Last mentioned: Mar 7, 2026
Workforce Reduction
300-500 employees are asked to leave following the annual performance review cycle.
Unicorn Funding Pursuit
Reports emerge of a $200M raise to achieve a $1B valuation and scale orbital missions.
Unicorn Funding Pursuit
Reports emerge of a $200 million raise at a $1 billion valuation target.
IPO Target Window
Anticipated timeframe for Flipkart's potential public listing in India.
Performance Review Cycle
Flipkart begins annual appraisals leading to workforce reductions.
Layoff Reports
Initial reports suggest 300-500 employees are exiting the company.
IPO Preparation Begins
Flipkart starts internal restructuring and cost-optimization measures to prepare for a public listing.
Series C Funding
Raised $51 million led by GIC to scale up launch vehicle development.
Vikram-S Launch
Successfully launched India's first privately developed rocket into sub-orbital space.
Vikram-S Launch
Skyroot successfully launches India's first privately built rocket.
Space Sector Reforms
Indian government opens the space sector to private participation.
Company Founded
Skyroot Aerospace founded by former ISRO scientists Pawan Kumar Chandana and Naga Bharath Daka.
Walmart Acquisition
Walmart acquires a 77% stake in Flipkart for $16 billion.
Walmart Acquisition
Walmart acquires a majority stake in Flipkart for $16 billion, marking a major shift in the Indian e-commerce landscape.
Flipkart has initiated a workforce reduction of 300 to 500 employees following its annual performance review cycle, representing roughly 3-4% of its staff. The move signals a tightening of internal operations as the Walmart-owned e-commerce leader prepares for a highly anticipated public listing in India.
Flipkart has initiated a workforce reduction of 300 to 500 employees following its annual performance review cycle. This move, representing roughly 3-4% of its staff, signals a tightening of internal operations as the Walmart-owned e-commerce giant moves closer to a potential Indian stock market listing.
Hyderabad-based Skyroot Aerospace is reportedly seeking to raise between $150 million and $200 million in a new funding round. The capital injection, advised by Kotak Mahindra Capital, aims to value the company at $1 billion, potentially making it India's first space-technology unicorn.
Hyderabad-based Skyroot Aerospace is seeking to raise between $150 million and $200 million to accelerate its commercial launch capabilities and global expansion. The funding round, which could value the company at nearly $1 billion, would cement Skyroot's position as the leader in India's rapidly maturing private space sector.