The layoffs were announced Friday in an update to a CNN profile of Roomi’s founder Ajay Yadav and the startup. The company said a “round of funding it had anticipated fell through,” which ...

Ajay Yadav, 33, is the co-founder and chief operating officer at Simplified, a competitor to Canva, which has recently raised $2.2 million in seed funding. Yadav, who moved to the U.S. at age ...