Snapdeal layoffs: In the works for months, but kept out of employees’ sight

Snapdeal_by-Junaid2For employees of India’s third-largest e-commerce firm Snapdeal, the last couple of weeks have been stressful, to put it mildly. The tension is palpable, with the HR calling everyone for a one-on-one session, a meeting that will decide whether they are headed towards the exit door or will manage to hold on to their job. […]

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Exclusive: Online rental marketplace WhatsOnRent shuts shop; returns 50% funding

the-end-1544913_1920Online rental marketplace WhatsOnRent.com, run by Weblevered Technology Pvt. Ltd, has shut down its operations, amidst an inability to raise the next round of funding and a realisation that the business model may not work. “The shutdown was a conscious business decision,” WhatsOnRent co-founder Bharat Goyal told Techcircle. He further added that the company returned […]

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