Sequoia-backed gold loan provider Rupeek lays off 200 people to cut costs
Image Credit: Inc42
Bengaluru-based gold loan provider Rupeek has laid off around 200 people from its workforce across multiple teams. A Rupeek spokesperson said, “With deep regret, we have taken the difficult decision to part ways with 10-15% of the employees.” This pegs Rupeek’s workforce at around 1300-2000 people. However, the startup’s LinkedIn page says it has 1,249 employees.