Basis recent news article and interview of the founder, the company is in talks for external funding. Has the founder money run out, he is also talking about ipo in 2 years.
They wanted to IPO back in 2022-23. But plans fell through.
And funding uthana isn't a sign of doing bad. It helps in better corporate governance, expanding network for vendors/clients etc, getting legitimacy from other investors.
currently SB's stake is at 98%. He wud obviously want it to be reduced and bring other good investor on board.
It’s a horrible company - constantly harassing customers. I hope it shuts down.
Nooooo
I've a few esops from them.
I wanna be rich 🤑
I have also been past the traumatic experience of being a Navi employee, where u r required to sell ur respect and dignity at the whims and fancies of a few.
I feel you.
Were they not profitable?
Dunzo, the hyperlocal and quick-commerce startup, has announced a fresh round of layoffs, impacting 150 employees. With a 75 per cent cut in its workforce, Dunzo will have just 50 employees in its core supply and marketplace teams, accor...
I'm not at BlinkIt anymore. It's just the truth anyway. When the tough gets going, it's the baniya businessmen who st...
Next in line are Zepto, and Blinkit
Q to employees working in startups..do you folks have visibility about the runway left for your startup?
And is your company actively looking to raise funds in this market?
Hi , this post is intended to be a disclaimer to anyone who is planning to join Yubi. A lot of things are happening here that show some signs of an impending layoff
