1. Peak XV-Backed Apna Mart Trims Workforce by 10% in First Layoff Round; Relocates Tech Operations to Gurugram
Peak XV-backed quick commerce startup Apna Mart has executed its first major workforce reduction, laying off approximately 10% of staff as it consolidates operations in Gurugram. Sources indicate the cuts affected 35 to 40 employees across multiple functions, with some roles rendered redundant due to AI adoption while ...