OtherIN

GenWise Layoffs

December 2025

GenWise announced a layoff affecting 0 employees (100% of its workforce) in December 2025. The company operates in the Other sector.

People Affected

Percentage

100%

Announced Date

Dec 9, 2025

About

GenWise, a Z47-backed lifestyle app startup focused on India's senior citizens, has shut down operations, resulting in layoffs for most of its approximately 20-person team. This follows an earlier workforce reduction of about 20% in May. The closure, announced by cofounder and CEO Nehul Malhotra, who cited a pause in active operations to evaluate strategic options like a potential buyout, highlights the challenges of monetizing digital products for older users in India. Despite raising $3.5 million in seed funding and gaining over 30 lakh users, the company reported significant losses, including a net loss of INR 12.1 crore against revenue of INR 1 crore in FY25, underscoring its struggle with adoption and sustainable business models.