Could be because of putting the house in order with last few debacles (gomechanic, byju and others)

Peak XV seem to be silent last few weeks, any hypothesis of why?

Peak XV seem to be silent last few weeks, any hypothesis of why?- Grapevine

Welcome to Indian Startups's Private Community

Anyone knows what's happening there anymore? Somehow never heard a layoff, business impacts, etc. etc.

All BharatPe CXOs from Ashneer's time are now out of the company

Analyst

Welcome to Office Gossip's Private Community

Hey everyone, 

It's good to be back (somewhat). Hope everyone had a nice break! 

What this post is: a place to hang around and chat just about anything, without having a specific topic to discuss.
Think of it like the watercooler at your office.

Let's get the grind going once again.

Look forward to hearing from you all :)

Daily Watercooler - 3rd Oct

Intern

willl try my best to be honest, ask me anything

AMA - I work at a VC fund

I’m curious to understand if anything has changed substantially in the company after the whole nonsense last year? Like are you having to focus on regulatory and compliance stuff more? Is there a media gag? Are people looking to exit?
Tell me.

BharatPe — has anything changed?

Software Engineer

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

List of companies doing silent layoffs using PIP and Cultural fit issues.

Myntra
Flipkart
Meesho
Cars24
Smallcase

List of companies doing silent layoffs

With a graveyard of troublesome start-ups!

Peak XV to invest in grapevine?

Growth Manager

We got a round of funding in early 2022 and decided we hire aggressively. The new employees did not get adequate training and guidance. 

Till August 2022, 4 members of my team left and no one asked the manager why is this happenening. The remaining were just being loaded and loaded with work. 

From August, we went on a hiring freeze.

Then one more person left and things got serious, we were loaded with work.

In November, we had layoffs.
One team member quit voluntarily.

For a company that boasts its great culture, no one fucking asked the manager why so many people are leaving your team. The remaining are just waiting for a good opportuntiy to turn up.

And don’t get me started on the manager.

Complained to HRBP, no action. While our counterparts in the US are getting everything and everyone in need. 

Our all hands meets are about cost cutting, conservative appraisals and other bullshit while other teams are roaming the world and chilling. 

Just wanted to vent out.

Fed up with Chargebee

This influencer with a massive following on YouTube laid me & my team off within a week of hiring since apparently they have deferred their Series A. Bro, why didn't you figure it out before I joined. They bumped off Sourcing, D2C sales head, Finance, Offline Sales head, etc as well. Apparently - they still have the HR head drawing the salary of probably more than 50L pa since they need to build 'culture' for a team size of less than 25 ppl now.

Business model: D2C business launching products in partnership with Influencer to leverage their following

Founders couldn't Figure Out fund raise

Consultant

Received at least 10+ emails of people exiting today. Most senior managers or leadership positions. 
Attrition is almost all time high. I got to know atleast 5 more are yet to quit. Something cooking?

Peak XV seem to be silent last few weeks, any hypothesis of why?

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