91Trucks cuts 30% of staff, retreats from South and Central India to defend North
The Arkam- and Titan Capital-backed commercial vehicle marketplace has laid off 30% of its 200-plus workforce and pulled out of Central and South Indian markets. It will refocus on North India via dealership tie-ups, after raising just $5 Mn in a CV market projected to hit $84 Bn by 2034.
Commercial vehicle marketplace 91Trucks laid off 30% of staff and exited Central and South India markets, refocusing on North India through dealership tie-ups. Headcount remains above 200; startup has raised $5 Mn from Arkam, Titan Capital.
Why this matters
91Trucks' retreat marks a sharp pullback for an Arkam- and Titan Capital-backed CV marketplace, exposing how thin $5 Mn in funding stretches across a market projected at $84 Bn by 2034.
Retail-company activity steady at 3,455 signals over the last 90 days.
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