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Simpl lays off 80-100 employees after RBI crackdown

Simpl lays off 80-100 employees after RBI crackdown

03 Oct 2025, 13:19 PM

The layoffs came just days after the Reserve Bank of India (RBI) ordered Simpl to immediately stop its payment system operations.

RBI orders BNPL player Simpl to stop payment operations

RBI orders BNPL player Simpl to stop payment operations

25 Sep 2025, 20:29 PM

Simpl has been asked to immediately stop its payment system operations, citing violations of national payment laws.

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

25 Jul 2025, 12:17 PM

The ED has filed a complaint against Simpl and its founder Nithya Nand Sharma for allegedly violating FEMA provisions.

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