Not just us, all tech start-ups hit by the headwinds: Cars24
These layoffs are in line with the unicorn's plans to expedite its path toward profitability, says co-founder Gajendra Jangid.
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‘Optimising teams’: Byju’s on Toppr, WhiteHat Jr layoffs
Byju's says it has integrated Toppr and absorbed 80% of workforce; it’s now optimising teams to recalibrate business priorities
Amid layoffs, Indian startups raise $12.1 bn during Jan-Apr 2022
A total of 672 venture capital (VC) deals worth $12.1 billion were announced during January-April 2022.
CARS24 raises $400 million at $3.3 billion valuation
This is the third funding garnered by the online used car platform within one year. It amassed about $840 million in equity investments during this period.
The year of the unicorns
Last year, despite the pandemic ravaging Indian economy, there was one silver lining: India saw the rise of 11 new unicorns. Here is a list.
CARS24 drives into unicorn club
The online transaction platform for used cars raises $200 million from DST Global, and others.
