Founders are acutely aware of the slowdown in deal-making, and ‘expanding the runway’ is the mantra they are following to tide over the next quarters. So, startups are on the drawing board to implement those measures. Going back which will help them survive for the next 24 months.
Among companies to end layoffs in 2023, Google-backed Mohalla Tech Pvt Ltd, which runs social media site #ShareChat and short video platform Moj, topped the list with nearly 600 layoffs. It states that external macro factors affect the cost and availability of capital.
The Bengaluru-based company cut its workforce by around 20% in the latest round. Mohalla Tech also laid off its fantasy sports vertical Jeet11, which laid off around 115 employees in December.
Another Google-backed startup that laid off its employees in early 2023 is Dunzo. The instant commerce firm laid off 3% or about 90 employees as part of its restructuring. Product and supply chain employees were the most affected. “Some senior developers and at least two directors of engineering have been dismissed,” said a person with knowledge of Dunzo’s development.
The challenge of this “winner-takes-all” model in the corporate world is that the competition has to be decimated with whatever means necessary, the ultimate objective for the winner is a monopoly (the only buyer) and a monopsony (the only seller). There is no room for a second or third player in this model.
The “winner-takes-all” model requires an enormous amount of funding – business fundamentals such as profits or even revenue are not important. The model’s assumption is that equity can fund losses; revenues are not important until such time that there is only one player standing.
Food delivery major Swiggy reportedly plans to fire around 8-10% of its workforce, or 480-600 employees, to reduce costs amid the ongoing funding winter. The layoff at Swiggy will impact its product, engineering and operations teams, Fina.
Founders are acutely aware of the slowdown in deal-making, and ‘expanding the runway’ is the mantra they are following to tide over the next quarters. So, startups are on the drawing board to implement those measures. Going back which will help them survive for the next 24 months.
Among companies to end layoffs in 2023, Google-backed Mohalla Tech Pvt Ltd, which runs social media site #ShareChat and short video platform Moj, topped the list with nearly 600 layoffs. It states that external macro factors affect the cost and availability of capital.
The Bengaluru-based company cut its workforce by around 20% in the latest round. Mohalla Tech also laid off its fantasy sports vertical Jeet11, which laid off around 115 employees in December.
Another Google-backed startup that laid off its employees in early 2023 is Dunzo. The instant commerce firm laid off 3% or about 90 employees as part of its restructuring. Product and supply chain employees were the most affected. “Some senior developers and at least two directors of engineering have been dismissed,” said a person with knowledge of Dunzo’s development.
The challenge of this “winner-takes-all” model in the corporate world is that the competition has to be decimated with whatever means necessary, the ultimate objective for the winner is a monopoly (the only buyer) and a monopsony (the only seller). There is no room for a second or third player in this model.
The “winner-takes-all” model requires an enormous amount of funding – business fundamentals such as profits or even revenue are not important. The model’s assumption is that equity can fund losses; revenues are not important until such time that there is only one player standing.
Food delivery major Swiggy reportedly plans to fire around 8-10% of its workforce, or 480-600 employees, to reduce costs amid the ongoing funding winter. The layoff at Swiggy will impact its product, engineering and operations teams, Fina
Technology video | 192 views
The term 'Funding Winter' refers to a period in which funding for start-ups becomes more difficult to obtain due to a variety of factors, including economic conditions, market trends, and investor sentiment.
Funding Winter has brought a significant impact on the growth and development of start-ups, particularly those in emerging markets like India. We are witnessing – employee layoffs, investors delaying capital infusion decisions, lower spends by start-ups in marketing, some start-ups getting valued lower than their previous funding rounds, etc. – resulting in drying up of capital flows or “Funding Winter”.
This has been a global phenomenon throughout 2022 and is expected to have an extended run in 2023 as well. Prior to funding winter, globally many startups were able to raise funds at increasingly higher valuations with relative ease. India being the third largest startup ecosystem in the world, these trends are reflected in the capital flows to Indian startups as well. A recent PwC report mentions a drop of 33% funding of Indian startups during 2022 in comparison to 2021.
Today's Headline in NewsHours
0:00 Intro
3:25 #TimCook to launch Apple's first store in India today
3:46 #Malware 'Goldoson' infects 60 mobile apps on Google Play
4:20 #Google withdraws SC appeal against NCLAT order
4:47 Jio and Bharti Airtel to provide new connections to 1.1 million employees of Indian Railways
5:25 Coca-Cola to buy minority stake in Swiggy, Zomato rival
Follow Us On :-
Website:https://varindia.com/
https://www.facebook.com/VARINDIAMagazine/
https://twitter.com/varindiamag
https://www.instagram.com/varindia/
https://www.linkedin.com/company/14636899/admin/
https://in.pinterest.com/varindia/
https://varindia.tumblr.com/
Visit on https://varindia.com/ to know more
Labels & Copyrights :-
Technology video | 221 views
12,000 Meta employees are likely to lose their jobs amid ‘quiet layoffs’ #shorts
Technology video | 191 views
Delhi CM asks govt to intervene as IT employees finding difficulty in getting jobs amid layoffs
Technology video | 147 views
#crypto #blockchain #startup
Crypto Vs Blockchain Startup
There are many Indian companies working actively in the crypto space. India's crypto industry attracts foreign funds, but local investors remain wary. Cryptocurrency has seen tremendous growth in the last one year and from a consumer and technology standpoint, India is an important destination for cryptos. The venture capital companies including Sequoia Capital India, Lightspeed India, Elevation Capital and others are warming up to India’s cryptocurrency and blockchain industry. Several international funds such as Pantera Capital and Coinbase Ventures, and entrepreneur investors like Mark Cuban, have been investing in blockchain and crypto startups founded by Indians.
The absence of regulatory approval and the possibility of a blanket ban has, however, kept most Indian funds at bay, despite the heightened interest in crypto and blockchain. Despite the regulatory uncertainty and the volatility of cryptocurrencies, Indian start-ups in the space saw funding grow 73% in the first six months of calendar 2021 compared to the whole of 2020.Total funding year-to-date in 2021 stood at $50.03 million against the $28.85 million raised by cryptocurrency-based start-ups in 2020, according to data from Tracxn. A report says, the lockdown in 2020 had led to increased activity in the cryptocurrency market as retail and institutional investors turned to this investment avenue as volatility hit the stock market. Blockchain faces hurdles, including volatility in cryptocurrency pricing and confusion and misunderstanding from many consumers about the technology and related financial services, experts say.
Follow Us On :-
https://www.facebook.com/VARINDIAMagazine/
https://twitter.com/varindiamag
https://www.instagram.com/varindia/
https://www.linkedin.com/company/14636899/admin/
https://in.pinterest.com/varindia/?
http
Technology video | 241 views
इजरायल और हमास के बीच जंग शुरू हुए एक महीने से ज्यादा का समय बीत चूका है। एक तरफ इजरायल के सैनिक गाजा पट्टी में जमीनी लड़ाई लड़ रहे हैं तो दूसरी ओर हमास के लड़ाके भी जमकर गोलीबारी कर रहे हैं।
#israelhamaswar #israel #hamas #iran #gazastrip #KhabarfastNews #KhabarfastLive #latestnews -
www.khabarfast.com/
Khabar Fast brings the Latest News & Top Breaking headlines on Politics and Current Affairs in India & around the World, Sports, Business, Bollywood News and Entertainment, Science, Technology, Health & Fitness news. To Get updated Press the like Button now
Khabar Fast News Channel:
खबर फास्ट भारत का हिंदी न्यूज चैनल है । खबर फास्ट चैनल हरियाणा, हिमाचल प्रदेश, पंजाब, राजस्थान, उत्तर प्रदेश और हर एक राज्य से जुड़ी खबर से रुबरु कराता है । ख़बर फास्ट न्यूज चैनल राजनीति, मनोरंजन, बॉलीवुड, व्यापार और खेल में नवीनतम समाचारों को शामिल करता है। खबर फास्ट चैनल की लाइव खबरें एवं ताजा ब्रेकिंग अपडेट न्यूज, प्रोग्राम के लिए बने रहिए- टीवी चैनल्स, सोशल मीडिया (YOUTUBE, FACEBOOK, INSTAGRAM,TWITTER AND WEBSITE)
Khabar Fast is the Hindi news channel of India. Khabar Fast Channel deals with news related to Haryana, Himachal Pradesh, Punjab, Rajasthan, Uttar Pradesh and every state. The Khabar Fast News channel covers the latest news in politics, entertainment, Bollywood, business and sports. Khabar Fast Channel Live news and latest breaking news, stay tuned for the program - TV channels, social media (YOUTUBE, FACEBOOK, INSTAGRAM, TWITTER AND WEBSITE)
Subscribe to Khabar Fast YouTube Channel- https://www.youtube.com/channel/UCzEQ-n1l5Ld6nK5URcv-XHA
Visit Khabar Fast Website- https://www.khabarfast.com/
Follow us on Facebook- https://www.facebook.com/khabarfastTV
Follow us on Twitter- https://twitter.com/Khabarfast
Follow us on Instagram- https://www.instagram.com/khabarfast/
For any information or any suggestion you can also mail us on-care@khab
News video | 345 views
This HUGE WINTER WEAR HAUL is an Myntra Shopping Haul video where I show winter wear clothes and talk about Myntra Winter wear haul. Nidhi Katiyar brings the best Winter wear haul showing winter clothes and talking about Myntra winter haul in this Myntra shopping haul with focus on winter wear clothes.
CashKaro Signup Link - http://bit.ly/3580TfN
CashKaro App Link - http://bit.ly/2Qsmdsf
This huge winter wear haul where I show Myntra Shopping Haul and talk about Winter Wear Clothes is the best Myntra Winter Wear Haul. I will show you sweatshirts and sweaters that you can wear in winters and this winter clothes haul where I talk about my Myntra online shopping experience for winter wear clothes will help you to decide what to wear and winter clothes for this year. Myntra has some really good quality winter collection and their winter collection will help you look great during the winter season. This Myntra Shopping haul has winter wear clothes and the focus will be on Myntra winter wear haul.
Beauty Tips video | 217180 views
सर्दी का असर, लोगों पर टूटेगा कहर | ठंड इस बार तोड़ेगी रिकॉर्ड | Delhi Pollution #DBLIVE #DelhiPollution #Weather #IMD
#DelhiPollution #HimachalPradeshNews #HindiNews | #BreakingNews | #Watch | #video |
Get paid membership : https://www.youtube.com/channel/UCBbpLKJLhIbDd_wX4ubU_Cw/join
DB LIVE APP : https://play.google.com/store/apps/details?id=dblive.tv.news.dblivetv.com
DB LIVE TV : http://dblive.tv/
SUBSCRIBE TO OUR CHANNEL: https://www.youtube.com/channel/UCBbpLKJLhIbDd_wX4ubU_Cw
DESHBANDHU : http://www.deshbandhu.co.in/
FACEBOOK : https://www.facebook.com/DBlivenews/
TWITTER : https://twitter.com/dblive15
ENTERTAINMENT LIVE : https://www.youtube.com/channel/UCyX4qQhpz8WQP2Iu7jzHGFQ
Sports Live : https://www.youtube.com/channel/UCHgCkbxlMRgMrjUtvMmBojg
Winter 2021 : ठंड इस बार तोड़ेगी रिकॉर्ड | Delhi Pollution | Winter weather outlook | winter in india
News video | 406 views
In other news Friday, Bank of America, the nation's largest bank, said it will eliminate 3,500 jobs by the end of September following a string of other cuts announced earlier this year. Also, a suicide bomber struck a Sunni mosque in Pakistan, killing nearly 50 people.
News video | 1082 views
Watch IT Employees Fight against Layoffs In India | iNews With HD Quality
News video | 1271 views
Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
Entertainment video | 4323 views
Bigg Boss 18 LIVE: Girls And Boys Hostel Task, Vivian-Eisha, Avinash-Alice Ki Jodi
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Bigg Boss 18 LIVE: Girls And Boys Hostel Task, Vivian-Eisha, Avinash-Alice Ki Jodi
Entertainment video | 413 views
Yeh Rishta Kya Kehlata | BSP Ke Sath Sukoon Se Soyi Abhira Aur Armaan Ki Masti
#yehrishtakyakehlatahai #yrkkh
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Yeh Rishta Kya Kehlata | BSP Ke Sath Sukoon Se Soyi Abhira Aur Armaan Ki Masti
Entertainment video | 526 views
Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
#yehrishtakyakehlatahai #yrkkh
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
Entertainment video | 395 views
Bigg Boss 18 LIVE: Vivian Ka Breakfast Janbuzkar Kha Gaya Digvijay
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Bigg Boss 18 LIVE: Vivian Ka Breakfast Janbuzkar Kha Gaya Digvijay
Entertainment video | 294 views
Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail #bhagyalakshmi
Cameraman: Anil Vishwakarma
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail
Entertainment video | 381 views
Subscribe to my Vlog Channel - Nidhi Katiyar Vlogs
https://www.youtube.com/channel/UCVgQXr1OwlxEKKhVPCTYlKg
-----------------------------------------------------------------------------------------------------------------------------
My Referal Codes -
Plum Goodness -
Use code - NK15 for 15% off
https://plumgoodness.com/discount/NK15
Re'equil - Use Code - NIDHIKATIYAR FOR 10%OFF
https://bit.ly/3ofrJhl
Mamaearth - Use Code nidhi2021 for 20% off
colorbar cosmetics - CBAFNIDHIKA20
Watch My other Vlogs -
https://www.youtube.com/watch?v=ih_bKToLC3g&list=PLswt2K44s-hbKsvEBLEC5fHDkEp7Wwnpd
Watch My Disney Princess to Indian Wedding Series here - Its fun to watch Indian Avatar of Disney Princesses -
https://www.youtube.com/watch?v=lPkRbupcUB0&list=PLswt2K44s-haUOABjzzUOG2jwUh_Fpr96
Watch My Monotone Makeup Looks Here -
https://www.youtube.com/watch?v=WrpPx-_F1Yw&list=PLswt2K44s-hZOfXt-sSQlVe7C_vBOjsWQ
Love Affordable Makeup - Checkout What's new in Affordable -
https://www.youtube.com/watch?v=lowjaZ9kZcs&list=PLswt2K44s-hZcQ-tZUr7GzH0ymkV18U8o
Here is my Get UNREADY With Me -
https://www.youtube.com/watch?v=aLtDX9l8ovo&list=PLswt2K44s-hbLjRz8rtj8FTC-3tZ55yzY
-----------------------------------------------------------------------------------------------------------------------------------
Follow me on all my social media's below:
email :team.nidhivlogs@gmail.com
Facebook: https://www.facebook.com/prettysimplenk/
Twitter : https://twitter.com/nidhikatiyar167
Instagram - https://www.instagram.com/nidhi.167/
Shop affordable Makeup here -
https://www.cuffsnlashes.com
------------------------------------------------------------------------------------------------------------------------------
Shop affordable Makeup here -
https://www.cuffsnlashes.com
Subscribe to my other channel 'Cuffs
Beauty Tips video | 13720 views
Styling Pakistani suit from @Meesho #shorts #meeshosuithaul #pakistanisuits #meeshokurti
Beauty Tips video | 1438 views
Barbie makeup- cut crease eye look - pink makeup for beginners #shorts #cutcrease #pinkeyelook Flat 25% off on Cuffs n Lashes entire range + free gift on all orders above 299
Cuffs n Lashes X Shystyles eyeshadow Palette - Seductress https://www.purplle.com/product/cuffs-n-lashes-x-shystyles-the-shystyles-palette-12-color-mini-palette-seductress
Cuffs n Lashes Eyelashes - Pink City - https://www.purplle.com/product/cuffs-n-lashes-5d-eyelashes-17-pink-city
Cuffs n Lashes Cover Pot - Nude - https://www.purplle.com/product/cuffs-n-lashes-cover-pots-nude
Cuffs n Lashes F021 Fat top brush - https://www.purplle.com/product/cuff-n-lashes-makeup-brushes-f-021-flat-top-kabuki-brush
Cuffs n Lashes x Shsytyeles Brush - https://www.purplle.com/product/cuffs-n-lashes-x-shystyles-makeup-brush-cs01-flat-shader-brush
Cuffs n Lashes Flat shader Brush E004 - https://www.purplle.com/product/cuff-n-lashes-makeup-brushes-e004-big-lat-brush
Barbie makeup- cut crease eye look - pink makeup for beginners #shorts #cutcrease #pinkeyelook
Beauty Tips video | 1582 views
Latte Makeup but with Indian touch #shorts #lattemakeup #viralmakeuphacks #viralmakeuptrends #makeup
Beauty Tips video | 1168 views
No Makeup vs No Makeup Makeup look #shorts #nomakeupmakeup #nofilter #naturalmakeup #everydaymakeup
Beauty Tips video | 1604 views
The Purplle I Heart Beauty Sale goes live on the 2nd of August!
BUY 1 GET 1 FREE on all mCaffeine products.
mCaffeine Cherry Affair - Coffee Face Mist - https://mlpl.link/INFIwj2Q
mCaffeine On The Go Coffee Body Stick - https://mlpl.link/INF3lvBa
Download the Purplle app here:
https://mlpl.link/JCCZ2INF
Subscribe to my Vlog Channel - Nidhi Katiyar Vlogs
https://www.youtube.com/channel/UCVgQXr1OwlxEKKhVPCTYlKg
-----------------------------------------------------------------------------------------------------------------------------
Watch My other Vlogs -
https://www.youtube.com/watch?v=ih_bKToLC3g&list=PLswt2K44s-hbKsvEBLEC5fHDkEp7Wwnpd
Watch My Disney Princess to Indian Wedding Series here - Its fun to watch Indian Avatar of Disney Princesses -
https://www.youtube.com/watch?v=lPkRbupcUB0&list=PLswt2K44s-haUOABjzzUOG2jwUh_Fpr96
Watch My Monotone Makeup Looks Here -
https://www.youtube.com/watch?v=WrpPx-_F1Yw&list=PLswt2K44s-hZOfXt-sSQlVe7C_vBOjsWQ
Love Affordable Makeup - Checkout What's new in Affordable -
https://www.youtube.com/watch?v=lowjaZ9kZcs&list=PLswt2K44s-hZcQ-tZUr7GzH0ymkV18U8o
Here is my Get UNREADY With Me -
https://www.youtube.com/watch?v=aLtDX9l8ovo&list=PLswt2K44s-hbLjRz8rtj8FTC-3tZ55yzY
-----------------------------------------------------------------------------------------------------------------------------------
Follow me on all my social media's below:
email :team.nidhivlogs@gmail.com
Facebook: https://www.facebook.com/prettysimplenk/
Twitter : https://twitter.com/nidhikatiyar167
Instagram - https://www.instagram.com/nidhi.167/
Shop affordable Makeup here -
https://www.cuffsnlashes.com
------------------------------------------------------------------------------------------------------------------------------
Shop affordable Makeup here -
https://www.cuffs
Beauty Tips video | 1334 views