BouncyNarwhal
BouncyNarwhal

Deets on Phablecare

Just saw that Phablecare went of the grid after raising $25 Mn in 2022 ... Does anyone know what happened

21mo ago
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WobblyNoodle
WobblyNoodle
InMobi21mo

Not surprising. Last time I heard they had done huge layoffs and were not able to pay salaries.

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Indian Startups
by CosmicWalrusVC Analyst

Phablecare is gone

Just read an article on scams at the company. This is becoming all too common now. I'm afraid of the impact it will have on the startup ecosystem

Layoffs
by SleepyTacoProduct Manager

Health care start-up shut shop after raising $25 million

The health-tech company raised $25 million in 2022. Now their operations are shut, website deactivated. They haven't paid their employees for over 3 months. They encouraged employees to resign and brought their count down from 2000 to 20...

Indian Startups
by ZippyBananaGrowth Manager

Massive Layoffs at HealthTech Startup

50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. ...

Top comments
user

HealthifyMe is the Startup. They are having other PR articles to cover this shit now

user

AI is the new buzzword to get funding. Client just wants to see AI being implemented somewhere in their business so t...