Gaurav Munjal

Unacademy-Owned Relevel To Fire 40 Employees

11/01/2023

The edtech is shutting down its core education business and moving to a test product business with a newly launched application called NextLevel

upGrad-Backed Harappa Lays Off 60 Employees: Report

16/01/2023

Founded in 2018, the edtech was acquired by Ronnie Screwvala led upGrad in July 2022 for Rs 300 crore

Swiggy To Lay Off 250 Employees: Report

31/12/2022

The development came weeks after Swiggy’s competitor, Zomato, announced plants cut down the employee number by 3 per cent to combat the economic downturn

HealthifyMe Lays Off 150 Employees

05/12/2022

In July 2021, the company raised $75 million in a Series C funding round led by LeapFrog and Khosla Ventures

VCs and PEs Invest $33.3 Billion In Indian Start-Ups Amid Funding Winter: Report

03/12/2022

India is currently the home of the third largest ecosystem of start-ups after the US and China

ShareChat Lays Off 5 Per Cent Of Employees

03/12/2022

The development comes five months after it raised $255 million from marquee investors including Google, Times Group and Temasek

FIS Lays Off 400 Employees In India

02/12/2022

The global fintech player has witnessed a 44 per cent drop in its share prices

Tech Sector To Face More Hardships In 2023: Gaurav Munjal

30/11/2022

The Unacademy founder's tweet comes at a time when Indian start-ups are struggling to raise capital at a proper valuation and laying off their employees to stay profitable

Are Start-up Founders’ Claims Of Helping Sacked Employees Merely Lip Service?

12/11/2022

While many CEOs who went on a guilt trip after announcing retrenchments assured assistance to their sacked employees, it remains questionable how serious are they about keeping their promise

Unacademy undertakes fourth round of layoffs this year

08/11/2022

The edtech uniform sacked 350 employees yesterday, which is around 10 per cent of its workforce