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Udaan lays off 100 employees days after ₹2,800 crore fundraise
short by Pragya Swastik / on Monday, 18 December, 2023
Business-to-business e-commerce platform Udaan has laid off about 100 employees, days after finalising a ₹2,800 crore ($340 million) fundraise, reports said on Monday. The move is a result of the merger of its essentials business with its discretionary business, NDTV Profit reported. Days ago, Udaan said its latest funding round made the company "fully funded".
read more at NDTV Profit