India: Paisabazaar lays off over 1,500 employees to cut costs amid Covid crisis

India: Paisabazaar lays off over 1,500 employees to cut costs amid Covid crisis

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Digital lending marketplace, Paisabazaar, part of Softbank Group-backed PolicyBazaar, has laid off more than 1,500 employees to cut down costs as the digital lending industry continues to reel under the impact of covid-19, according to three people aware of the development.