Tredence Announces Second ESOP Buyback Worth $30 Million
According to an official statement by the company, the buyback will include over 270 employees globally
According to an official statement by the company, the buyback will include over 270 employees globally
A sign I received as a gift has shown me how to chart my own path.
The fund raised will be used to build a proprietary battery tech platform to address issues around end-of-life battery value, amid global concerns around EV batteries and e-waste
The fund raised will be used to reinforce the technology stack, improve the platform, and make greater use of data stacks, as well as to expand the team and operations
The fund raised will be used for accelerating innovation and expanding go-to-market efforts for the Data Observability Platform
The company plans to utilize the seed capital to expand the operating geographies in India and beyond in the next 24 months, majorly to set up decentralized material recovery centres
The platform plans to use the funding to scale its personalized advisory-driven e-commerce offerings through Krushidukan, a one-stop shop for agricultural inputs
The pilot project started on December 1 has witnessed 7.70 lakh transactions, and is now being carried out in five cities
The layoff decision was announced right after the company's announcement of recent quarterly earnings, while the company also revealed its plan to reorganize the work structure and slash jobs to reduce cost
In 2023, investors will look at how differentiated startups are, their scalability and ability to grow and how they are reducing cash burns