(Fox) Karan was at the right place at the right time. Nowadays, even decent startups are struggling to have a fraction of funding that he had.

Software Engineer

Rumours around they are shutting down and how Karan Bajaj is the supreme con artist of this generation

Welcome to Indian Startups's Private Community

What is happening in White Hat Junior? Where is Wolf Gupta doing now?

What is happening in White Hat Junior? Where is Wolf Gupta doing now?- Grapevine

Byjus acquired Whitehat Jr for $300 M valuation. What happened to the product? Is it still alive and making some bucks?

Is Whitehat Jr making any money?

Product Manager

Welcome to News Discussion's Private Community

Phising attack on BYJUS EGM!

Business Development

Is Byjus shutting down WhiteHatJr?

Journalist

Welcome to Office Gossip's Private Community

Ask me anything about WhitehatJr(byjus acquired)

Business Development Manager

RS is in San Francisco with GM. In a meeting with Softbank and PeakXV leadership, RS has officially submitted his resignation to the board of directors.

He holds 3.5% equity at Unacademy. He will apparently be getting an exit of around ~800 Crores. 

Formal transition has already begun and his BU's are being shut or merged. 

- CG : Shut 
- Graphy + GraphyX : To be merged next week

Breaking : Unacademy IAS Cofounder Submits his resignation

Program Manager

The more I read about him, the more intrigued I am. Seems like a grounded guy 

I honestly had a bias against him as the brand he built did a few things that weren't right to be honest. Wouldn't have maybe been the case if they would've toned down their growth rate to grow ethically and organically.

Took enough risk as the sole founder, understood the VC game and made 800 crores personally from the acquisition.

But listening to him makes me change my perspective a bit. Personally for me, I've always taken bad risks and he seems to have left a lot of career opportunities that others would die for. He's explored spirituality (he quotes his personal tragedy) travelled etc. 

I don't know or have vetted his current work, but he seems to be giving back to the society now, settled in Goa - https://youtu.be/S5G9H5QJ368?si=O5E4Sj95hs37jSpx. what are your thoughts? 

Isn't this what many people are searching for (greater purpose)? atleast the ones I know in my circle

Karan Bajaj is the OG! Ik that this is controversial

Founder

New silent layoffs at the end of November. Some teams are merging. 

So team members will be moved to new teams and then laid off 😞

Unacademy will now reach an irrelevant status like vedantu etc

Unacademy Layoffs Season 20

Growth Manager

1 billion in loss wtf is wrong with Byjus

Recently I was talking to a girl who was working a startup in BLR. She left the startup with some horrendous experiences. This startup was working from a startup hostel in BLR. Things she told me shook me. She was dating the founder.

So this founder who claims to be on his 2nd startup dates his own employees and then blackmails them.
The average age of his employees is 24. All these girls that he dates are not above 23/24

Apparently this guy has 2 court cases against him. One for fraud and one for a rape case. Both of them are not easily found online. He uses VC money to keep in under the hood.

The fraud case is about his first startup which was a stolen idea apparently. 

This guy’s whole life is fake.
He claims to be an IIT Madras dropout, but he's from some local college. 

There are rumours that one of the girls he dated tried to kill herself because he allegedly filmed them.

He also does not pay salaries for months to his employees but compensates by giving them expensive gifts.

He claims his parents are IAS officers but we checked and they are not. 

His last startup was around around AUTH and current one is around Fintech

Girls and boys stay away from working with such shady startups.

Tinder Swindler of BLR

Interesting, the whole story is about unknown man with unknown startup. Thanks for such an insightful post.

I have recently started working out and looking to gain muscles. Need help in planning the diet and workout routine. Should I consider Fittr Or Healthify Me as an option? Do they help? 

I am a vegetarian. Not obese, but have high body fat (~30%) .

Is Fittr helpful?

Another one bites the dust. Alpha Wave is too big, and this is fucked up for the ecosystem. They were really one of the heavy weights. Another big wallet with growth funding ability, just gone...

Alpha Wave Global to stop startup investments in India 🚨

They have big pockets but very cunning and power hungry people. They promote cut-throat ruthlessness. They are being smart now and backing out early so that later they can wash off their hands form being one of the primary players to have destroyed the startup ecosystem. The OG falcon had at least little bit of honesty, business savvyness and heart. From the time it became alpha wave and some terrible incompetent people took up important roles, it has been a downhill.  
  
 Someone from alpha -  be the whistleblower. But unlikely there would be anyone who has the guts to speak up. Their leaders have ensured to hire only weak yes-people.

Investor

Investment Associate

Another round of firing if
$350-500m doesn't hit Byju's bank account by March end
In all probability, it will hit. They're going for a down round. Reduced valuation.

Byju's layoffs

Zombie startups - Startups that have messed it up already. They are alive but just biting their time. Doom is inevitable for these startups in a few months

I will name a few

Sharechat
Khatabook
Apna
Zepto
Dealshare
Frontrow
Udaan

Please name more. It will help our brothers and sisters to avoid these startups as employers

What are zombie startups in India right now?

Silent Layoffs in Classplus

At its peak Classplus employed about 800 employees which is now down to about 300 but you'd never see this in news because they have been strategically laying off employees on high salaries one by one. Just today 4 people have been asked to leave (that I know of). They very smartly either shift people to textbook and then ask them to leave from there or directly ask them to leave. There's no PIP.
The founders are busy with setting up a new college, for some reason. Most of Classplus core business is just flat, people are asked to just maintain the business. It is losing big clients to competition. I don't know what the outlook of the company looks like but it's not looking good.

Silent Layoffs in Classplus.

Eight HR consultancy firms hired by BharatPe shared the same registered address with the accused family members and relatives

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