India, Nov. 7 -- We bring to you the latest edition of movers and shakers of the week in the Indian startup ecosystem.

After the deplorable scenario of layoffs and furloughs during the pandemic, there's a ray of hope for Indian startups now as it ramps up its hiring process. Even as the Indian startup economy is likely to witness at least 11% shortfall in funding compared to last year, edtech and fintech sectors have been the "green shoots" since April.

"Since the last one and a half months, startups such as BYJU'S, UpGrad, Vedantu, Unacademy and RazorPay have been on a rampage when it came to hiring engineers and business development executives. In the last week of October, I could see 700 jobs being posted daily, both blue-collar and ...