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layoffs: Layoffs at big internet firms keep staffers at startups on the edge

The new year has begun on a sombre note for people working in large and well-capitalised startups as companies like Swiggy, Flipkart, and Paytm are laying off a sizable chunk of their teams.

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RBI's major blow to Paytm; IT fresher hiring at record low

The Reserve Bank of India dealt Patym a severe blow, barring the listed fintechs payment bank from offering banking services after February. This and more in todays ETtech Morning Dispatch.

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Byju's Employees Concerned About Future Amid Turmoil At Edtech Firm

Byju's Employees Concerned About Future Amid Turmoil At Edtech Firm
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

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Cashify acquires UniShop to empower Indian mobile retailers

Cashify acquires UniShop to empower Indian mobile retailers
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.

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Cashify acquires retail solution platform UniShop to help mobile retailers build online presence

Cashify acquires retail solution platform UniShop to help mobile retailers build online presence
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Instamojo acquihires regional content platform Showman


Instamojo acquihires regional content platform Showman
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As part of the Instamojo-Showman deal, Showman’s co-founders CEO Kshitij Bhatawdekar and COO Rutveez Roopam Rout will join Instamojo as product manager and user research manager, respectively.
ETRealty
Bengaluru:Instamojo, a full-stack solutions provider for MSMEs, has announced its first ever acquihire of Bengaluru-based virtual theatre and vernacular content platform, Showman.
The acquihire will see the onboarding of the founding member team of Showman. Kshitij Bhatawdekar, co-founder and CEO, joins Instamojo as product manager, while Rutveez Roopam Rout, co-founder and COO, joins as user research manager.
“The acquihire of Showman is a first for Instamojo and comes at a time when we as a company are evolving to move to the next level. We are happy to have both Kshitij and Rutveez join our team, bringing to Instamojo their expertise and knowledge in the product and consumer space, along with their entrepreneurial spirit,” Akash Gehani, co-founder and COO, Instamojo, told ET.

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Instamojo acquihires vernacular content platform Showman

Instamojo acquihires vernacular content platform Showman
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

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Ecommerce analytics platform DataWeave acquihires Gurugram-based Sparrosense


Ecommerce analytics platform DataWeave acquihires Gurugram-based Sparrosense
Co-founded by IIT Delhi alumni Abhinav Gupta, Ankit Agarwal, and Ravikant Bhargava in 2019, Sparrosense is an AI-powered video analytics platform for shop-floor monitoring.
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DataWeave, a
Bengaluru-based ecommerce analytics platform that provides sales optimisation solutions to global omnichannel retailers, consumer brands and marketplaces, has acquihired
Sparrosense, a
Sparrosense’s Co-founder and CEO,
Abhinav Gupta, will join DataWeave and lead new strategic initiatives. The CTO,
Ankit Agarwal, will focus on building a scalable backend, while Chief AI Officer
Ravikant Bhargava will add strength to DataWeave’s AI, NLP, and computer vision initiatives.
“SparroSense teams’ rich experience of building a startup which offers AI-driven product platform to customers makes them an appropriate fit for DataWeave. We at DataWeave are looking at aggressively expanding our customer base and strengthening existing product offerings. SparroSense team will play a vital role in helping us achieve our goals in 2021 and the years to come,” said DataWeave Co-founder Karthik Bettadapura.

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