The mystery of Byju’s employment numbers

The company that employed more than 58,000 people at its peak in March 2022 has fired almost 80% of its workforce since then. Separately, Zomato and Swiggy grapple with tax troubles.

23 November, 20235 min
0
The mystery of Byju’s employment numbers

You may also like

Business
Story image

Can Meesho’s value-commerce playbook pass the IPO test?

The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.

Internet
Story image

Zepto’s fundraise overshadows Eternal’s quick commerce-driven Q2 growth

The well-timed announcement of Zepto’s $450 million funding on the day of Eternal’s September-quarter results foreshadows what the future holds for India’s quick-commerce landscape.

Internet
Story image

Gaurav Munjal to finally exit Unacademy

In the making for many months now, the final outcome at the edtech startup is an instructive episode for both founders and venture investors on when they must let go.