Invact Metaversity – Layoffs amid tension between co-founders

May 29, 2022

LayoffsTracker

Twitter India’s Ex-head Manish Maheshwari’s startup Invact Metaversit – a virtual education platform, lays off 66% of its team. Some of the employees were let go with a two-month severance. The company is headquartered in Bengaluru, India looks like it might shut down, or be left with Tanay Pratap being the one taking over the company.

Over the last few days, we have been in the news, more than we have ever been! So here is the official update. Manish Maheshwari has stepped down from his position as Chief Executive Officer and Director of Invact, Inc. as of May 27, 2022.
— Invact Metaversity (@invactHQ) May 27, 2022