ReshaMandi Cuts 80% of Workforce Due to Funding Shortfall: Report
In a stark reminder of the volatility within the start-up ecosystem, Bengaluru-based ReshaMandi, a promising B2B marketplace for the textiles and fashion industry, has laid off 80% of its workforce following a failed attempt to secure Series B funding. This drastic reduction highlights the severe financial strain the company faces. Financial Struggles and Layoffs The…