Eight tech startups that closed operations this fortnight

New ideas/global replicas, funding, scale up and shut downs have now become part and parcel of the Indian startup story. Almost every sub-sector in the tech startup space – e-commerce, cab aggregation, food-tech, grocery delivery – has seen the emergence of copycat business models followed by th...

Varun Arora

Exclusive: Laundry service platform Flashdoor gets angel funding

On-demand laundry service platform Flashdoor has raised an undisclosed amount in angel funding led by former Flipkart executive Sujeet Kumar. Flipkart chief business officer Ankit Nagori and Traxcn Labs also put money in the round, Ankit Agarwal, co-founder of Bangalore-based Flashdoor Internet Serv...