Summary
ReshaMandi faces collapse after laying off its entire workforce amid severe financial struggles and governance issues. The company’s website has been down for a week, and its auditor resigned last month. Despite raising over $50 million, it failed to secure additional funds. The firm’s dramatic fall from projected Rs 1,900 crore revenues highlights its deep crisis. #reshamandi #business #collapse #financial #startup #struggles #india #layoff #shutdown
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