ReshaMandi Reduces Staff by 80% Owing to Funding Shortage

Bengaluru-based ReshaMandi, a potential B2B platform for the textile and fashion industries, lay off 80% of its personnel after an unsuccessful attempt to acquire Series B funding, serving as a sobering reminder of the instability within the start-up environment. This significant cut demonstrates the extreme financial hardship the business is experiencing. Financial Struggles and Layoffs…

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