India, Nov. 12 -- Delhi NCR-based gaming startup Zupee has nothing more to lose. For one, it laid off its entire workforce of 80-100 employees in October this year, marking the third and final round of layoffs. Then, its announcement of a pivot towards AI has failed to see the light of day.

According to sources, the startup has provided severance pay to the affected employees, covering the period until January 2027, and its October pivot was a veiled attempt to present the impending closure.

The final round of layoffs coincided with Zupee's public announcement of its foray into AI, Inc42 has learnt. On October 16, the startup said it was positioning its existing technological capabilities as the foundation for its AI ambitions. However,...