Dunzo, a hyperlocal delivery startup in India, is postponing employee salaries for a month and plans a new wave of layoff as the Google and Reliance Retail-backed startup pares its […]
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Back to news homeReliance JioMart to cut 11,000 jobs, report says
JioMart, Reliance Retail’s online shopping platform, has laid off over 1,000 employees and plans to cut as many as 9,900 more roles over the coming weeks, according to a report, […]
Reliance buys 23.3% stake in US-based AI firm Exyn
Reliance has backed Philadelphia-based AI and robotics startup Exyn, the Indian conglomerate disclosed in a stock exchange filing on Thursday, making further inroads in startups globally. Reliance Strategic Business Ventures, […]
Reliance to hive off and list Jio Financial Services
Indian conglomerate Reliance will spin off and list its financial services, a move that it said will allow the oil-to-telecom giant to enter and expand into financial services such as […]
Does venture capital need a shot in the arm?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Alex was back with Grace and our new producer Theresa […]
Reliance says its $3.4 billion deal with Future Group ‘cannot be implemented’
Reliance Industries “cannot implement” its $3.4 billion deal to acquire parts of retail chain Future Group after the latter’s secured creditors rejected the offer earlier this week, India’s most valuable […]