If it is 0%, Should it be called hike 😂

Strategy & Operations

I'm guessing this will happen at many companies this year

Data Scientist

Growth Manager

Product Manager

Software Engineer

Fired also and hikes given 0 to others? 
 Wtf

It’s not hike. It’s business as usual.

InMobi announced 0% hike? Damn!   Is this true?

Welcome to News Discussion's Private Community

InMobi announced 0% hike? Damn! 

Is this true?

InMobi

Business Operations

InMobi- Grapevine

Welcome to Office Gossip's Private Community

InMobi townhall tomorrow

Tech Lead

Inmobi fired 200 employees for cost cutting measures.

Inmobi fires 200

Welcome to Indian Startups's Private Community

Some companies I heard of,
Airmeet
Inmobi
Simplilearn
Spotdraft

Which companies are laying off people now?

There are so many that are also doing silent layoffs right now

Consultant

Jio raises tariffs by over 20% 🤯

Woah, and it begins! 
 Now all VCs will have to update their decks with data cost per GB for India.

Business Analyst

Growth And Strategy

- InMobi is planning an IPO in India next year, targeting a $10 billion valuation, sources told TechCrunch.
- The firm, currently domiciled in Singapore, will shift to India and list at the group level, including its advertising arm and Glance.
- InMobi expects to generate over $700 million in annual revenue by March and has raised less than $300 million to date.
- Founded in 2007, InMobi was the first Indian unicorn and now serves major clients like Mastercard, Samsung, and Coca-Cola.
- Glance, a subsidiary, is piloting in the U.S. and plans to launch a generative AI-powered version to enhance user experience and drive commerce. 

 Source: Techcrunch

InMobi Eyes $10 Billion Valuation in 2025 India IPO

Journalist

Let’s create a list of best startups in terms of tech and its product future possibilities.

India’s Best Startups In Terms Of Tech And Future Product Growth

- InMobi, backed by SoftBank, has raised $100 million in debt financing to enhance its AI capabilities and fund AI-focused acquisitions.
- The financing was led by MARS Growth Capital, a joint venture between MUFG and Liquidity Group.
- CEO Naveen Tewari emphasized AI's role in revolutionizing ad engagement and outcomes for consumers, advertisers, and publishers.
- InMobi operates two core businesses: InMobi Advertising and Glance, an AI-powered content discovery platform.
- Glance, with over 300 million users, aims to expand globally, supported by investments from Jio Platforms, Google, and Mithril Capital. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/inmobi-secures-100-million-debt-to-fund-its-ai-efforts-acquisitions-12819183.html)

InMobi Secures $100 Million Debt to Fuel AI Ambitions and Acquisitions

Few folks from USA and London team have been fired. If things continue the way they’re then many more could be fired. 

Major advertising revenue comes from North America, and a recession there means huge advertising spend cuts by big accounts, which directly impacts many adtech companies. 

Would avoid adtech sector for next 12 mos.

Silent layoffs at InMobi have begun

I am expecting the hike this year to be muted between 5-10% 😕🤫
Last year was worse than this though 🙃🥲

What hike did you get this year ?

Another SH incident has come up at InMobi - this is getting even worse :/

What's the average annual hike at your org ? I know it depends on performance and all, but still there's gotta be range. Asking from a dev standpoint, but would like to know others as well. At my company, it's around 10-15 %(mid size company, not a startup).

Average Annual hike

If he gives me ESOPs worth the CEO's shares then sure I would have an entrepreneurial mindset.

According to him we shouldn't care about money

Putting Zypp Electric in Never Apply list

Analyst

Once a poster child among all startups InMobi now seems to have lost its charm. Is everything good and how is current work culture especially for tech and product folks?

How is InMobi doing these days?

Welcome to Data Scientists's Private Community

My current CTC is 28LPA at 6.5 years of experience. I'm not sure what level they'll put me in. What should be my ask?

What should I ask as CTC as a Data Scientist @ Visa?

Senior Data Scientist

Man...This rate hike is way more than my appraisal %.

Airtel vs Jio

Almost 50% of the org got no increments
People with "exceeds" rating got single digit increments
Only promotion cases have got early to mid double digit increments
Promotions have been significantly fewer this time, max people have been told to hold off their expectations of promotions for another year

The reasons cited were economic slowdown, other companies like Microsoft, Flipkart, swiggy, Amazon doing the same and cost cutting. I think things are getting toxic and the majority of employees have been left disappointed.

Razorpay increments - sad state

Founder

they laid off around 30-40% of their strength.

Layoffs in simpl.

Senior Product Designer

What do you guys thinks is the best places to be during these uncertain times..which companies seem to be hiring?


For me, I’m thinking Google, Atlassian, Postman

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