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Velocity layoffs — September 15, 2023

Velocity, a finance company based in India, announced a round of layoffs on September 15, 2023. At the time, the company was at the Series A stage. The layoff was reported by this source.

Company
Velocity
Employees laid off
Not disclosed
Date
September 15, 2023
Industry
Finance
Country
India
Company stage
Series A
Total raised (pre-layoff)
$30M

Source: https://inc42.com/buzz/exclusive-revenue-based-financing-platform-velocity-lays-off-around-14-workforce/

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