Profit

Layoff Season For India's Start-up Ecosystem? Industry Experts Answer

PUBLISHED ON: March 10, 2017 | Duration: 20 min, 18 sec

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2015 marked the boom of India's start-up ecosystem, and job creation was an expectation that most in the industry had. However, since August 2016, this ecosystem has handed out over 9,000 pink slips, according to a report by Xeler8, with companies like Snapdeal, Stayzilla, Ola, Housing.com, Askme.com and more joining the list. A FICCI report predicts that India will need to create 100 million jobs over the next decade for people entering the job market. So will start-ups be able to contribute to this job creation? And what does this mean for the future of India's entrepreneurs? Join us as we assemble a panel of experts from Mobikwik, Housing.com, NASSCOM and TeamLease to decode these layoffs, only on Heads Up.
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