UpScalio, e-commerce roll-up startup, joins layoffs spree

Image Credit: Entrackr
  • UpScalio, an e-commerce roll-up company, has laid off 40% of its employees.
  • This is the first instance of a Thrasio-style startup laying off employees in India.
  • Around 60 employees have been asked to leave.
  • The layoff took place in December.

[Via]