Artificial Intelligence will create 2.3 million machine learning jobs by 2020.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
'Now, because of COVID-19, we have become the only way to learn.'
'It could take 12 months or more for hiring to get back on track.' 'New opportunities would come up and there will be demand for skillsets that can help dealing with the current situation.'
It has once again returned to strong growth after a brief hiatus, spurred by the return of investors' confidence (and cash) in India's online food ordering sector.
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said. In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact of this crisis is "definitely going to be long-drawn for us".
Reskilling and online certification are the biggest earners in the Indian online education market
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
Advitiya Sharma is fifth co-founder to leave the start-up now left with three more co-founders.
Higher advertising spends to grab customer eyeballs take a toll on startups across segments
But Indian information technology workers might do better without the companies that held them back, says Mihir S Sharma.
We need to create collaborative and/or disruptive platforms like Uber and Airbnb in all sectors to ensure responsive and responsible inclusive growth, says C P Gurnani.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
'Anything that is anti-growth is demonised because growth is the biggest religion.' 'Growth is synonymous with progress. In fact, it is the opposite.' 'Exponential growth is cancer.'
Recently, when TCS laid off a handful of employees, prominent trade unions rushed to offer their support to workers who had lost their jobs.
Chairman of Manipal Global Education Services says that the government often forgets that its prime duty is to serve the people and not some sick public sector units.
'I always used to say ignore the trolls and move on and focus on your fans and friends,' Sreenath Sreenivasan tells Rediff.com's Monali Sarkar. 'That was easy for me to say. But now when I say it, I really mean it.'
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