Innoviti payment solutions - a fintech company also in same umbrella. Founder Rajeev Agrawal is under investigation for misappropriation of funds and fudging the company books . Board of directors and VC funds Bessemer venture partners and FMO Netherlands that have invested in the company  are investigating the founder

friend, could you write to me please on the email ID above?

Software Engineer

Project Manager

GoMechanic Hi  i'm a reporter based out of Bengaluru. I want to speak with some folks from GoMechanic who are in the know about what's going on in the company. you can reach out to me anonymously o...

Welcome to Office Gossip's Private Community

GoMechanic
Hi - i'm a reporter based out of Bengaluru. I want to speak with some folks from GoMechanic who are in the know about what's going on in the company.
you can reach out to me anonymously on backgroundsources@proton.me. the conversation will be completely confidential, off the record and protected unless you decide to go on the record.
thanks!

GoMechanic

GoMechanic- Grapevine

Any chance of layoffs in swiggy in the technology department?

Welcome to News Discussion's Private Community

Hi — i’m hearing from a friend the company is about to shut down? any discussions happening at your end around this?

Gomechanic folks

Google has today announced layoff in India as part of their global layoffs

Google India layoff

Product Manager

A little birdie tells me that go mechanic is on the verge of shutting shops. Any truth to that?

Gomechanic going bust?

Growth Manager

Welcome to Indian Startups's Private Community

After GoMechanic, now Mojocare is said to cook its books. Is this a trend? and which other companies are showing similar signs?

GoMechanic, Now Mojocare

Content Strategist

Similar modus operandi like Byjus, apparently this helps company to save cash on severance package payments.

Dunzo laying off staff via PIP

Welcome to IT Company Discussion's Private Community

Hi guys, have you also been silently let go/laid off by your company?  This story needs to be heard by the people. I am a journalist and working on one such story, it would be great to have more details. 

You can reach out to me on anonymousrep98@gmail.com

Companies want to brush everything under the carpet, they think nobody will know about these silent layoffs by letting go of people in small batches. We are one of India's largest financial news organisation and would like the world to know about such practices.

If you know someone who has met with the fate, reach out to us.
Not putting in my real ID to save it for another day.

Silent layoff? Why the IT companies don't want the world to know

It has asked people to put down paper voluntary to receive severance pay to make it seem like valuntary resignations and not firing. 

Situation is not great with no hikes this year any way.

All across funding reasons to remove people is the trend right now

Flipkart Shuts Private Label Groceries

Business Development Manager

upGrad has laid off many across subsidiaries. However Ronnie goes around saying that he is hiring for PR. 

Harappa layoffs got press. upGrad Campus laid off over 30% of workforce. 

They should be bought to light.

upGrad is playing the dirty game

Founder

Hello, I’m a journalist and I want to connect with insider folks at The Big 4 accounting firms. If you’re willing to talk, shoot me an anonymous email at backgroundsources@proton.me. I keep all my sources confidential and proton can mask your email ID/username if you so desire.

The Big 4

Classplus is falling apart. The CTO, CBO and VP-Business have resigned from the company amidst rumours around financial irregularities. Classplus now joins a long list of Indian startups caught amidst fraud/financial irregularities allegations. Classplus was last valued $600Mn in their last funding round and counts Tiger Global, Falcon Edge, Peak XV (formerly Sequoia India) as their investors.

Classplus is going belly up. Big news to come out soon.

https://www.reddit.com/r/india/comments/15iw8pc/my_boss_locked_the_office_door_and_refused_to_let/

L&T Mindtree locking employees in office as per Reddit post.

This shit would be illegal in Europe or other developed countries. That manager and company would get a legal kick in their nuts so hard. In Indian it'll take 10 or 20 years for any resolution even if they manage to file a case.

Product Designer

GoMechanic cooked the books 😐

Cloud Architect

Promote your startup! Should be less than 3 months old.

Welcome to Confessions's Private Community

I was into a founder’s office. Working closely with the leadership team of a funded Agri-tech startup (Which shall strictly remain anon in this post)

Does it happen to others the same way as it did to me?

I was one of the first FOs in the org and I was trying to figure what is up with this startup.

About 21 days in to company, I was helping a co-founder with a report that has to go out to investors.

I open up the metrics dashboard to enter numbers when he said “he knew the figures by heart”, so we began entering metrics like GMV and others. These were 5x of my range.

I said we should just double check ? He said there are factors in the formula that I have not considered at all and I finish the report as per the numbers he gave me.

Confused, I later dared to ask the lead PM how are we computing GMV. And told him about my dilemma to tell the founder we need to just double check his calculations.
Bless my naiveté.

He had a nervous smile and told me we report numbers that keep the startup exciting and afloat. We will catch up very soon with them.

The next morning, the founder also took me for a meeting and explained how doing this is important for everyone in the company to succeed.

I was very scared but lived in an autopilot of nervousness for 6 months. Part-took in it while being scared of going to prison myself.

I felt a terrible dread in my stomach in every interaction with with the admin and CA teams since in my first interaction I came across what I sensed to be a big fake bill. Was I blind to miss everyone in the office get a new chair the last month?

I never asked doubts on the money numbers the CA team gave me. But had reasons to doubt it basis other business data I had access to.

Everyone seemed to be on the same kind of auto pilot, good people who had never done anything wrong before this as far as I knew. Everyone considered leaving the culture and toxicity every week. 

The day I left, I had the email of the investors of the company since I’d emailed them countless decks and reports. I really wanted to drop an anonymous email revealing what I knew to them but I was afraid of the following repercussions to my career and I let the matter go.

Reporting fake GMV and more

Looks like you had a ‘Haat’ time working there

Recruiter

Investment Associate

Got this information from my friends who are currently working at Leap and some who got affected. Surprisingly this has been kept very silent from everyone.

LeapScholar has laid off 5-7% across tech, product & others.   Leap is a Series D Sequioa backed startup who recently raised 75M$ last July.

I've served the whole notice period of 45 days and on the very last day, manager says that I didn't complete my work and wouldn't be accepting my resignation. It's already been a week since I joined my new firm and they're asking for the resignation acceptance mail/proof. All my email, slack accesses have been revoked from the previous company and manager is still reluctant to let me go in peace. New company has agreed to enter the joining date accordingly in the system once I get the resignation acceptance to avoid any dual employment conflict. Could anybody help me with the legality of this and how I can proceed?

Previous company not accepting resignation

GoMechanic, Mojocare.. who is next?

Finance Consultant

Welcome to Software Engineers's Private Community

Hey guys,
I got laid off recently and looking for opportunities. It was hard to go through the process but anyways I am now looking for a new role.
Backend
Exp - 6.2 years
Any help would be appreciated

GoMechanic

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