Healthtech startup has laid off 150 employees, which is 15-20% of its total employee count. according to the report by Inc42.
The layoffs would be in non-operations roles such as SME, quality analytics, product, and marketing.
Recently, it appointed Dr Shebani Sethi, who is the founder director of metabolic psychiatry at Stanford University School of Medicine, as its chief medical officer.
Healthify Me did not immediately reply to queries until the publishing of this story.
In January 2022, HealthifyMe crossed $50 million revenue run rate and now aims to cross $100 million in Accounting Rate of Return (ARR) within eight months.
Last year, the startup raised $75 million in a Series C round led by LeapFrog and Khosla Ventures to expand to India and South East Asia markets besides making inroads into North America.
