Stay updated with breaking news from Founder Circle. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
This feat was achieved within the first year of its inception through swift expansion, a growing demand for effective supply chain solutions, strategic partnerships, and innovation.
Soptle, founded by a 20-year-old entrepreneur, Pravas Chandragiri, enables fast-moving consumer goods and retail companies to distribute their products using its network. Soptle fulfills a market need by providing a seamless and efficient solution for retailers to connect with manufacturers and optimize their supply chain processes.
Swiggy’s valuation was cut by Invesco, BYJU’S valuation was slashed by BlackRock, and Meesho’s valuation was reduced by Fidelity Investments. This cutback is also going to impact the value of the ESOPs employees at these startups are entitled to.
![[Exclusive] Turmoil in Glamyo Health after employees allege delay in salaries, potential bankruptcy - Vimarsana News](https://images.yourstory.com/cs/2/f3638ff0dcc111ec93bca187955479ef/PrystynLayoffsCoverLite-1678259017304.jpg?fm=png&auto=format)
Surgery care startup Glamyo Health has reportedly laid off most of its employees without clear communication of salary payments, leading to legal action.
Glamyo Health is on the verge of shutting operations and has laid off more than 160 employees over the past few months.