Softbank-backed e-commerce platform Meesho turned profitability in July due to a significant rise in its revenue and order volumes. CEO Vidit Aatrey took to social media to share a note.
Meesho Layoffs: The company further said that it is committed to ensuring all those impacted "have our full support and will be provided a separation package that includes a one-time severance payment of 2.5 to 9 months (depending on tenor and designation), continued insurance benefits, job placement support and accelerated vesting of ESOPs"., Companies News, Times Now