Indian Unicorns, Youtube, Amazon, Apple, Nissan, RBI, Elon Musk, Adobe, etc.

Vaishali Sharma
March 27, 2024

Indian Unicorns Buck the Trend: Talent Growth Amidst Funding Freeze

Despite a funding crunch, top Indian unicorns like BigBasket, Delhivery, and Zomato continued to hire, showing a net increase in talent.
Over 12 months, these 15 unicorns saw a net headcount growth of 25,000, indicating strong talent retention.
A significant portion of the talent exchange occurred within these top unicorns, showcasing a vibrant internal job market.
Experts view this trend as a sign of the resilience and attractiveness of the startup sector to high-quality talent.
The sector's slowdown allowed these companies to optimize their workforce and maintain a focus on top talent.
The movement of senior executives within the startup ecosystem suggests a preference for the dynamic environment of startups over traditional sectors.

AI-Powered Mapping: How Vibrant Planet Fights Wildfires and Climate Change

Forest area burned by wildfires increased by 320% from 1996 to 2021.
Vibrant Planet offers a digital, AI-based land mapping solution to improve climate resilience.
The platform aids in better land management and preparation for climate incidents.
Shift from paper to digital maps enables real-time, collaborative planning.
Allows testing of various land treatments to find the best resilience plans.
Founder Allison Wolff emphasized the urgency and necessity of this technology for wildfire and nature resilience.

Nissan Plans to Boost Car Sales by 1 Million Units Over Three Years.
Tata Electronics Chairman Urges India to Intensify Electronics Manufacturing Efforts.
RBI Grants Payment Aggregator Licenses to Innoviti Payments and Concerto Software.
Under-Construction Real Estate Prices Skyrocket by 30.6% in First Quarter.
Engineering Exports to Russia Soar to $1.22 Billion, While US Shipments Decline.
Angel One’s New QIP Launch: Floor Price Set at Rs 2,555.
$200 Million Boost for NTPC Through Japanese Loan Partnership.
Standard Chartered May Liquidate Its 7.18% CDSL Stake for $151 Million.
YouTube’s Big Clean-Up: 2.2 Million Indian Videos Deleted for Norm Breaches.
Amazon Fined Rs 35,000 by Consumer Commission for Retail Violations.

Global Companies to Face Higher Costs as WhatsApp Ends Cheap OTP Offering.
Pavan Davuluri, IIT Madras Grad, Named Head of Microsoft Windows and Surface.
TikTok Faces US FTC Action: Possible Lawsuit or Settlement on Privacy Concerns.
EU Sets Election Security Standards for Social Media and Digital Services Act Entities.
Amazon Rolls Out Same-Day Prescription Deliveries in New York, Los Angeles.
Save the Date: Apple’s Worldwide Developers Conference Begins June 10.
Ericsson Announces 1,200 Layoffs in Sweden.
Vodafone Germany Plans to Eliminate 2,000 Jobs in Company Overhaul.