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<strong>SoftBank backed Unacademy to layoff 10% of its workforce in another round of layoffs.</strong>-thumnail

SoftBank backed Unacademy to layoff 10% of its workforce in another round of layoffs.

In an internal note in July, Munjal had said the firm has more than Rs 2,800 crore in the bank, but the organisation was not efficient at all. “We spent

Education

Nov 8, 2022

Artificial Intelligence Platforms future in India- Umesh Sachdev -thumnail

Artificial Intelligence Platforms future in India- Umesh Sachdev 

Artificial intelligence is the science and engineering of making intelligent machines or computer programs by ingesting large amounts of labelled training data, analysing the data for correlations and patterns, and

News

Nov 8, 2022

<strong>Zeus- The consulting firm on Business Analytics and Machine Learning (Data Science) and Moving into Space Tech –  the astronomical rise of its founder Johny Kolimi</strong>-thumnail

Zeus- The consulting firm on Business Analytics and Machine Learning (Data Science) and Moving into Space Tech –  the astronomical rise of its founder Johny Kolimi

Victory is for those who dare to dive toward their goals. Nobody knows what is waiting for us in the future. But what we know is that our future depends

News

Nov 8, 2022

<strong>How to join the decentralized Twitter alternative, Mastodon</strong>-thumnail

How to join the decentralized Twitter alternative, Mastodon

One of the expanding Twitter alternatives, Mastodon has a variety of new features and a fresh perspective. Some users are not happy with Elon Musk’s takeover of Twitter, and many

Industry

Nov 8, 2022

<strong>Oyo founder Ritesh Agarwal receives more lenient conditions for a share buyback in 2019</strong>-thumnail

Oyo founder Ritesh Agarwal receives more lenient conditions for a share buyback in 2019

Due to a $850 million write-off, the revised conditions now have a decreased quasi-equity component of $950 million instead of the previous $1.8 billion. According to those with knowledge of

Industry

Nov 8, 2022

Alphabet to squash hiring by half in the fourth quarter-thumnail

Alphabet to squash hiring by half in the fourth quarter

Google parent Alphabet stated it added 12,765 people in Q3, including 2,600 people as part of its Mandiant acquisition, to take its total employee base to 186,779 people across the

News

Nov 8, 2022

<strong>Shark Tank India S2 to air by early December; Amit Jain of CarDekho group joins shark gang</strong>-thumnail

Shark Tank India S2 to air by early December; Amit Jain of CarDekho group joins shark gang

Ashneer Grover, who had gained a sizable fan following last season, is not making a comeback this time. Along with him, Ghazal Alagh also will be missed. Meanwhile, Stand-up comedian

Entertainment

Nov 8, 2022

The Chiratae Ventures Growth Fund – I close its first round at Rs. 759 crore; oversubscribed.-thumnail

The Chiratae Ventures Growth Fund – I close its first round at Rs. 759 crore; oversubscribed.

Chiratae Ventures has raised five early-stage funds and manages $1.1 billion in assets under management (AUM). It has been an early backer of technology-led companies such as Bizongo, Curefit, Firstcry,

Finance

Nov 8, 2022

<strong>Snap establishes the India Creator Fund to assist independent musicians that use Snapchat.</strong>-thumnail

Snap establishes the India Creator Fund to assist independent musicians that use Snapchat.

The action is consistent with Snap’s strategy to enter the Indian market by utilizing local content producers. The Sounds Creator Fund has officially opened in India, according to a Tuesday

Industry

Nov 8, 2022

IT firms have put their hiring plans on hold-thumnail

IT firms have put their hiring plans on hold

Five of the country’s ten largest IT services firms reported a sequential decline in sales and support staff in the third quarter, as they let go of non-revenue generating employees

Industry

Nov 8, 2022

Paytm Q2 results: Net loss increases to 571 crore, revenue increases 76%-thumnail

Paytm Q2 results: Net loss increases to 571 crore, revenue increases 76%

One97 Communication-owned Paytm Q2 Results Paytm’s consolidated revenue from operations increased 76% year on year (Y-o-Y) to 1,914 crore in the second quarter of the fiscal year from 1,086 crore.

Finance

Nov 8, 2022

CarDekho, automobile marketplace plans to invest in $100 Mn in fintech subsidiary Rupyy-thumnail

CarDekho, automobile marketplace plans to invest in $100 Mn in fintech subsidiary Rupyy

The Delhi NCR-based startup turned unicorn in October last year after raising $200 Mn in a Series E funding round led by Leapfrog Investments. Automobile marketplace CarDekho plans to invest

Automotive

Nov 8, 2022


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