Silent layoffs - BharatPe
Is this true?
Their consumer lending app has been pretty much shut for a while and tough competition fused with frequent management diktats seems to indicate that this might be true.
Heard from a few employees in Jar that they are reducing their headcount silently and asking employees to move out. They recently lost their biggest NBFC partner Appollo, is Jar facing financial issues?
They are very well funded and have enough capital. Look at entrackr number.
Growtt may have stagnated which is shown by their bet on new product nek.
Well they only got around $8 millions only and looking at current structure and revenue i.e equivalent to 12 months of runaway
So I'll say they are not well funded anymore
Damn
Is this true?
Their consumer lending app has been pretty much shut for a while and tough competition fused with frequent management diktats seems to indicate that this might be true.
Hearing rumours that they are raising more money while the culture keeps detonating, many are fired and many have left with no product roadmap clarity
Their consumer lending app has been pretty much shut for a while and tough competition fused with frequent management diktats seems to indicate that this might be true.
A subsidiary of Paytm, it has been hit by a string of exits in Senior leadership in last 6 months CFO: Amit Kapoor, gone Head of Mutual Funds: Nisharg Golash, gone Head of Product: Manish Reddy, gone Head of Growth: Sourav Choraria, gone...