Skip to main content
← back
Informative

Exclusive: Z47-backed GenWise lays off 20% of workforce

Update / Judgement Date

05 May 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

Start-Up & DPIIT

Edtech startup Genwise, backed by Z47 Ventures, has reduced its workforce by 20% as part of restructuring efforts to optimize costs. The company, which specializes in upskilling programs, is making these cuts to extend its financial runway. These layoffs mirror broader challenges facing the edtech sector following the post-pandemic cooling of demand for online education services.