Page 78 - Peerzada Abrar

Drug, medical services firm PharmEasy may lay off hundreds of employees

The company has a total workforce of about 1500

upGrad's acquisition of test-prep provider Exampur may hit roadblock

Disagreement over valuation of Noida-based company which wants more from the deal, says source

We are committed to India; review process is normal: Amazon India's Tiwary

I don't think there are too many countries still projecting 6.5 per cent or 7 per cent (GDP) growth….. We would evaluate and sometimes, some people would be asked to separate

Vedantu gives pink slips to 385 employees in 3rd round of layoffs this year

It has sacked over 1,100 employees, so far, amid funding winter

Amazon sees 'huge opportunity' for India grocery service: Executive

Grocery business will spread 'deep into Bharat', says e-commerce firm as it shuts down some other smaller units

SoftBank-backed Cars24 eyes small towns to sell used cars in India

The company more than doubled its India revenue in 2022 to Rs 6,008 crore from Rs 2,776 crore in 2021

KreditBee raises $80 million in Series D from Premji Invest, others

The fintech firm aims to cross an AUM of over $1 billion in the next 6-9 months

Zetwerk set for over $1-billion revenue in FY23 on China Plus One

Zetwerk's acquisition of Unimacts will provide the company with immediate access to marquee solar and wind-power customers

Uber adds rear seatbelt reminder, SOS integration with cops in India

Uber has launched SOS integration with local police to share critical information with them, including live location

Flipkart staff may get Rs 5,700 cr in stock buyback scheme in a few weeks

This will be the biggest Esop buyback in tech industry. Flipkart owns over 80% stake in PhonePe and is looking to exit the company. Walmart owns 10% in the Bengaluru-based fintech firm

upGrad-backed Harappa launches in US, to upskill 55,000 managers in 3 yrs

Harappa founders cite huge scope as 82% Americans are likely to quit their jobs because of a bad manager, while 44% managers feel they are unprepared for their jobs

Amazon to shut down distribution unit in India, focus on core businesses

The move is a part of the e-commerce firm's strategy to focus on its core business and close-fledging units it has launched such as edtech and food delivery, sources say

I advise start-ups to think beyond the possible: ARM Holdings former CEO

"You need to look at where your biggest opportunities are and invent your own unique business model that capitalises on your strengths," says Sir Robin Saxby

What layoffs? Ronnie Screwvala-led upGrad on a hectic expansion spree

In a studied contrarian move, the Ronnie Screwvala-led edtech company is on a hectic expansion spree

Amazon to pull down shutters in food-delivery business in India on Dec 29

Amazon Food had onboarded 3,000 partners including QSR brands such as McDonald's and Domino's Pizza; some 25 people working on the project have all have been absorbed by the company

PhonePe set to acquire fintech start-up ZestMoney for about $300 mn

Deal expected to be closed in two-four weeks, says source

Amazon to shut down its edtech platform in India, refund customers

Edtech offering was launched last year to cater to students preparing for engineering colleges' JEE

Ultraviolette unveils India-made F77 electric motorcycle for Rs 3.8 lakh

Company says bike has the most advanced battery pack in the industry

Ather Energy takes on Ola, Okinawa, opens second manufacturing facility

Firm is in also in talks with various state govts to set up a third plant, which when completed, is likely to have a capacity of a million units a year

Ather Energy may venture into making electric motorcycles: Co-founder

'It took us a long time because we started at a time when nobody even believed that electric vehicles would become possible. It was an uphill battle for us'