Tickertape, a web and mobile investment information and research platform, has laid off around 30% of its workforce, or 29 employees, as part of an internal restructuring. The move comes amid a tepid funding environment, which has led several startups to resort to layoffs. Tickertape raised $5 million in a seed round from fintech firm SmallCase in November 2021. For the fiscal year ending on March 31, 2022, Tickertape reported Rs 3.01 crore in revenue and Rs 16.4 crore in losses. Other fintech companies, including Simpl, Open, and Fampay, have also gone through layoffs in recent weeks. Tickertape is a content, information, and analytical platform for stocks, ETFs, Mutual Funds and other investment products that offer various tools and services like stock screener, Market Mood Index, Learn, and others. For the fiscal year ending on March 31, 2022, the company posted Rs 3.01 crore in revenue and Rs 16.4 crore in loss. On the other side, Amazon-backed wealth management company Smallcase’s scale shot up 2.5X to Rs 29.17 crore in FY22. However, the company didn’t manage to control its losses which jumped 3.38X to Rs 95.53 crore from Rs 28.26 crore in FY21. Tickertape is a platform that offers content, information, and analytical tools related to stocks, ETFs, Mutual Funds, and other investment products. For the fiscal year ending on March 31, 2022, the company reported Rs 3.01 crore in revenue, but also recorded a loss of Rs 16.4 crore. In comparison, Smallcase, a wealth management company backed by Amazon, saw its scale grow by 2.5 times to Rs 29.17 crore in FY22, but its losses increased by 3.38 times to Rs 95.53 crore from Rs 28.26 crore in FY21. Tickertape is a content, information, and analytical platform for stocks, ETFs, Mutual Funds and other investment products that offer various tools and services like stock screener, Market Mood Index, Learn, and others. For the fiscal year ending on March 31, 2022, the company posted Rs 3.01 crore in revenue and Rs 16.4 crore in loss. On the other side, Amazon-backed wealth management company Smallcase’s scale shot up 2.5X to Rs 29.17 crore in FY22. However, the company didn’t manage to control its losses which jumped 3.38X to Rs 95.53 crore from Rs 28.26 crore in FY21. Tickertape is a platform that provides content, information, and analytical tools related to various investent products, including stocks, ETFs, and Mutual Funds. The company reported a revenue of Rs 3.01 crore and a loss of Rs 16.4 crore for the fiscal year ending on March 31, 2022. Smallcase, an Amazon-backed wealth management company, saw its scale grow by 2.5 times to Rs 29.17 crore in FY22, but its losses also increased significantly, jumping 3.38 times to Rs 95.53 crore from Rs 28.26 crore in FY21.