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Companies, including PhysicsWallah, CashKaro, Tredence, University Living, Pluxee, PeepalCo and Fat Tiger, have plans to mix work with pleasure by screening matches, curating special menus, setting up virtual gaming zones, organising World Cup-themed contests and some may even reward employees with cash prizes and passes to matches. The idea is to break the monotony of everyday tasks at work and foster a positive work culture, bonhomie, and a shared love of sports, HR heads of these firms said. Edtech unicorn, PhysicsWallah, is hosting the Physics Wallah Premiere League, a cricket tournament set to run from June 7-9. ....
Physics Wallah also motivated Indian students to contribute to the nation s development either directly or indirectly while speaking at Harvard University, Stanford University and the University of California. ....
Founder and CEO of Physics Wallah, Alakh Pandey, urged Indian students studying in the US to come back to the country and work for its development. ....
Indian fintechs are eyeing credit lines on UPI as their next big growth opportunity but banks want to put the brakes on the growth of unsecured credit. This and more in todays ETech Morning Dispatch. ....
Edtech unicorn PhysicsWallah Pvt. has laid off close to a hundred employees as part of a performance-based assessment cycle, the company said on Monday.
"At PW, we regularly assess performance through mid-term and end-term cycles. For the cycle ending in October, less than 0.8% of our workforce ranging from 70 to 120 individuals with performance concerns may be asked to transition," Satish Khengre, chief human resources officer at the Noida-based edtech startup, said in a statement. ....