Corporate expense management platform Happay, owned by credit Card bill payment provider CRED, has cut nearly 35 per cent of its workforce. The job cuts are reportedly part of a restructuring exercise. Founded in 2012, Happay provides travel and expense management software to corporates and a corporate credit card stack to businesses. It was acquired by Cred in the year 2021 for $180 million. According to its LinkedIn profile, the startup has more than 450-500 employees.source https://timesofindia.indiatimes.com/gadgets-news/cred-owned-happay-lays-off-35-of-its-workforce-these-are-the-teams-likely-affected/articleshow/100263741.cms
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