Cars24 to Vedantu, start-up lay-offs accelerate on capital crunch worries

Falling valuations, slowing funding rounds add to woes; move aimed at conserving cash and shore up profitability


Cars24 is just one among a growing list of start-ups like Vedantu, Unacademy and Meesho and others, which have fired employees recently.

Falling valuations, slowing funding rounds and faltering investor sentiment seem to have prompted many start-ups to lay off employees in a bid to conserve cash. The latest to do so

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First Published: May 20 2022 | 6:03 AM IST

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