Recap 2015: Ten startups that lost their way

A bunch of Indian entrepreneurs discovered the rough side of the fancied startup life in 2015. While these ventures showed a lot of promise, they seem to have lost the plot for diverse reasons. Cost cutting became a central theme for ventures that were incessantly burning cash. A few unfortunate one...

Varun Arora

Food delivery startup Eatlo closes operations

Bangalore-based Eatlo Tech Solutions Pvt Ltd, which runs food delivery startup Eatlo, has closed its operations just five months after it raised angel funding from Powai Lake Ventures, Abhishek Goyal of Tracxn Labs and equity crowdfunding platform Globevestor. “We have temporarily closed our opera...