Startup news and updates: Daily roundup (May 31, 2024)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Friday, May 31, 2024.
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YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Friday, May 31, 2024.
Scaler laid off 150 staffers in Bengaluru for long-term growth and sustainability. It aims for annual profitability after achieving positive cash flow in 2023 and profitability in the July-September quarter.
Scaler Academy said its operational revenue rose to Rs 316.7 crore in the financial year ended March 2023, from Rs 65.6 crore a year earlier. Total expenses at the firm went up to Rs 654.6 crore, significantly pushed up by employee expenses of Rs 322.07 crore and other expenses of Rs 316.93 crore.
Scaler School of Technology offers a 4-year residential undergraduate program in computer science that provides students with a competitive edge.
SST boasts an industry-driven curriculum crafted with the active involvement of industry leaders. The faculty is composed of seasoned professionals from leading tech companies, providing a blend of theoretical knowledge and hands-on application.