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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