India Stack📁, Zomato Gold returns🥪, Pichai defends layoffs👩🏻💻
Seven countries to sign up, Zomato Gold returns with discounts, Sundar Pichai on Google layoffs, Funding Deals and more.
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Seven countries to sign up for India Stack's digital public goods📁
As many as seven countries will sign up to use India Stack's digital public goods, Rajeev Chandrasekhar, union minister of state for electronics and information technology, said.
These agreements will be signed at the World Government Summit held from February 13 to 15 in Dubai where more than 140 countries are expected to participate.
Sources said these countries are mainly interested in DigiLocker, a secure cloud-based platform for storing, sharing and verifying documents. About 14.4 crore Indians have used the platform so far.
Zomato Gold returns with discounts on delivery and dining out🥞
Zomato has brought back its Gold subscription program two-and-a-half years after Zomato Pro replaced it. The Pro membership program was shut down last year. Last month, CEO Deepinder Goyal tweeted a teaser on the return of Zomato Gold.
According to company sources, the Gold membership is currently being offered on an invite-only basis. However, users with existing Pro memberships are being offered Gold subscriptions for three months.
The new Zomato Gold membership costs Rs 999 for three months but is currently being offered at Rs 149 for three months.
Hot Shorts⚡
Rigi has raised Rs 100 crore ($12.3 million) in a funding round led by Elevation Capital. Accel India, Stellaris Venture Partners and Sequoia Capital has also participated.
Ecozen, a maker of solar-powered cold-storage rooms among other products has closed a Series C funding round of $25 million led by Nuveen and Dare Ventures in equity and debt.
Proptech startup Landeed has raised $8.3 million in a round led by Draper Associates, Y Combinator and Bayhouse Capital.
Google layoffs averted ‘much worse’ issues, says Sundar Pichai👩🏻💻
Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth had slowed.
In an internal meeting, Sundar Pichai said he had consulted with the company’s founders and board on the decision to cut 6% of jobs, according to remarks reviewed by Bloomberg.
“If you don’t act clearly and decisively and early, we can compound the problem and make it much worse. These are decisions I needed to make,” Pichai said.
Google parent Alphabet announced on January 20 that it was planning to cut 12,000 jobs, representing about 6% of its global workforce.
Tweet of the day🐥
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