Zupee Joins Peers, Axes 170 Jobs

Zupee is laying off around 170 employees, nearly 30% of its workforce, as part of a restructuring exercise following the ban on real money gaming

The startup has rolled out a support package for the impacted staff, including providing up to six months pay for long-serving employees, extended health insurance, and access to INR 1 Cr medical support fund

The layoffs come days after Inc42 reported that Zupee is adding short video content to its offerings following the ban on its real…