Amit Suyal Profile picture
May 24 10 tweets 2 min read
Recent Layoffs at Indian Startups

Thread:

#layoffs #StartupIndia #ecommerce #economy #startups
Lido Learning

The Mumbai-based ed-tech startup laid off over 150-200 employees.
Cars24

Used car marketplace fired around 600 employees.
Unacademy

The SoftBank-backed ed-tech start-up laid off around 1000 employees.
Vedantu

The ed-tech platform fired 624 employees.
Meesho

The e-commerce startup Meesho laid off 150 employees from its grocery business.
Mfine

Digital health platform Mfine laid off around 500 employees.
Trell

The influencer-led social commerce startup laid off around 300 employees.
Furlenco

Furniture rental startup laid off close to 180-200 employees.
OkCredit

Digital ledger and bookkeeping solutions provider laid off 35-40 employees.

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More from @amitsuyal_in

May 21
Open Network for Digital Commerce #ONDC

A Thread 🧵↓
1/ What is Open Network for Digital Commerce(ONDC)?

#ONDC is a decentralized platform that will allow buyers and sellers to connect and transact with each other online irrespective of which ecommerce portal(s) they are listed on.
2/ Why ONDC?

The open technology network aims to challenge the dominance of e-commerce behemoths like #Amazon and #Flipkart.
Read 7 tweets

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