Glimmer of hope amid long startups’ layoff season

Multiple rounds of layoffs across Indian startups have spooked employees, but there is sustained demand for tech talent and gig workers across sectors.
0 CLAPS
0

Hello Readers,

Startups in India have collectively fired some 6,000 employees over the past few months, and there is more to come. 

However, amid the chaos of the startup firing season, Software-as-a-Service (SaaS) startups and IT (information technology) companies are laying out plans to attract experienced talent.

“Job roles for full-stack engineers, data engineering, product management, and DevOps will continue to be in demand across IT companies, GCCs, and SaaS startups starting June as funding has been favourable for these businesses in the past couple of weeks,” Yeshab Giri, Chief Commercial Officer, Staffing and Randstad Professionals at Randstad India, tells Yourstory

As employees look beyond larger paychecks and rethink their career goals, will India’s Startup Inc manage to onboard tech talent? Read more


The Interview

As India leapfrogs among global economies, an increasing number of Indian unicorn and soonicorn startups are expanding their global footprint. 

In the latest episode of 'Scale to Succeed' roundtable series powered by HSBC, Disprz Co-founder and CEO Subramanian Viswanathan, Leverage Edu Founder and CEO Akshay Chaturvedi, and GoMechanic Co-founder Nitin Rana discuss the global ambitions of Indian startups.


Editor’s Pick: Women in Tech

As Vice President - TIBCO Delivery & MENA Services at Bahwan CyberTek, Bhuvaneswari Veerasamy is responsible for the overall business growth and profitability of the services' business team. She believes diversity ensures focus on the right talent, and fuels business performance. 

In an interview with HerStory, Bhuvaneswari charts her experiences in tech, current responsibilities, and why flexible working models should become the norm. Read more


Startup Spotlight

Strengthening healthcare supply chain

Talha Shaikh and Ashok Yadav started Biddano in 2016 as a B2C (business-to-consumer) pharmacy aggregator platform that helped customers get prescription drugs from nearby pharmacies within 45 minutes.

The team has now pivoted to a B2B (business-to-business) model, focused on organising the B2B healthcare supply chain in India. Read more.


News & Updates 


Before you go, stay inspired with… 

“Be sure to move quickly between prototypes to avoid getting too emotionally attached to it.”

Nathan Baird, Founder of innovation consultancy Methodry and author of Innovator's Playbook


Now get the Daily Capsule in your inbox. Subscribe to our newsletter today!

Latest

Updates from around the world