Company profiles, business models, unicorn journeys, case studies, and startup success and failure stories.
The majority of OnePlus's offline retail locations in India are about to close. A dramatic shift in the company's approach to the market has occurred as it adopts a direct-to-consumer (D2C) model based on doing business online. A number of partner-run exclusive stores around the nation
In order to focus on coding, reasoning, and enterprise AI solutions, OpenAI will shut down its Sora video app. In a change of focus toward core artificial intelligence technologies, OpenAI has announced on 24 March that it will shut down its Sora video-generation app. The business has promised to announce
The ICICI Prudential Life Insurance joint venture between Prudential and ICICI Bank is looking to be wound down. The listed insurer is majority-owned by ICICI Bank (50.95% stake) and has a 21.93% stake from Prudential Corporation Holdings Ltd, an indirect wholly owned subsidiary of Prudential Plc of the
Assiduus Global Inc., an AI-powered middleware infrastructure platform for global digital commerce, announced the close of its $25 million Pre-Series B funding round led by Bajaj Finserv, one of India’s largest and most diversified financial services groups. Since its previous round, the company has quadrupled revenue, tripled valuation, and
Cashfree Payments, a fintech unicorn, was fined INR 3.1 lakh by the Reserve Bank of India (RBI) for failing to adhere to payment aggregator (PA) and payment gateway (PG) regulations. The Reserve Bank of India (RBI) said in a statement that it had inspected Cashfree in accordance with its
The telecom subsidiary of Reliance Industries, Jio Platforms, is scheduled to submit the initial public offering (IPO) paperwork to the capital markets regulator in two or three weeks after finalising its draft red herring prospectus (DRHP). Jio will sell 2.5% of its shares in the initial public offering (IPO)
The illustrious Hard Rock Café's parent company, Hard Rock International, announced the termination of its partnership with JSM Corporation, an Indian franchisee, on March 16th. Consequently, ending business as usual at all locations. Sanjay Mahtani and Jay Singh's JSM Corporation brought the brand, which is widely
As the high-end retailer starts to shutter stores around the country, Saks Fifth Avenue will lay off over 1,200 workers. This is a pre-filing phase in the restructuring process that will take place after this year's Chapter 11 bankruptcy. Several WARN (Worker Adjustment and Retraining Notification) applications
Gold and silver prices in India witnessed a decline at the market close on 16 March 2026, reflecting cautious investor sentiment amid global uncertainties. 24K gold was trading around ₹15,742 per gram (₹1.57 lakh per 10g), while 22K gold was priced at ₹14,430 per gram. Silver was
The Indian edtech landscape, once a fertile ground for billion-dollar valuations and breakneck growth, is undergoing a seismic shift. The recent announcement of upGrad's acquisition of Unacademy in an all-stock deal is the most significant consolidation event to date, marking a dramatic reset for a sector grappling with
The Indian honey market is growing steadily as consumers increasingly prefer natural, organic, and health-focused products. The market was valued at around $449.8 million in 2024 and is projected to reach over $626 million by 2033, driven by rising awareness of wellness, sustainable farming, and beekeeping. At the same
On March 10, Minister of State (MoS) for Commerce Jitin Prasada informed Parliament that as of January 2026, over 6,700 startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) had closed their doors. Prasad stated in a written response presented to the Lok Sabha that
Boba Bhai, India’s largest omnichannel Bubble Tea and Korean street food brand, has raised ₹40 crore in a funding round led by existing investors 8i Ventures, Titan Capital Winners Fund and Global Growth Capital. The round also saw participation from new investors like BIG Capital and prominent angels. The
The information reports that Meta has temporarily shut down its Tel Aviv offices due to the continuing Israel-Iran hostilities. According to the reports, the IT company's decision will have an impact on some 900 employees in Tel Aviv. Employees were allegedly notified of the office closure in a
Mumbai has been hit the hardest so far. Industry groups say around 20% of hotels and restaurants in the city have temporarily shut because they cannot secure commercial LPG cylinders. According to the Hotel and Restaurant Association of Western India, many establishments ran out of cooking gas over the past
* Round also saw participation from Infynyte Club, Alok Soni, Yash Kotak, and a-IDEA NAARM * Funds raised to be strategically deployed for team expansion and market penetration, R&D, enhancement of Pashu.AI platform capabilities, and upgrading existing tech infra with Blockchain integration * The company has achieved 8X revenue growth
Depending on the outcome of the present volatile geopolitical climate, fintech giant PhonePe plans to launch its initial public offering (IPO) by next month. The public listing, which just includes an offer-for-sale component, is expected to garner between $900 million and $1.5 billion for the Bengaluru-based business. After receiving
Institutional deal worth ₹9.8 crore executed at ₹280 per share. Company valued at ₹716 crore by market capitalisation.
India’s fintech ecosystem is gearing up for another major public listing. Bengaluru-based fintech unicorn Moneyview has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company plans to raise INR 1,500 crore through
After a fierce bidding war, Paramount Skydance defeated Netflix and announced on February 27 that it will purchase Warner Bros. Discovery. The merged firm will be valued at $110 billion. This deal finally puts an end to the five-month bidding war and establishes a new entertainment giant. This merger will
Current and former workers of Anthropic will be able to sell stock at a valuation of roughly $350 billion through a secondary share sale that the company is initiating. To avoid going public, this is the next logical step in providing liquidity. An investment of $5 billion to $6 billion
In April 2026, Meta will terminate Messenger.com. As a result, Facebook is bringing back browser-based texting and dismantling Messenger's standalone web presence. Alerts that appear in the Messenger app and on the website are already informing users. Meta has announced that as of April 2026, messenger.com
India’s startup ecosystem continued to see steady capital inflows across AI, deeptech, career access, consumer brands, and recruitment tech. From Shark Tank India-backed consumer plays to multi-million dollar AI rounds, today’s funding activity highlights strong investor appetite across early and growth stages. Here’s your detailed roundup. Daily
Artociti, India’s leading mass-premium luxury 3D wall art and manufacturing brand, has raised ₹1 crore for a 7.5% equity stake at a valuation of ₹13.33 crore on Shark Tank India. The funding comes from renowned investors Namita Thapar, Executive Director of Emcure Pharmaceuticals, and Vineeta Singh, Co-founder
Fractal Analytics, one of India’s best-known artificial intelligence and advanced analytics companies, made a muted stock market debut on 16 February 2026, with its shares listing below the IPO price on the major exchanges. On the National Stock Exchange (NSE), shares opened at ₹876, reflecting a 2.67% discount
USV Pharma has entered a major deal to acquire a 79% stake in Wellbeing Nutrition, one of India’s fastest-growing direct-to-consumer (D2C) supplement brands. The all-cash transaction values the company at INR 1,583 crore and marks one of the largest exits in the health and wellness startup space to
The marketing department of Barclays is getting ready to relocate from London to India. As the bank seeks to reduce expenses and increase its utilisation of artificial intelligence, this change could threaten the employment of as many as fifty people. The in-house advertising business of the British lender will be
RailTel Corporation of India Limited, a Navratna public sector telecom and digital infrastructure provider, has secured a major contract from West Central Railway, boosting its share price. The order, valued at around INR 454.95 crore, was announced on 9 February 2026 and is expected to be completed by 24
Edtech company PhysicsWallah reported a strong set of financial results for the third quarter of FY26, showing solid growth in both revenue and profitability. The Noida-based education platform, which went public in November 2025, continues to strengthen its position in India’s competitive online and offline education market. For the
Good Monk, the flagship brand of Superfoods Valley, is a Bengaluru based start-up, that is founded with a mission to make nutrition a daily habit by making it convenient, effective, and by seamlessly becoming a part of daily food without changing the taste of food. It has now raised INR
Juleo, an online matchmaking platform, has ceased operations. After failing to get additional funding, the startup's cofounder Varun Sud announced on LinkedIn that the company is "pausing" its services. Sud boasted that the company had created a fraud-proof AI matchmaker, identified the product-market fit, and helped
Marine Robotics start-up EyeROV (IROV Technologies Pvt. Ltd.) has raised Rs 13 crore in a pre-Series A round co-invested by AWE Funds and Unicorn India Ventures. Funds raised will be used to accelerate research and development, drive new product innovation, and support market expansion across India and global markets. Founded
India's online pharmacy market was valued at $3.71 billion in 2025 and is projected to reach $14.08 billion by 2034, growing at a CAGR of 15.98% from 2026 to 2034. Truemeds is an Indian e‑pharmacy and telehealth platform focused on making essential medicines affordable
Elon Musk is signalling a change of guard within his corporate empire with his intention to merge SpaceX with his money-burning artificial intelligence startup xAI. Musk owes a great deal of his fame and fortune to Tesla. However, after the merger on 2 February, SpaceX's reported private market
Cava Athleisure, a fast-growing Indian everyday-wear brand built with a function-first approach, has raised INR 40 crore in its Series A funding round. The round was led by Sharrp Ventures, the consumer-focused investment firm, which invested INR 21 crore, with participation from V3 Ventures (founded by Arjun Vaidya, an early
In a major inflection point that could alter the country’s filmmaking technology and increase the market share of Indian production ventures on a global scale, TakeTwo, an AI-native film studio specialising in high-end visual storytelling, has announced that it has secured fresh capital at a Rs. 100 crore valuation
The Guild (formerly known as EtherealX), a space tech startup building the world’s first fully reusable medium-lift rocket, has secured a total of $20.5 million. The Guild received their Series A funding from TDK Ventures and BIG Capital, with participation from Accel, Prosus, Yournest, Campus Fund, BlueHill, and
A ban on bike taxi services functioning throughout the state was overturned by a division bench of the Karnataka High Court. Hence, allowing app-based two-wheeler transport platforms to reopen. Chief Justice Vibhu Bakru and Justice CM Joshi overturned a one-judge bench decision on 23 January that had earlier supported the
On January 21, Ubisoft revealed a reorganisation initiative that has led to the cancellation of up to six games, studio closures, and the division of its business into five "Creative Houses". After years of development, Ubisoft has thrown Prince of Persia: The Sands of Time Remake into the
In a deal to be disclosed on January 20, private equity firm Everstone would sell its whole 11.26% ownership in Burger King's franchisee Restaurant Brands Asia in India and Indonesia. According to Refinitiv statistics, Everstone Capital's shareholding, through its investment vehicle QSR Asia Pte Ltd,
Vikram Chopra, CEO and cofounder of CARS24, stated that the company hopes to go public in the next six to twelve months amid the current startup IPO boom. In order to support its attempt to break into the $200 billion used car industry, Chopra emphasised notable improvements in the startup&
Accel-backed startup Pync has ceased operations because to growing competition in the quick home services market. According to a statement from rival Snabbit, Pync's three cofounders—Harsh Prateek, Mayank Sahu, and Dev Priyam—have recently joined the company. All three co-founders have joined in at senior positions spanning
Indian AI-first fashion startup Alle has officially shut down after operating for around two and a half years. The update was shared by co-founder Prateek Agarwal in a LinkedIn post, where he confirmed that the decision to close the company was taken in October 2025 after multiple attempts to find
India’s startup ecosystem continued to see steady funding activity on 8th January 2026, with capital flowing across industrial AI, consumer brands, fintech, entertainment, and enterprise AI services. Industrial AI startup Spector.ai led the day with a INR 58 crore raise, while Nitro Commerce and &Done secured significant
Articul8 AI surpasses $500 million Valuation in Under Two Years; Strong Investor Demand Drives Final Strategic Tranche to close in Q1 2026.
India’s HRTech sector is growing fast as companies shift to digital tools for hiring, payroll, employee engagement and workforce management. According to an IMARC Group report, in 2024, the Indian HR technology market was valued at around $1,120 million and is expected to reach nearly $2,300 million
As the digital powerhouse speeds up attempts to incorporate cutting-edge AI throughout its platforms, Meta announced on December 29 that it will buy Chinese-founded artificial intelligence firm Manus. The Singapore-based company is valued at between $2 billion and $3 billion, according to a report by Reuters, although the financial details
India’s startup and business ecosystem witnessed a mix of funding activity and strategic corporate developments on December 24, 2025. Healthtech and alternative finance remained in focus as Sensa Core Medical Instrumentation secured a USD 72 million investment from Motilal Oswal Alternates, while Anicut Capital successfully closed its third private
Even though the deal involves equity dilution that is still EPS-accretive for current Ambuja shareholders, Ambuja Cements' decision to combine ACC and Orient Cement into itself represents a structural reset of the Adani Group's cement empire, creating a single "one cement platform" with sharper operating
Telegram is a messaging app with over 1 billion users and a $30+ billion valuation. Amazingly, its core team is only about 30 people. There is no big campus and no HR department – just a flat, global team led by founder Pavel Durov. How can a tiny team power a
Coinbase Global Inc.'s proposal to purchase a minority share in DCX Global Ltd., the company that controls the brand, technology, and intellectual property of cryptocurrency unicorn CoinDCX, has been accepted by the Competition Commission of India (CCI). Coinbase, a US-based company, has lately extended its operations to India
Climate tech startup, Aurassure that delivers real-time, hyperlocal visibility into environmental risks for enterprises operating in increasingly volatile climates, has raised Rs 25 Crore in Pre-Series A led by Rainmatter by Zerodha and Unicorn India Ventures. The round also saw participation from Maithan Alloys Limited. The funds raised will be
Following predictions that his SpaceX firm was expected to go public at a valuation of $800 billion, Forbes reported on December 15 that Elon Musk became the first individual ever worth $600 billion. According to a Reuters article last week, Musk, who became the first person to reach $500 billion
SpinItUp, India's first interactive music commerce platform that lets club-goers pay to request their favorite songs during live DJ sets, today announced that it has secured INR 50 Lakh in pre-seed funding from Zee TV Ideabaaz Titans; Jimmy Mistry (Della Adventure Resorts), Anupam Bansal (Liberty Shoes) and Archana
Sales managers open spreadsheets each Monday to reassign territories after a rep quits, a merger closes, or customer lists expand past what current zones can handle. Someone pulls census data from one platform, route distances from another, and account values from the CRM. By Wednesday, the new map is ready.
Following regulatory approvals, the $375 million purchase of HARMAN's Digital Transformation Solutions (DTS) business unit by IT services provider Wipro was finalised on 2 December, the firm announced. According to a statement from the Bengaluru-based IT company, the DTS acquisition was announced on August 21, 2025, and if
The profits for the Meesho founders and early investors are as big as 10,000x, so who is getting how much? Learn more.
In a significant legal decision, a US bankruptcy court in Delaware has entered a default judgement against Byju Raveendran, founder of the ed-tech firm Byju’s, ordering him to pay more than $1.07 billion. The ruling comes after the court found that Mr Raveendran repeatedly failed to comply with
Agnikul Cosmos, India’s pioneering space-tech company building the world’s first single-piece 3D-printed rocket engines and end to end space transportation solutions, today announced that it has raised ~₹150 crore (US$17 million) in a fresh funding round at a $500 million valuation. The round saw participation from family
The knowledge base software industry is expanding, with market revenue valued at $1.43 billion in 2024 and projected to reach $4.56 billion by 2033, at a CAGR of 14.2% from 2026 to 2033. Businesses today are looking for smarter ways to manage product documentation, SOPs, and internal
Event Planet Technologies, a global event and wedding aggregator platform founded in 2024, has raised $250,000 in angel funding from USA-based serial investor and NRI, Mr. Virendra Prasad, valuing the company at ₹30 crore. The investment will drive Event Planet’s next phase of growth as it expands into
HDFC Asset Management Company Limited (HDFC AMC), Investment Manager to HDFC Mutual Fund, has announced the launch of the HDFC BSE India Sector Leaders Index Fund, an open-ended scheme replicating the BSE India Sector Leaders Index (TRI). The New Fund Offer (NFO) opens on 7th November 2025 and closes on
According to various media reports, CarTrade Tech is planning to buy CarDekho (Girnar Software Pvt. Ltd.) in a significant consolidation move in India's online car industry. The sale is in early stages and is anticipated to be structured as a cash-and-stock transaction, according to a report by CNBC-TV18.
Physics Wallah, an edtech unicorn, announced on 10 November that it has secured INR 1,563 crore from anchor investors, one day before its initial public offering (IPO) opened. This will be the nation's first significant pure-play edtech company to list on an initial public offering (IPO). A
Physics Wallah Ltd., an education technology company supported by WestBridge, announced its IPO price range of INR 103–109 per share, propelling its founders, Alakh Pandey and Prateek Boob, into the billionaire ranks. The company's highest valuation is INR 31,170 crore. Pandey and Boob each own 105.
On 31 October, Hindustan Unilever disclosed that company has received a sizable tax notice totalling INR 1986 crore. The UK-based company's Indian division claimed that the Income Tax Department had questioned certain of its tax-related depreciation claims and contested the valuation of several related-party transactions. The business, which
Pluro is redefining fertility care by partnering with top IVF specialists to offer a world-class, tech-driven “couple-first” experience. Pluro Fertility and IVF, a healthcare partnership platform, has raised ₹125 crore in a Series A funding round led by Bessemer Venture Partners, valuing the company at ₹1,000 crore. The funding
With a strong rally that has solidified its position at the forefront of the artificial intelligence boom, Nvidia was poised to make history on 29 October by becoming the first business to reach $5 trillion in market value. After CEO Jensen Huang revealed plans to create seven supercomputers for the
* Funds raised will be used for future growth, marketing & supporting the acquisition of Teleport * SMV recently acquired Kunal Shah-backed Teleport to grow its operations in South India * The fund raise also comes on the back of critical milestones achieved by the company, with a 4X growth in revenues and
The Indian commercial interior design and office fit-out sector is expanding rapidly, valued at INR 277 billion in 2023 and projected to grow to INR 805 billion by 2030 at a CAGR of 16.5%. FocusOn Interiors provides end-to-end turnkey solutions, bridging the gap between design and execution through structured
For booking flights, buses, trains, and hotels, Rapido has partnered with Goibibo, owned by MakeMyTrip; ConfirmTkt, owned by ixigo; and redBus. Rapido aims to become a one-stop travel app, offering its 5 Cr active users from more than 400 cities nationwide a smooth mobility experience. Prior to a possible initial
Following the US government's shutdown on October 1st due to Congress's failure to adopt a budget or temporary funding package, NASA ceased the majority of its operations. NASA is “closed” until further notice, according to a notification on the agency’s website. The closure comes as
After 4.5 years of operation, the fintech startup Niro, which assisted consumer internet platforms in offering embedded credit products, has closed. Investors like Elevar Equity, GMO Venture Partners, Rebright Partners, Mitsui Sumitomo Insurance VC, Innoven Capital, Alteria Capital, and CRED founder Kunal Shah supported the Bengaluru-based company, which was
India’s startup and business ecosystem witnessed several significant developments on 6th October 2025. From major funding deals to strategic business moves, here’s a quick roundup of the top stories shaping the market today. Highlights include JSW One Platforms securing INR 575 crore to expand its B2B e-commerce operations,
Mumbai-based fintech firm Raise Financial Services, the parent company of stock trading platform Dhan, has officially entered the unicorn club following a Series B funding round of $120 million. The investment was led by Hornbill Capital and included participation from MUFG, BEENEXT, and notable investors such as Ramesh Damani, DSP
Through a block sale valued at INR 950 Cr (about $114 million), Flipkart Investments, the investment vehicle of the e-commerce powerhouse Flipkart, is reportedly diluting its whole 6% stake in Aditya Birla Lifestyle Brands Ltd (ABLBL). Flipkart plans to sell 7.3 Cr shares at a base price of INR
Goldman Sachs has sold over 1 crore shares of Eternal Limited, the parent company of Zomato, in a block deal valued at INR 355.32 crore. The shares were sold at INR 329 each, matching the closing price from the previous Wednesday. BofA Securities Europe SA acquired the entire stake,
Spinny's revenue grew 25% to INR 4,657 crore in FY25, while net losses fell to INR 424 crore. The used-car unicorn improved margins, reduced expenses, and strengthened its path toward breakeven amid a challenging market.
The UK government will support Jaguar Land Rover with a £1.5 billion ($2 billion) loan to alleviate the burden on suppliers caused by the automaker's production stop, which was brought on by a cyberattack. The government announced on 27 September that the loan, which will be given
Oversubscribed 3.5X, the fund signals confidence in India’s startup ecosystem at a time of global venture slowdown, with strong founder-LP backing, global institutional participation, and a fast, conviction-led investment model. Zeropearl VC, India’s leading solo GP-led pre-seed and seed venture fund, today announced the final close of
Edtech unicorn PhysicsWallah (PW) is ramping up its offline presence in India and select overseas markets, as it prepares to hit the capital markets with a fresh equity issue of ₹3,100 crore and an offer for sale (OFS) of ₹720 crore. As of March 31, 2025, the company operated
IPO Subscription Opens on 30th September and Closes on 3rd October Zelio E-Mobility, a rapidly expanding electric two and three-wheeler manufacturer that has been doubling its growth year-over-year, today announced its ₹78 crore SME IPO - a move that signals not just expansion, but a bold declaration of intent in
Physics Wallah, most popularly known as PW, has become a familiar name in India’s EdTech domain. It all started in 2016 as a YouTube channel by Alakh Pandey, sharing physics lessons, and has today grown into a unicorn company. These days, millions of students now rely on PW for
In an effort to establish the nation's first international phone brand, London-based smartphone manufacturer Nothing, which is well-known for its transparent device designs, is increasing investments in India and focusing on young people in the most populous country in the world. On September 25, the unicorn firm revealed
Zealthix, a comprehensive SaaS based Healthcare platform has raised USD 1.1 Million in a seed round led by Unicorn India Ventures with participation from AlphaGen Venture Capital. Funds raised will be used for expansion and revenue growth. Additionally, a sizable portion will also be invested in making technology more
Technological growth and affordable equipment have devised a new scheme of learning in this modern world. They have refreshed our education system and made learning easy, simple, and interesting. This change in the system seems so quick that, shortly, students might no longer carry books and will have the option
Groww, an online investing platform, has submitted a revised draft prospectus for an IPO of INR 6,000–7,000 crore to the Securities and Exchange Board of India (SEBI). The transaction would consist of an offer for sale (OFS) of 574 million shares valued at about INR 5,000–
Following India's complete prohibition on real-money gambling (RMG), Bharti Airtel scion Kavin Bharti Mittal is closing his 13-year-old firm Hike. In order to concentrate on international markets, including the US, UK, and Australia, Mittal had already announced ambitions to leave India. In a statement on the mailing platform
After failing to agree on a valuation, the family office of billionaire Sunil Mittal has pulled out of talks to buy a 49% share in Haier Appliances (India). The Chinese parent business of Haier India, Haier Group, was looking for a valuation of roughly $2 billion (INR 17,100 crore)
According to the Hurun Global Unicorn Index 2025, the number of privately held unicorns worldwide has increased by 70 from the previous year to a record 1,523 companies valued at over $1 billion each. India now boasts 73 unicorns in 2025, up from just one in 2011, securing its
The valuation of Anthropic reaches $183 billion, becoming one of the world's most valuable AI companies. It plans to put money in...
In the 1990s, if you had seen anyone pull out a camera at a family gathering or weddings, chances are you had a roll of Kodak film inside it. This brand used to be a part of people’s lives. But here comes the plot twist: Kodak is the company
Nike, Inc. is an American multinational business that designs, develops, manufactures, markets, and sells footwear, apparel, equipment, accessories, and services on a global scale. Nike is a major player in the athletic world. The company pulled in revenue of over US$51.6 billion in its 2023 fiscal year and
The four-year journey that once promised to revolutionise India's pre-owned two-wheeler business has come to an end with the closure of Bengaluru-based Beepkart. According to a statement posted on the startup's website, BeepKart is still totally dedicated to helping its current clients. We appreciate your participation
Cohere's valuation reaches $6.8 billion and hires former Meta AI talent Joelle Pineau to lead Cohere Labs in the research domain. Learn more.
Upon announcing that GoAir would be rebranded as Go First in 2021, the majority contended that the company was planning to launch something new. It felt like they were hitting the reset button by introducing a new name, fresh look, and a new game plan to take on the big
Fractal is looking to raise $560 million (₹4,900 crore) through its IPO, and here’s what you need to know.
Aims to strengthen product innovation, expand offline retail and double down on tech and marketing RENÉE Cosmetics, one of India’s fastest-growing beauty brands, has raised $30Mn in a new funding round, at a valuation $200Mn. The round was led by Playbook with secondaries from Midas, including a mix of
The Pre-Series A Funding Marks Transition from Breakthrough Research to Prototyping, Validates LENR as a Scalable Clean Energy Alternative HYLENR, a clean energy startup harnessing patented Low Energy Nuclear Reactions (LENR) to develop scalable, carbon-free heat energy systems for industrial heat and power, today announced the successful closure of around
As part of a significant restructuring of its audio division, Amazon is closing its Wondery podcast studio and laying off some 110 employees, according to Bloomberg News. In light of industry-wide difficulties, the move represents the tech giant's strategic shift away from its initial podcasting goals. As current