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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Bengaluru-based scooter startup has fired around 250 employees amid a cash crisis, and may be looking for a buyer.
It has been a tough week at Bounce. Varun Agni, co-founder and chief technology officer of the Bengaluru-based mobility startup, called his team members, one by one, to deliver the bad news. The company, he said, would be laying off the “entire tech team”, recalls a former employee who received the call. They requested not to be named.
The layoffs continued across departments. In Bengaluru, Bounce has sacked almost 90% of its employees, according to two other former executives, who also requested anonymity. It also laid off a few employees working at its manufacturing plant in Bhiwadi, Rajasthan. In all, …
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
