India, June 22 -- Delhi NCR-based commercial vehicle marketplace 91Trucks has laid off 30% of its workforce in a restructuring exercise and withdrawn from the Central and South Indian markets.

According to an internal note sent by cofounder and CEO Siddharth Sharma, the startup's decision to pull out from these markets impacted 20% of its employees.

Inc42 has accessed the note, which also said that the startup now plans to scale its business in North India. For this, 91Trucks has partnered with two leading dealerships.

"We are entering into strategic tie ups with two leading dealerships in North India who constitute a decent percentage of OEM sales as their preferred exchange partners," the note added.

The internal note came after a r...