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A spokesperson of Mensa Brands said the house of brands unicorn restructured some teams at ILN and this affected less than 30 team members
Ola Electric has begun discussions with Goldman Sachs, Kotak, Citi, and Axis Bank to help underwrite its IPO, according to a source in investment banking.
CRED-owned Happay has reduced its workforce by approximately 35%, sources privy to the development informed Inc42
According to sources, the funding will help the start-up sustain its business for a while following large-scale downsizing and funding deal cancellations.
Online math tutoring platform Cuemath, backed by the likes of Sequoia and Google's CapitalG, is laying off around 100 employees across teams.