Edtech startup Cuemath lays off 100 more employees

Edtech startup Cuemath has laid off 100 more employees in order to reduce costs due to a challenging macroeconomic environment and a funding winter

The Bengaluru-based startup offers an online math learning platform for K-12 students

Last June, the edtech startup raised $57 million in funding from Alpha Wave Global at a valuation of $407 million

Cuemath CEO Manan Khurma, said that the company had worked hard to avoid the outcome of the layoffs, but unfortunately it was inevitable