By country
Layoffs in India
144 sourced layoff rounds at 115 companies in India between Mar 2022 and Jul 2026: 81,599 people in the rounds where a number was given. Each one links to the article or filing it came from. The list covers what we have been able to source, not every cut in the country.
People affected
82K
Where a number was given
Companies
115
With a sourced round
Rounds
144
Mar 2022 → Jul 2026
Every round, newest first
- GoKwik−100
The ecommerce checkout software company cut onboarding, implementation and tech staff as it automated more of its operations.
About the figure: Reported range of 100 to 120; the company did not respond to questions.
Enterprise SaaS · Source: Inc42
- Opendoor (India)−250
The American home buying company closed its Hyderabad and Bengaluru offices and moved the work to small AI native teams in the United States.
Construction & Real Estate · Source: Inc42
- 91Trucksnumber not given(30% of workforce)
The commercial vehicle marketplace withdrew from central and south Indian markets to focus on the north.
About the figure: The CEO said about 30%; Entrackr sources put exits at about 100 people, nearly 70% of staff.
Automotive · Source: Inc42
- Adda247−200(20% of workforce)
The test preparation company restructured ahead of a planned stock market listing.
EdTech · Source: Inc42
- Apna Martnumber not given(10% of workforce)
The quick commerce startup cut staff as some roles became redundant due to AI and it moved product and tech teams to Gurugram.
About the figure: Based on an Economic Times report, which put the number at 35 to 40 people.
E-commerce · Source: Inc42
- SuperOps−60(30% of workforce)
The IT management software startup cut mostly engineering staff to become an AI first organisation.
Enterprise SaaS · Source: Inc42
- Zupee−200(40% of workforce)
The gaming startup cut roles in a second round after the real money gaming ban as it moved toward social games and short video content.
About the figure: The company confirmed about 200; the 40% share is from sources.
Gaming · Source: Inc42
- Sun Pharma Advanced Research Company (SPARC)number not given(40% of workforce)
Sun Pharma's listed research arm said it was cutting staff, mostly in the US, and consolidating labs to Vadodara and Mumbai.
About the figure: Reduction spread over three years, from 409 people in FY24 to a projected 246 by FY27.
Pharma & Healthcare · Source: The Hindu BusinessLine
Coca-Cola's Indian bottling arm cut staff in an internal restructuring over two weeks.
About the figure: Reported as 200 to 300 people, 4 to 6% of about 5,000 staff, per sources.
Consumer Goods & Food · Source: The Hindu BusinessLine
- Simpl−80
The buy now pay later startup cut staff days after the Reserve Bank of India told it to stop payment operations for lacking licences.
Fintech · Source: Inc42
- Zepto−500
The quick commerce company replaced operational tasks such as invoice processing and replenishment with in house software, cutting mostly off roll staff.
About the figure: Cumulative since April 2025, mostly off roll staff; about 200 in the latest month. The company confirmed the automation drive but not the number.
E-commerce · Source: Inc42
- Krutrim−50
Cut about 50 more linguistics roles after the in-house data annotation project ended.
About the figure: Based on an Economic Times report.
Big Tech · Source: Inc42
- Gupshup−100
The messaging software firm confirmed another cost cutting round about four months after an earlier one, without giving a number.
About the figure: Count from sources; the company confirmed layoffs but not the number.
Enterprise SaaS · Source: Inc42
- Bobble AI−50
The Gurugram keyboard and communication app startup cut staff in a restructuring that sources tied to fundraising difficulties.
About the figure: Count from sources; the company did not give a number.
Consumer Tech · Source: Entrackr
- Gameskraft−120
The rummy platform began cuts across functions after the real money gaming ban, while dealing with an alleged fraud by its former CFO.
Gaming · Source: The Hindu BusinessLine
- Clear (ClearTax)−130(16% of workforce)
The tax filing software company called it a strategic organisational restructuring; the cuts came a month after it launched an AI filing assistant.
About the figure: Headcount estimate of 130 to 140 comes from provident fund records; the company confirmed about 16%.
Fintech · Source: Inc42
- Tata Consultancy Services−12,200(2% of workforce)
TCS said it will cut about 2% of its workforce, roughly 12,200 jobs, mostly in middle and senior management; its CEO attributed the cuts to skill mismatch and limited deployment opportunities rather than AI.
IT Services & Consulting · Source: Reuters
- Krutrim−100
Ola group's AI unit cut a large part of its linguistics team in a second round of job cuts, calling it a strategic realignment.
About the figure: Based on an Economic Times report; count is a floor of more than 100.
Big Tech · Source: Inc42
- Otipy−300
The farm to fork vegetable delivery startup shut operations after a cash crunch, with salaries unpaid for about six weeks.
E-commerce · Source: Inc42
- Zopper−100
The insurance software startup cut tech, product and insurance staff in several rounds to reduce costs.
About the figure: Cumulative across rounds since January 2025, based on sources; the company did not respond.
Fintech · Source: Inc42
- Infosys−195
A fourth round of trainee exits after failed assessments took the total above 800 of about 2,000 onboarded.
About the figure: Based on sources.
IT Services & Consulting · Source: The Hindu BusinessLine
- BluSmart−800
The electric ride hailing company shut its services in mid April amid fraud allegations against the founders of its backer Gensol.
About the figure: Count covers employees; about 10,000 drivers on the platform also lost work.
Transportation & Delivery · Source: Inc42
- ANS Commerce (Flipkart)number not given
Flipkart closed the e-commerce enabler it bought in 2022 and let go of its whole workforce.
About the figure: Whole unit closure; no staff count given.
E-commerce · Source: The Hindu BusinessLine
- Infosys−350
Trainees hired in October 2024 at the Mysuru campus were let go after failing internal assessments.
About the figure: Infosys said fewer than 350; the NITES union alleged about 700.
IT Services & Consulting · Source: The Hindu BusinessLine
- Technicolor (India)−3,200
The French visual effects group's Bengaluru and Mumbai studios shut as part of the group's global closure.
About the figure: Count is total India staff at closure; the company did not comment.
Media & Streaming · Source: The Hindu BusinessLine
The diabetes care startup cut its India team as it shifted focus to the US market and stopped onboarding new users elsewhere.
About the figure: Sources put the figure at about 100 and possibly up to 120; the CEO said 90.
Pharma & Healthcare · Source: Inc42
- Pocket FM−75
The audio series platform ran another restructuring round, its second within a few months, citing long term sustainability.
Media & Streaming · Source: Inc42
Sales staff across the country in the drugmaker's consumer care division were let go as the unit was reviewed.
Pharma & Healthcare · Source: The Hindu BusinessLine
- Go Firstnumber not given
The tribunal ordered the budget airline liquidated after revival attempts failed; it had been grounded since May 2023.
About the figure: Whole company liquidation; the airline had about 7,000 employees when it stopped flying in May 2023.
Aviation & Aerospace · Source: The Hindu BusinessLine
- The 1% Clubnumber not given(15% of workforce)
The personal finance education platform made its first cost cuts, with the founder pointing to AI driven savings.
EdTech · Source: Inc42
- Kuku FM−300
The audiobook platform cut writers, producers and other content staff, both on roll and contract, in a restructuring.
About the figure: Includes contract staff; 80 to 100 were on roll employees. Based on sources.
Media & Streaming · Source: Inc42
- BeepKart−130(40% of workforce)
The used two wheeler marketplace cut staff in three rounds over five months and halved its store count amid a funding crunch.
About the figure: Cumulative over five months, from sources.
Automotive · Source: Inc42
The test prep coaching chain, part owned by Byju's, cut senior and mid level staff citing a shift in its business model.
About the figure: Reported range of 80 to 100 over two months, citing Entrackr.
EdTech · Source: Inc42
- Airmeet−30(20% of workforce)
The virtual events startup cut most of its tech team in its third restructuring in about 16 months.
About the figure: Based on sources.
Enterprise SaaS · Source: Inc42
- Reliance Industries−42,000(11% of workforce)
The annual report showed a smaller workforce for the year to March 2024, with most of the drop in the retail arm.
About the figure: A net headcount fall over a full financial year disclosed in the annual report, including voluntary separations, not a single layoff announcement.
Retail & Corporate · Source: TechCrunch
- Kenko Healthnumber not given
The health subscription startup shut down after running out of funds and failing to obtain an insurance licence.
About the figure: Whole company shutdown; no staff count given.
Pharma & Healthcare · Source: Inc42
- ReshaMandinumber not given
The silk and natural fibre supply chain startup let go of all staff after unpaid salaries, a website outage and its auditor's resignation.
About the figure: Whole workforce, per sources; no number given.
Textiles & Apparel · Source: Entrackr
- Unacademy−250
The cut came during merger talks and brought total job losses at the company to about 2,000 since 2022.
EdTech · Source: TechCrunch
- Koonumber not given
The Indian microblogging app shut down after acquisition talks with Dailyhunt's parent failed.
About the figure: Whole company shutdown; no staff count given.
Social Media · Source: Inc42
- WayCool−200
Third round within a year at the food distribution company.
Consumer Goods & Food · Source: Inc42
Coca-Cola's Indian bottling arm began retrenchments and senior exits to become leaner and cut costs.
About the figure: At least 80, per sources.
Consumer Goods & Food · Source: The Hindu BusinessLine
- Kissflow−45(15% of workforce)
The Chennai workflow software firm cut sales, marketing and product staff after product shutdowns and annual reviews.
About the figure: Reported as 45 to 50 people.
Enterprise SaaS · Source: Inc42
- Simpl−100
The buy now pay later startup cut staff across verticals, including senior employees, as it aimed for profitability by mid 2025.
About the figure: Based on sources.
Fintech · Source: The Hindu BusinessLine
- PrepLadder (Unacademy)−145(25% of workforce)
Unacademy's medical entrance prep unit cut staff in its third round in three years as it changed its sales strategy.
About the figure: Based on sources.
EdTech · Source: Inc42
- Ola−180
Ride hailing company cut jobs and parted with its chief executive four months after appointing him.
Transportation & Delivery · Source: TechCrunch
- Healthify−150(27% of workforce)
The fitness and nutrition app cut mostly sales and product staff about a year after a 30 million dollar funding round.
Consumer Tech · Source: Inc42
- Scaler−150(10% of workforce)
The tech upskilling startup cut mainly marketing and sales roles in a restructuring.
EdTech · Source: Inc42
- The Good Glamm Group−150(15% of workforce)
The beauty and personal care company cut staff after integrating the brands it had acquired.
Consumer Goods & Food · Source: Inc42
- Zee Entertainmentnumber not given(15% of workforce)
The broadcaster cut costs after Sony ended their merger, a week after halving its Bengaluru tech centre team.
Media & Streaming · Source: The Hindu BusinessLine
- Pristyn Care−120
The surgery care provider confirmed cuts affecting under 8% of its 1,700 staff, mostly entry level and support roles.
Pharma & Healthcare · Source: Inc42
- Licious−80(3% of workforce)
The meat and seafood delivery brand cut staff in what it called an operational reset to sharpen its growth focus.
Consumer Goods & Food · Source: The Hindu BusinessLine
- WayCool−70
The Chennai agri supply chain startup cut sales, research, marketing and tech staff and shut warehouses in its second round within a year.
Consumer Goods & Food · Source: Inc42
- Swiggy−400(7% of workforce)
Second round in a year at the food delivery company, ahead of its planned stock market listing.
Transportation & Delivery · Source: TechCrunch
- InMobi−125(5% of workforce)
The Bengaluru ad tech company cut staff as it overhauled operations around an AI first approach.
Enterprise SaaS · Source: The Hindu BusinessLine
- CureFit−120
The fitness company cut staff across Cultfit, Sugar.fit, Carefit and other brands in a restructuring; it confirmed cuts without a number.
About the figure: Count from sources.
Consumer Tech · Source: Inc42
- Blissclub−21(18% of workforce)
The women's activewear brand cut staff in a restructuring announced at a January town hall.
About the figure: Sources said up to 30.
Textiles & Apparel · Source: Inc42
- Simplilearn−200
The Bengaluru online course provider cited poor performance; affected staff said no recent review had taken place.
EdTech · Source: Inc42
- ZestMoney−150
The buy now pay later lender told staff it would shut down after failing to find a buyer.
About the figure: Shutdown; count is total staff at the time. The company was later sold to DMI in January 2024.
Fintech · Source: TechCrunch
- Bolt.Earthnumber not given(20% of workforce)
The EV charging network startup cut staff in a restructuring; it had about 250 employees.
About the figure: Cofounders said 15 to 20%; sources said up to 35%.
Energy & Utilities · Source: Inc42
- Jodo−100
The education fee payments startup cut staff after missing its business targets for the year.
About the figure: Based on sources.
Fintech · Source: Inc42
- Loco−40(36% of workforce)
The game streaming platform cut staff in a restructuring as it planned to expand abroad.
Gaming · Source: The Hindu BusinessLine
- Adda247−250
The test preparation company cut sales, content and faculty staff, including at its StudyIQ unit.
About the figure: Reported range of 250 to 300 employees.
EdTech · Source: Inc42
Unacademy's course hosting software unit cut staff after missing revenue targets.
About the figure: Based on sources; 20 to 30% of staff.
EdTech · Source: Inc42
- Bizongo−50(15% of workforce)
The packaging supply startup cut staff while announcing a fresh 50 million dollar fundraise.
E-commerce · Source: The Hindu BusinessLine
- Chargebee−100(10% of workforce)
Second round in ten months at the subscription billing software company, after about 142 jobs went in late 2022.
About the figure: Reported range of 100 to 120 employees.
Enterprise SaaS · Source: Inc42
- DealShare−100
The social commerce startup shut its B2B business and moved operations to Gurugram to focus on a few markets.
E-commerce · Source: Inc42
- Velocitynumber not given(14% of workforce)
The revenue based financing platform cut staff across verticals as it pushed toward profitability.
Fintech · Source: Inc42
- Fi−30(10% of workforce)
The neobanking app cut staff across teams to focus on core product features, offering severance and faster ESOP vesting.
Fintech · Source: Inc42
- Mobile Premier League (MPL)−350(50% of workforce)
Gaming company halved its staff weeks after India announced a 28% tax on online real money games.
Gaming · Source: TechCrunch
- Spinny−300(4.5% of workforce)
The used car marketplace cut roles while consolidating its operations under a single brand.
E-commerce · Source: Inc42
- CoinDCX−71(12% of workforce)
The crypto exchange blamed a prolonged bear market and the effect of a transaction tax on Indian exchanges.
Crypto · Source: Inc42
- Chingarinumber not given(50% of workforce)
The short video app cut more than half its staff in its second round within two months during a cash crunch.
About the figure: Based on sources; more than 50%.
Social Media · Source: Inc42
- Actyv.ai−60
The supply chain finance software startup let go of staff in a single day, according to sources.
About the figure: Based on sources.
Enterprise SaaS · Source: The Hindu BusinessLine
- Omuni (Shiprocket)−60(35% of workforce)
Shiprocket's retail software unit cut tech, product and sales staff while its CEO and CTO prepared to leave.
About the figure: Reported as 60 to 70, per sources.
Enterprise SaaS · Source: Inc42
- Byju's−100
The edtech company let go of staff in its post sale division after a performance review.
EdTech · Source: The Hindu BusinessLine
- Times Internet−100(5% of workforce)
The digital arm of the Times Group confirmed a cut of about 5% of its staff and full severance for those affected.
Media & Streaming · Source: Inc42
The lending and insurance company led by Sachin Bansal cut staff across departments, with product teams hit hardest.
Fintech · Source: Inc42
- Increff−60(20% of workforce)
The retail software startup cut tech, sales, customer success and HR staff to reduce costs; the CEO confirmed the layoffs.
About the figure: Count and percentage from sources.
Enterprise SaaS · Source: Inc42
- Dunzo−200
The quick delivery startup deferred salaries and announced its third layoff of the year while searching for new funding.
About the figure: Planned cut reported before it took place; likely over 200.
E-commerce · Source: TechCrunch
- Skill-Lync−225(20% of workforce)
The Chennai based engineering upskilling startup began a cost cutting drive in late June amid the funding crunch.
EdTech · Source: TechCrunch
- WayCool−300
The Chennai food distribution company cut staff a year after raising 117 million dollars; it had about 2,500 employees.
Consumer Goods & Food · Source: Inc42
- Byju's−500
Further cuts reached beyond sales roles as the company tried to improve its finances during a dispute with lenders.
About the figure: Reported range of 500 to 1,000 from one unnamed source; the company declined to comment.
EdTech · Source: TechCrunch
- Chingarinumber not given(20% of workforce)
The short video app cut staff across departments weeks after a cofounder left.
About the figure: The company had 240 employees.
Social Media · Source: The Hindu BusinessLine
Mamaearth cut the brand marketing vertical of its parenting content platform ahead of its stock market listing.
About the figure: Reported as 80 to 100 people, per sources.
Media & Streaming · Source: The Hindu BusinessLine
- Mojocare−150(80% of workforce)
The health products startup cut most of its staff after investors flagged financial irregularities.
About the figure: Company said 150 to 170; a source said over 200.
Pharma & Healthcare · Source: Inc42
- Cuemath−100
The maths learning startup rationalised roles across functions, citing tighter capital markets and changing AI technology.
EdTech · Source: The Hindu BusinessLine
- Teachmint−70
The school software startup ran a second round of cuts to improve operational efficiency.
About the figure: The company did not confirm the number.
EdTech · Source: The Hindu BusinessLine
- Tickertape−29(30% of workforce)
The stock research platform let go of staff in an internal restructuring, its founder said.
Fintech · Source: Inc42
- Simpl−150
The buy now pay later startup cut engineering, product and analytics staff as e-commerce growth slowed.
About the figure: Based on sources.
Fintech · Source: The Hindu BusinessLine
- ZestMoneynumber not given(20% of workforce)
The buy now pay later startup cut staff after its acquisition by PhonePe was called off.
Fintech · Source: The Hindu BusinessLine
- Koo−260(30% of workforce)
The microblogging app cut staff citing role redundancies and the global slowdown.
Social Media · Source: The Hindu BusinessLine
- GitHub (India)−100
The developer platform owned by Microsoft let go of virtually its whole engineering team in India as part of a global 10% cut.
Enterprise SaaS · Source: TechCrunch
- Unacademy−350(12% of workforce)
Another round came just over four months after the November 2022 cut.
EdTech · Source: TechCrunch
- FanClash−100(75% of workforce)
The fantasy esports startup cut most of its staff in three rounds within a year of raising 40 million dollars.
About the figure: Based on sources; three rounds.
Gaming · Source: Inc42
- Livspace−100(2% of workforce)
The home interiors platform cut product, engineering, content and marketing staff to extend its runway.
About the figure: Livspace is headquartered in Singapore with most staff in India.
Construction & Real Estate · Source: Inc42
- MyGatenumber not given(30% of workforce)
The housing society security app cut mid management and junior roles, after a similar round in December 2022.
About the figure: Based on a YourStory report.
Consumer Tech · Source: Inc42
- FarEye−90
The logistics software company cut staff across countries in its second round within eight months to reduce costs.
Logistics & Shipping · Source: Inc42
- LEAD−60
The Mumbai based school edtech company cut tech and product staff in its second round of job cuts within five months.
About the figure: Based on sources.
EdTech · Source: Inc42
The payments company cut staff in an organisational restructuring; the company said 6 to 8% of employees were affected.
About the figure: Sources said the number could be as high as 120.
Fintech · Source: Inc42
- SirionLabsnumber not given(15% of workforce)
The contract management software company cut staff across locations days after announcing a Series D round, aiming for profitability.
About the figure: Inc42 estimated about 130 people from LinkedIn headcount.
Enterprise SaaS · Source: Inc42
- Dunzonumber not given(3% of workforce)
The Reliance backed quick commerce startup cut staff months after closing some dark stores to save costs.
E-commerce · Source: Inc42
- InMobi−50
The mobile advertising platform let go of staff, citing performance metrics.
About the figure: Reported as 50 to 70 people.
Enterprise SaaS · Source: The Hindu BusinessLine
- Skit.ai−115
The voice automation startup cut mostly India staff as it shifted focus to the US market.
About the figure: Sources said up to 130.
Enterprise SaaS · Source: Inc42
The parent of ShareChat shut its fantasy gaming platform Jeet11 and let its team go.
Social Media · Source: Inc42
- Vedantu−385
Fourth round of 2022 at the online tutoring company, taking its total for the year past 1,100.
EdTech · Source: Inc42
- Harappa Education (upGrad)−73(40% of workforce)
The upGrad owned online learning unit cut content, design, product and marketing staff in the last week of December.
About the figure: Based on sources.
EdTech · Source: Inc42
- OYO−600
The hotel platform merged product and engineering teams and cut tech staff, while planning to add 250 relationship roles.
Travel · Source: Inc42
- PayU (India)−150(6% of workforce)
Prosus's Indian payments unit realigned teams across some businesses.
Fintech · Source: Inc42
- Udaan−350
Second round of 2022 at the B2B marketplace, after 180 jobs went in June.
About the figure: Another report cited on the page put the total as high as around 1,000.
E-commerce · Source: Inc42
- Zomato−100(4% of workforce)
Reported plan to cut at least 4% of staff across product, tech, catalogue and marketing.
About the figure: Zomato described it as regular performance based churn of under 3% of its workforce.
Transportation & Delivery · Source: Inc42
- Unacademy−350(10% of workforce)
Second round of 2022 at the test preparation company, which warned staff of harsh economic conditions.
EdTech · Source: TechCrunch
- Brainly (India)number not given(72% of workforce)
The Poland based homework help company partially shut its India operations and let go of most of its Indian team without severance.
About the figure: Percentage from the headline; based on an employee account shared on social media.
EdTech · Source: Inc42
- Practically−190
The Hyderabad based K-12 learning startup reduced headcount after a funding round failed to close, and delayed salaries of those affected.
About the figure: Gradual reduction since mid-August 2022 rather than a single round.
EdTech · Source: Inc42
- Chargebee−140(10% of workforce)
The subscription billing software company cut staff across geographies, citing market forces and operational debt.
Enterprise SaaS · Source: The Hindu BusinessLine
- Hirect−200(40% of workforce)
The startup hiring app cut staff in a business model change after nearly doubling headcount during 2022.
About the figure: Based on a Mint report.
Consumer Tech · Source: Inc42
- VerSe Innovation (Dailyhunt, Josh)number not given(5% of workforce)
The parent of Dailyhunt and Josh cut part of its team to secure the long term viability of the business.
Media & Streaming · Source: The Hindu BusinessLine
- Byju's−2,500(5% of workforce)
Phased cut across product, content, media and technology teams as the company targeted profitability.
EdTech · Source: Inc42
- FrontRow−130
A second round four months after the first left the learning startup with about 40 staff.
EdTech · Source: The Hindu BusinessLine
- WazirXnumber not given(40% of workforce)
The crypto exchange cut staff to ride out the crypto downturn, paying 45 days of salary.
About the figure: Reportedly 50 to 70 of 150 employees.
Crypto · Source: The Hindu BusinessLine
- Rupeek−50
The gold loan startup's second round of the year came as it aimed to turn profitable within 12 to 18 months.
Fintech · Source: Inc42
- Clear (ClearTax)−190(20% of workforce)
The tax and finance software company cut tech, product, sales and support staff to extend its cash runway.
About the figure: Based on sources.
Fintech · Source: Inc42
- Vedantu−100
A third round of cuts hit the sales enablement team as part of business restructuring.
EdTech · Source: The Hindu BusinessLine
- ShopXnumber not given
The B2B commerce startup shut down and filed for insolvency after defaulting on loans from its investors.
About the figure: Whole company shutdown; no staff count given.
E-commerce · Source: The Hindu BusinessLine
- Fraazo−150
Mumbai grocery delivery startup cut staff and shut more than 50 dark stores during a funding crunch.
E-commerce · Source: Inc42
- Ola−1,000
The ride hailing company began cutting staff across verticals after closing its quick commerce and used car businesses, while hiring for its EV unit.
About the figure: Based on an Economic Times report citing insiders and recruiters.
Transportation & Delivery · Source: Inc42
The coding school owned by Byju's cut staff citing business restructuring, a month after about 1,000 employees resigned over a return to office order.
About the figure: Company confirmed the layoffs but not the number.
EdTech · Source: Inc42
- Toppr (Byju's)−350
Cuts came a year after Byju's bought Toppr, with content and media teams hit hardest.
EdTech · Source: Inc42
- CityMall−191(30% of workforce)
Gurugram social commerce startup cut roles three months after raising 75 million dollars.
About the figure: The 30% share is a TechCrunch estimate from LinkedIn data, not a company figure.
E-commerce · Source: TechCrunch
- Rupeek−200
The gold loan startup cut staff across verticals, citing a weak economic environment and a revised strategy.
About the figure: Count is an estimate; 10 to 15% of staff.
Fintech · Source: The Hindu BusinessLine
- Udaan−180
The B2B e-commerce unicorn confirmed cost cuts and offered insurance, severance and placement help.
About the figure: Another source said up to 600.
E-commerce · Source: Inc42
- Yojak−140
The construction materials B2B marketplace shut its India business after running out of funds, keeping only exports.
About the figure: Includes 80 contract staff.
E-commerce · Source: Inc42
- Nova Benefits−70(30% of workforce)
The employee health insurance startup cut sales, accounts, marketing and creative staff after redefining its strategy.
Fintech · Source: Inc42
- Breathe Well-being−50(30% of workforce)
The diabetes care startup cut sales, operations and tech staff after failing to secure new funding, and rescinded some offers.
About the figure: Based on sources.
Pharma & Healthcare · Source: Inc42
- FarEye−250
The logistics software company cut staff in India, North America and Europe across product, engineering, sales and services.
About the figure: Based on sources.
Logistics & Shipping · Source: Inc42
- MFine−600(75% of workforce)
Bengaluru telemedicine startup let go of most of its staff after running short of funds; it later merged with the diagnostics arm of LifeCell.
About the figure: Figure comes from employees and sources who spoke to Inc42, not a company statement.
Consumer Tech · Source: Inc42
- Cars24−600(6% of workforce)
Used car marketplace cut staff across divisions five months after a 400 million dollar funding round.
E-commerce · Source: TechCrunch
- FrontRow−150(30% of workforce)
The celebrity led learning startup cut mostly sales staff, citing market conditions and more automation.
EdTech · Source: The Hindu BusinessLine
- Mobile Premier League (MPL)−100(10% of workforce)
The mobile gaming platform wound down its Indonesia business and streaming product.
Gaming · Source: The Hindu BusinessLine
- Vedantu−624
The online tutoring company cut staff in two rounds within a month, citing long term sustainability.
About the figure: Two rounds in May 2022: 200 then 424.
EdTech · Source: The Hindu BusinessLine
- Yaari (Indiabulls)−150(60% of workforce)
Indiabulls' social commerce app asked staff to resign within a year of launch and was expected to shut or merge.
E-commerce · Source: Inc42
- Meesho−150
Cut full time roles while restructuring its Superstore grocery service, months after a large funding round.
E-commerce · Source: Inc42
- Unacademy−600(10% of workforce)
The edtech company cut employees, contractors and educators in its test prep business as it aimed for profitability.
About the figure: Includes contract workers.
EdTech · Source: The Hindu BusinessLine
- Shopee (India)number not given
Sea Ltd closed its Indian e-commerce marketplace about six months after launch, saying it saw no long term sustainable growth.
About the figure: Whole country unit closed; no staff count given.
E-commerce · Source: The Hindu BusinessLine
- Furlenco−180
The furniture rental company cut mostly customer support roles after moving orders from phone to its app, ahead of a planned listing.
E-commerce · Source: Inc42
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