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AprameyaAI • 1y

Weekend bash was full of General Elections, IPO, Layoffs and funding - Startups seeking advice on IPO timing amid market volatility. - Simpl, a consumer credit startup, lays off 30 employees and restructures senior leadership. - Startups adopt new hiring strategies, focusing on lower-salaried junior staff to cut costs. - Testsigma raises $8.2 million led by MassMutual Ventures. - Cisco launches a $1 billion AI fund and makes its first investments. - Deep tech startup policy likely in the forthcoming Budget. - Startup funding in May rises 62% on year to $817 million. - Vegapay raises $5.5 million from Elevation Capital. - Services replaces edtech as the most popular sector among student founders. - Startups drive job growth for freshers, according to Foundit Insights Tracker.

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