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BNPL Startup Simpl Layoffs Over 150 Employees

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Indian buy-now-pay-later (BNPL) fintech Simpl has laid off over 25% of its workforce, or more than 150-200 employees, according to anonymous sources. The move...
Stake

Trade Financing Startup Drip Capital Lays Off 20% Employees

Reporter -
According to sources, Drip Capital, a trade financing startup based in California and Mumbai, laid off approximately 20% of its workforce, impacting over 75...
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Info Edge-Backed 1K Kirana Fires 40% Workforce

Reporter -
operations in some regions due to failed attempts to raise fresh funds. The startup's inability to raise funds was attributed to the increased focus...
StartUp

DailyRounds, Marrow Cofounder Deepu Sebin Quits

Reporter -
DailyRounds, a healthcare-focused edtech platform, has announced that its co-founder, Deepu Sebin, has resigned from the company and its NEET PG test-preparation platform Marrow....
Marketing

Edtech Woes: Unacademy’s Leadership Team To Take Up To 25% Pay Cut In FY24

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Unacademy, the Indian edtech unicorn, is implementing a cost-cutting exercise that will see the leadership team, including the founders, take a pay cut of...
StartUp

Unacademy Fires 12% Of Workforce In Fourth Round Of Layoffs

Reporter -
Edtech unicorn Unacademy has announced its fourth round of layoffs in the past 12 months, letting go of 380 employees, or 12% of its...
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Elevation Capital-Backed B2B Marketplace Fashinza Bags $30 Mn Funding

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Fashinza, a B2B marketplace for the fashion industry, has raised $30 million in a funding round led by marquee investor Accel and Elevation Capital,...
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Microsoft Owned-GitHub Lays Off Strong India Engineering Team

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It is unfortunate to hear that GitHub, owned by Microsoft, has laid off its entire engineering team in India, affecting over 140 employees. The...
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