Restructuring Exercise

Indian Trade Financing Start-Up Drip Capital Lays Off 20% Of Workforce: Report

15/04/2023

The company did not provide an explanation for the layoffs, which affected the tech, engineering and sales departments

Lightrock India-Backed Healthcare Start-Up MediBuddy Lays Off 8% Of Workforce

21/01/2023

The layoffs have come as a one-time restructuring exercise to eliminate any redundancy in roles and responsibilities and have impacted employees across departments like tech, product, sales, and operations