Article on November 29, 2022
Hiring For Flexi Staff Sees Massive Jump: Survey
The ecommerce and logistics industry saw some fluctuation in hiring, with an impressive 10 per cent growth in August, which was followed by a hiring slump of 23 per cent in September
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D2C Jewelry Brand Melorra Clocks $100 Mn ARR
"We believe it’s our constant innovation and customer-centricity that have helped us. We look forward to reaching $1 billion in revenue by 2026," Saroja Yeramilli, Founder and CEO of Melorra mentions
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Alibaba To Sell Zomato's Shares Worth $200 Mn: Report
The block deal is set to occur at around a 5-6 per cent discount with the broker as investment bank Morgan Stanley
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BeatO Appoints Siddharth Sehgal As CFO
BeatO a digital care platform appoints Siddharth Sehgal as its CFO. He will be responsible for re-orienting the finance function commensurate with BeatO’s scale-up plans
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Cred Acquires SaaS Platform CreditVidya In Cash And Stock Deal
Kunal Shah-led CRED and CreditVidya will continue to operate independently. The transaction is a mix of cash and stock and closure of the acquisition is subject to requisite approvals
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Oben Electric Bags $4 Mn In Pre-series A Round
These funds will be used to fulfil existing orders, ramp up production capacity, and expand our distribution network
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Jio Unveils JioGamesCloud Beta Version
The newly-launched Jio Cloud Gaming platform is free for everyone irrespective of the network provider used
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Prodo Raises $1 Mn In Seed Funding Round
Prodo Raises $1 million in a seed funding round led by Capital, LetsVenture and Dholakia Ventures
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VerSe Innovation Lays Off 150 Employees: Report
The company has also announced implemented pay cuts for up to 11 per cent for employees who earn over Rs 10 lakh per annum
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SaaS-based Fintech Startup Zaggle Promotes Employee Wellbeing
The company has had a phenomenal growth journey in the $1 trillion addressable Indian spend management market and plans to triple its workforce
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