Business

Startups shed flab amid funding slowdown

Bengaluru: Startups are looking to prune costs amid tightening of larger-sized funding rounds. They are doing that by shedding staff.Over the past few weeks, more than 1,800 contractual and full-time employees have been fired from ed-tech firm Unacademy, social commerce startups Meesho and Trell, online learning platform Lido Learning and furniture rental startup Furlenco…

Published

3 years ago

April 28, 2022

Shrishti

Startups shed flab amid funding slowdown

Bengaluru: Startups are taking a peek to prune funds amid tightening of higher-sized funding rounds. They’re doing that by shedding workers.All the most effective design by design of the final few weeks, higher than 1,800 contractual and complete-time workers contain been fired from ed-tech agency Unacademy, social commerce startups Meesho and Trell, online finding out platform Lido Finding out and furniture condo startup Furlenco…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

2 years ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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