Are indians fired in America..!? Dream 11 red carpet welcome..!
One of India's leading profitable unicorns is Dream 11. Its CEO and co-founder, Harsh Jain, has called for indian tech professionals to return to india amid massive layoffs at leading companies in the US. He has posted on his LinkedIn page to help realize the high-tech development here, especially for those who have visa problems to come back to India. A Crunchbase estimate predicts that more than 52,000 technology professionals will be out of a job by American companies so far in 2022. This is due to the worsening economic downturn in the United States. There are also fears that the united states may enter a recession soon. Meanwhile, other tech companies including Twitter, Stripe, Salesforce, Lyft, Spotify, Peloton, Netflix, Robin Hood, Instagram, Udacity, Booking.com, Zillow, Loom, BeyondMeet, and other tech companies have also cleared the snow.
Amidst the ongoing economic crisis, the public markets are facing a severe impact. This worsened private markets. Fear of inflation, rising interest due to this, and political tensions have also affected the stock market. Especially the start-ups, which saw a boom due to the corona pandemic, have started to see a decline again. But amid the current recession, they are starting to see pressure again. Meanwhile, raising funds amid the current challenging situation has also been a very difficult environment. This has further impacted the market. Start-up stocks have also started to recover.Even in india, many startups, especially tech startups, are making massive layoffs. Headquartered in Mumbai, Dream sports Group is currently one of the $8 billion companies. It is one of the companies that has been consistently profitable. It currently has 150 million users in its portfolio. The group includes Dream 11, Rario, Fan code, Dream Pay, DreamSetco, and a few more. Dream 11 was launched on the google Play Store last october 9, after being approved by the official list of real money gaming apps. By november 2, it topped the gaming charts on the Play Store.Meanwhile Harsh Jain in his post that they have 10 portfolio companies. So they are looking for talent. Especially if you are experienced in design, product & tech, etc, be it you or someone you know feel free to contact us. Only that or Harsh has also posted his mail id. It is *(indiareturns@dreamsports.group). He also said that through this, indian technical experts can communicate.