In the past eight months, Flipkart has seen the exits of Mukesh Bansal, considered the right hand man of Sachin and Binny Bansal; Ankit Nagori, chief business officer; Punit Soni, Flipkart's million-dollar hire from Silicon Valley who headed product and strategy; and Manish Maheshwari, head of the seller business
Ebay will cut around 2,400 jobs this quarter in a bid to improve business efficiencies.
Higher advertising spends to grab customer eyeballs take a toll on startups across segments
Flipkart also faced criticism earlier this year after it deferred the joining dates for campus recruits from the Indian Institutes of Management and Indian Institutes of Technology
Reskilling and online certification are the biggest earners in the Indian online education market
Of all the tremors to rock the start-up world of late -- Snapdeal's layoffs, Stayzilla's shutting down, Flipkart's frequent devaluations -- nothing will match the rumble at ShopClues for poignancy.
Currently, Housing.com makes Rs 1.2-1.5 crore a month, against a burn of Rs 10.05 crore.
These workers have been asked to undergo a 30-day performance improvement plan.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
Globally, the viability of on-demand businesses is being questioned
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