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Urban Ladder in trouble, co-founder Rajiv Srivatsa resigns

After an internal round in 2018, Urban Ladder failed to raise any substantial funding. The company is under a lot of pressure due to capital shortage and 40% of its workforce has been fired during Q1, 2019. Rajiv Srivatsa, one of the co-founders have now resigned and along with him one of the directors Vani Kola has also resigned from the board with immediate effect. The reason behind their exit is still unknown.