The total staff strength - once 1,100 - is now under 200.
Questions were asked about the recent round of funding in which it raised Rs 50 crore but there was no answer.
The layoffs will be restricted to the Indian business.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
After electronics and fashion, the next retail segment is food business.
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Ola's rival Uber is trying to set up a local engineering centre in Bengaluru.
Last year, Zomato was in the news for reportedly dismissing 250-300 employees.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
The Tiger Global-backed company says the layoffs would affect all teams.
These workers have been asked to undergo a 30-day performance improvement plan.
After a recent spate of big-bang funding of food discovery and delivery apps, experts believe the sector's consolidation might be over and the remaining players are here to stay and thrive.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
Start-ups, especially the e-commerce players, are either staying away from these campuses or recruiting in much smaller numbers than last year
One of the reasons behind the changing trend is that the applicants are spoiled for choice
With future prospects being difficult to predict, hiring for a short period is proving to be cost-effective
Start-ups have begun looking at ways to conserve cash.
The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side
Higher advertising spends to grab customer eyeballs take a toll on startups across segments
Start-ups that did not have a business model and, hence, could not grow or attract new funding, are shutting shop.
'Shape up or ship out' message has been loud and clear across the new-age companies in the stressed market conditions
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Zomato, the India-based global restaurant search and discovery business entity, has accelerated plans to get into new products like online food ordering.
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