Start-up Companies
- All
- News
- Videos
-
"Byju's Worth Zero," Says Founder Of India's Once Biggest Startup
Byju Raveendran, the founder of what was once India's biggest start-up, Byju's, said he overestimated the growth potential of his education-technology company which is now "worth zero" as it faces insolvency, but remains hopeful of rescuing it.
-
AI Chatbot Startup Character.AI Lays Off At Least 5% Of Its Staff: Report
Chatbot startup Character.AI laid off at least 5% of its staff, The Information reported on Thursday, citing a person briefed by company leaders.
-
Reflect Orbital Plans to ‘Sell Sunlight’ at Night With the Help of Satellite Mirrors
A California-based start-up, Reflect Orbital, has announced an innovative plan that could significantly enhance global energy consumption by providing sunlight after sunset. The company, led by company's CEO Ben Nowack, plans to redirect sunlight onto Earth's solar panels during the night, effectively "selling sunlight" on demand. This innovative i...
-
Byju's Faces Insolvency Proceedings For Failure To Pay BCCI Rs 158.9 Crore
Edtech company Byju's, which was once India's most valuable start-up worth an estimated USD 22 billion, will face insolvency proceedings for failure to pay Rs 158.9 crore to cricket board BCCI.
-
Goa Apartment Building, Where CEO Allegedly Killed Son, Closed For Visitors
Bengaluru CEO Suchana Seth: The building that houses several service apartments at Candolim in North Goa on Tuesday prohibited outsiders from entering the premises after a start-up company's CEO allegedly killed her four-year-old son.
-
Microsoft-Backed OpenAI Acquires Start-Up Global Illumination to Work on ChatGPT, Other Core Products
OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first known acquisition by the storied artificial intelligence firm. Financial details of the deal were not disclosed.
-
Hike Lays Off Over One-Fifth of Workforce Due to GST Raise on Online Gaming
Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people — more than one-fifth of its total workforce — to absorb the impact of the GST hike on online gaming, a top company official said on Thursday. The entire team of Hike is engaged in the development of Web3 gaming platform ‘Rush Gaming Universe’.
-
Adobe, Figma $20 Billion Deal to Face Full-Scale EU Antitrust Probe After Preliminary Review
Adobe's $20 billion (roughly Rs. 1,63,400 crore) bid for cloud-based designer platform Figma will reportedly face a full-scale EU antitrust investigation following EU regulators' preliminary review. The move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.
-
Meta to Release Open Source AI Model, Llama, to Compete Against OpenAI, Google’s Bard
Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a powerful free-of-charge alternative to pricey proprietary models sold by OpenAI and Google.
-
Start-Up CEO Receives 3,000 Resumes In 48 Hours: "How Bad Is The Job Market?"
Springworks founder and CEO Kartik Mandaville also said that job postings were not promoted on any platform and only available on company website.
-
Chingari Lays Off 20 Percent of Its Workforce as Part of Organisation Restructuring
Chingari has laid off around 60 employees as part of its restructuring plan, the company said on Tuesday. The short-video-based social media app has laid off only 20 percent of its workforce. The Chingari spokesperson said that the company as part of severance package is offering two months' salary to the impacted employees to assist them during th...
-
Finnish Start-Up Creates Revolutionary Protein Made From "Thin Air"
Solein is a vegan protein made using different natural elements. Find out more about this latest breakthrough in food technology.
-
Indian Clothing And Fashion Start-Up Meesho Lays Off 15% Of Its Employees
E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to cut costs and as part of its efforts to achieve profitability, a top company official said on Friday.
-
Israeli Start-Up Creates World's First 3D-Printed Fish Fillet - See Pic
The company, named Steakholder Foods, states that they are growing fish fillets in laboratory, using cells of grouper fish.
-
Japan Lunar Lander Likely Crashed On Moon: Company
An attempt by Japanese start-up ispace to become the first private firm to put a lander on the Moon has ended in failure, the company said Wednesday.
-
"Byju's Worth Zero," Says Founder Of India's Once Biggest Startup
Byju Raveendran, the founder of what was once India's biggest start-up, Byju's, said he overestimated the growth potential of his education-technology company which is now "worth zero" as it faces insolvency, but remains hopeful of rescuing it.
-
AI Chatbot Startup Character.AI Lays Off At Least 5% Of Its Staff: Report
Chatbot startup Character.AI laid off at least 5% of its staff, The Information reported on Thursday, citing a person briefed by company leaders.
-
Reflect Orbital Plans to ‘Sell Sunlight’ at Night With the Help of Satellite Mirrors
A California-based start-up, Reflect Orbital, has announced an innovative plan that could significantly enhance global energy consumption by providing sunlight after sunset. The company, led by company's CEO Ben Nowack, plans to redirect sunlight onto Earth's solar panels during the night, effectively "selling sunlight" on demand. This innovative i...
-
Byju's Faces Insolvency Proceedings For Failure To Pay BCCI Rs 158.9 Crore
Edtech company Byju's, which was once India's most valuable start-up worth an estimated USD 22 billion, will face insolvency proceedings for failure to pay Rs 158.9 crore to cricket board BCCI.
-
Goa Apartment Building, Where CEO Allegedly Killed Son, Closed For Visitors
Bengaluru CEO Suchana Seth: The building that houses several service apartments at Candolim in North Goa on Tuesday prohibited outsiders from entering the premises after a start-up company's CEO allegedly killed her four-year-old son.
-
Microsoft-Backed OpenAI Acquires Start-Up Global Illumination to Work on ChatGPT, Other Core Products
OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first known acquisition by the storied artificial intelligence firm. Financial details of the deal were not disclosed.
-
Hike Lays Off Over One-Fifth of Workforce Due to GST Raise on Online Gaming
Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people — more than one-fifth of its total workforce — to absorb the impact of the GST hike on online gaming, a top company official said on Thursday. The entire team of Hike is engaged in the development of Web3 gaming platform ‘Rush Gaming Universe’.
-
Adobe, Figma $20 Billion Deal to Face Full-Scale EU Antitrust Probe After Preliminary Review
Adobe's $20 billion (roughly Rs. 1,63,400 crore) bid for cloud-based designer platform Figma will reportedly face a full-scale EU antitrust investigation following EU regulators' preliminary review. The move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.
-
Meta to Release Open Source AI Model, Llama, to Compete Against OpenAI, Google’s Bard
Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a powerful free-of-charge alternative to pricey proprietary models sold by OpenAI and Google.
-
Start-Up CEO Receives 3,000 Resumes In 48 Hours: "How Bad Is The Job Market?"
Springworks founder and CEO Kartik Mandaville also said that job postings were not promoted on any platform and only available on company website.
-
Chingari Lays Off 20 Percent of Its Workforce as Part of Organisation Restructuring
Chingari has laid off around 60 employees as part of its restructuring plan, the company said on Tuesday. The short-video-based social media app has laid off only 20 percent of its workforce. The Chingari spokesperson said that the company as part of severance package is offering two months' salary to the impacted employees to assist them during th...
-
Finnish Start-Up Creates Revolutionary Protein Made From "Thin Air"
Solein is a vegan protein made using different natural elements. Find out more about this latest breakthrough in food technology.
-
Indian Clothing And Fashion Start-Up Meesho Lays Off 15% Of Its Employees
E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to cut costs and as part of its efforts to achieve profitability, a top company official said on Friday.
-
Israeli Start-Up Creates World's First 3D-Printed Fish Fillet - See Pic
The company, named Steakholder Foods, states that they are growing fish fillets in laboratory, using cells of grouper fish.
-
Japan Lunar Lander Likely Crashed On Moon: Company
An attempt by Japanese start-up ispace to become the first private firm to put a lander on the Moon has ended in failure, the company said Wednesday.
