- According to rumours, B2B startup Udaan sacked 300–350 employees in order to boost productivity and turn a profit.
- Since the company laid off 180–200 workers in June, this is the second round of layoffs this year.
- Days before to the most recent wave of layoffs, the company, which is financed by Lightspeed Venture Partners, received $120 million from current owners and bondholders in convertible notes and loans.
