Start-ups raise Rs.9.6 bn in 2023, says report – The Asian Age – Delhi

Layoffs and shutdowns, once again, saw an upward trend in November. More than 850 employees were laid off in the last month as compared to 500 in October. Two ed-tech start-ups Byju’s and Physics Wallah collectively fired 720 employees. Gaming streaming company Loco also fired 40 employees.