
Unacademy lets go 350 jobs amidst funding winter
There has been a second round of layoffs at Unacademy, affecting 10 per cent of its 3,500-strong workforce this time. About 350 employees have...
Edtech platform, LEAD, cuts jobs, reduces team size
In a bid to cut costs and focus on profitability, LEAD, an edtech platform, has laid off a significant number of members from its...
Geekster raises $1.30 mn in funding, will expand team & portfolio
Geekster, the career-focused edtech platform has managed to raise $1.30 mn in a pre-series A round led by Inflection Point Ventures. MyNavi Corporation, Japan-based...
Here’s a firm that funds employees’ businesses
Lattice, a San Francisco-based company is offering funds to the tune of $100,000 to employees who decide to leave the Company and set up...
Layoffs continue in the startup space
The trend of letting go employees continues in the startup space. Some employees from India working for the Indonesia-based startup, Lummo, have been asked...
Swvl, MPL lay off employees citing drying funds, pandemic
The Dubai-based mass transit solutions startup, Swvl, will lay off 32 per cent of its workforce. The objective is to enhance business efficiency, reduce...
PrepInsta plans 100% increase in team strength
PrepInsta is gearing for 100 per cent expansion of team. The edtech startups plans to take its present headcount of 50, to at least...
AdmitKard to expand team of 150 by 66% in 4 months
AdmitKard, the edtech startup, which simplifies access to higher education opportunities, is on an aggressive hiring spree. It plans to onboard around 100 employees,...
At least 500 laid off at MFine
MFine, the Bengaluru-based healthtech startup, has had to lay off at least 500 employees as it is facing a massive financial crisis. The exact...
Unacademy lays off 6,000 as part of cost cutting
Unacademy, the Indian edtech startup, has let go of about 600 employees from its almost 6,000-strong team — about 10 per cent of its...
Fintech startup, slice, to hire 800 in 2022
slice, a fintech startup, is gearing to hire almost 800 people for various roles across its operations, design, product, and engineering verticals in the...
Why attrition at startups is on the higher side
Ask a newbie about the reason for joining a startup, and the most common answer would be that it’s exciting and thrilling to be...
Edu-tech startup, byteXL, gets funding of $200,000
byteXL, the experiential learning platform for IT career aspirants, has raised a seed fund of US$2,00,000 in an angel round. Joseph Joy, president, Joy...
What do companies need more at a startup stage: specialists or...
This question has led to endless debates. Not surprising, since both have their pros and cons. Specialists are experts in their fields, and well-versed...
Leegality to hire from across India, double workforce
Leegality, the eSign, eStmap and document workflow platform, has set itself a target of 10x growth in revenue in a year’s time. Anticipating huge...
No lay-offs, lock-outs, termination: Kerala govt guidelines
In Kerala, the state labour commissioner has issued fresh guidelines for employers, including precautionary measures to be taken amidst the second wave of the...
Fixcraft to double manpower
Fixcraft, the young car after-sales services startup is working to double its manpower in the first quarter of the new financial year. With about...
Logistics tech startup, Pickrr, to hire 200+ across verticals pan India
With the recent funding of $4 million received by Pickrr Technologies, the Indian logistics tech start-up has begun hiring technology experts, specialists, business developers,...
AI startup, Databricks, raises $1bn
Databricks, the artificial intelligence (AI) startup —that helps organisations get rid of the costs and complexities associated with legacy data architectures to facilitate better...
Salesforce leads $15 mn Series C funding of Indian startup, Darwinbox
American cloud-based software company, Salesforce, has invested in Indian developer of HR software, Darwinbox. This is the first time Salesforce.com is investing in India.
Darwinbox,...
Vernacular.ai is gearing up to expand, double workforce
Four years ago, Vernacular.ai was established by two graduates from IIT-Roorkee. This AI-driven voice engine aims to improve customer experience, as it is equipped...
Unacademy triples valuation to $1.45 bn; enters unicorn club
Gaurav Munjal-led Unacademy tripled its valuation to 1.45 billion after raising funds
to the tune of $150 million from Masayoshi Son-led Softbank’s Vision Fund 2.
The...
inFeedo raises $700,000; plans to double efforts in SA region
Gurugram and New York-based people analytics startup, inFeedo, has raised $700,000 in financing from Y Combinator, a Silicon Valley-based start-up incubator.
The Company had earlier,...
‘Microsoft co-sell ready partner’ status for Zwayam
Zwayam, the recruitment startup, has achieved ‘Microsoft co-sell ready partner’ status. The hiring startup, driven by artificial intelligence (AI), provides a SaaS platform for...
Livspace lays off 450; WeWork slashes 20% jobs
Bengaluru-based home design and decor startup, Livspace, has reportedly laid off close to 450 employees from its 2,800-strong workforce. This news of layoff comes...