More layoffs at Krutrim; PhonePe vs Paytm

Happy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Dispatch.

Also in the letter:

■ Deepinder Goyal's Temple eyes big raise

■ IIT Madras director on new task force

■ Kaynes' expansion plans

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^{Krutrim trims staff again, this time by another half}