More cost cuts at Indian startups as funding plummets; LazyPay, Kissht hit by Govt app ban
Faced with a severe fund crunch, big and small startups are now shedding non-core businesses as part of further steps to cut costs. While investors are rethinking the pricing of investments, startups are redrawing business models on road to profitability. Job cuts, meanwhile, are likely to continue, at least in the immediate future.