Check out BWM's Merch: https://merchter.com/stores/backstage-with-millionaires  Our Podcast on Ola Electric and Bhavish Aggarwal: https://youtu.be/GyAdwp0OhR8  --------------------------------------------------------------------------------------------------------------------------------------------------------------------- This week in Indian Startup News: BYJU'S shut down their Kerala office, 900+ restaurants opted out from Swiggy Dineout, Ola Electric has launched its third e-scooter Ola S1 Air and Uber Pilots EV Rides In Delhi-NCR.   ------------------------------------------------------------------------------------------------------------------------------------------------  BYJU'S shut down their Kerala office:   1. Aggrieved BYJU’S employees also met Kerala Labour Minister V Sivankutty, who said that a probe would be ordered into the matter.  2. BYJU’s blames the ‘ongoing organisational restructuring for profitable growth’ and redundancy behind the closure of Trivandrum office.  3. This comes nearly a week after BYJU’s announced plans to layoff 2,500 employees across verticals including product, content, media, and technology.   900+ restaurants opted out from Swiggy Dineout:   1. Recently, The National Restaurants Association of India (NRAI) asked restaurants to pull out of Swiggy Dineout as it believes that Swiggy is exploiting the restaurants.  2. The NRAI said that Swiggy’s discounts are affecting the dine-in restaurants heavily and ‘popularising a dangerous culture of discounting that will be irreversible’.  3. As a result, more than 900 restaurants have opted out from Dineout.      --------------------------------------------------------------------------------------------------------------------------------------------------- Funding this week:    This week at least 13 Indian Startups raised more than $1 Million, in total raising $450 Mn. These are the top three-   1. SiMa.ai raised $37 Million  2. Devtron raised $12 Mn  3. BluSapphire raised $9 Million   ---------------------------------------------------------------------------------------------------------------------------------------------------- Quick Updates:   Ola Electric launches a new EV:   1. Ola Electric will start delivering S1 Air scooter in April 2023.  2. The scooter will include a 4.5 kW hub motor that will enable it to reach a peak speed of 85 kmph.  3. Besides a new scooter, Ola Electric has announced the launch of its new software upgrade dubbed Move OS3.   Uber Pilots EV Rides In Delhi-NCR:   1. Currently, EV cabs are only available for pre-scheduled trips, and users have to ‘reserve’ a ride on the Uber app.  2. Uber is offering the service to support the Indian government’s target to reduce 45% emission by 2030.  3. The cab aggregator is reportedly launching two-wheeler and three-wheeler electric vehicles in other parts of the country in the next few months.   ------------------------------------------------------------------------------------------------------------------------------------------------   Media Handles:   Twitter: https://twitter.com/bwmillionaires/   LinkedIn: https://www.linkedin.com/company/backstagewithmillionaires/   Instagram: https://www.instagram.com/backstagewithmillionaires/   Follow Backstage with Millionaires to remain updated with our latest developments.  #startup #news #byjus