Tag: StartUp

Staff-transportation startup raises funding of $15 million

MoveInSync Technology, a Bengaluru-based employee-transportation startup has managed to raise funds to the tune of $15 million in a Series C funding round. The...

Despite strong Q3 results, Informatica to lay off 500+

That artificial intelligence will eat up jobs is more or less clear. The AI startup, Informatica, based out of the Bay Area, has let...

Tweet by HR start-up CEO raises concerns about joblessness

Can a Twitter update regarding responses to job postings garner 1.5 lakh views? Apparently yes. Why? Because the tweet was about a startup receiving...

Most startups created by those laid off by Meta: Report

Not all those who have been laid off recently are brooding or desperately looking for jobs. Some enterprising ones are starting their own businesses....

Euler Motors restructures, lays off 200

After recently raising $60 million in a Series C funding round, Euler Motors, a startup that manufactures electric commercial vehicles, has let go hundreds...

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,...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Saudi Arabia expands saudisation programme in aviation

The Saudi Arabian Ministry of Human Resources and Social Development, in collaboration with the Ministry of Transport and Logistic Services, has announced the second...

Latest

Tetra Pak to axe 300 roles; to shut Jurong factory

In a strategic move, Tetra Pak, a multinational food processing and packaging company, has announced the laying off of 300 employees. The decision comes...

‘3 days in office’: Cognizant mandate for India employees

Cognizant India employees have received an internal memo informing them of the end of work-from-home and asking them to be in office thrice a...

Calcutta HC orders RBI to compensate intern denied paid maternity leave

The Calcutta High Court has instructed the Reserve Bank of India (RBI) to provide compensation to a female intern who was refused paid maternity...

Moglix gears up for hyper-expansion with 500 new hires

Indian B2B industrial products platform, Moglix, is embarking on an ambitious expansion plan, aiming to add 500 new employees to its workforce over the...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
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