Why startups rarely wind up legal entity even when they shut operations

Roma Priya

The year gone by has been tough for startups. As investors became more driven by profit and unit economics, many emerging companies ....

2 January, 2017

Exclusive: Online rental marketplace WhatsOnRent shuts shop; returns 50% funding

Varun Arora

Online rental marketplace WhatsOnRent.com, run by Weblevered Technology Pvt. Ltd, has shut down its operations, amidst an inability ....

14 November, 2016
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Exclusive: Bike taxi startup Hey Bob shuts down

Dearton Thomas Hector

Hey Bob, Bengaluru's first bike taxi startup, has shut down after failing to raise fresh funding. "Yes, it has shut down," co-founder ....

15 September, 2016

US digital lifestyle content firm Mode Media shuts down

Dearton Thomas Hector

Mode Media Corp, a Silicon Valley-based lifestyle content company founded by Indian-American Samir Arora, has shut down, a media ....

16 September, 2016

Exclusive: Online truck aggregator TruckSumo shifts business model

Nishant Sharma

Hyderabad-based truck aggregator TruckSumo.com has shut down its online operations, a person privy to the development told Techcircle.in. The ....

29 August, 2016

Ola shuts TaxiForSure unit, lays off up to 1,000 people

Manu P Toms & Binu Paul

Cab-hailing company Ola has shut its TaxiForSure unit and is laying off as many as 1,000 employees, as the SoftBank Group Corp-backed ....

16 August, 2016
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Exclusive: B2B marketplace Omnikart shuts shop, co-founder joins Industrybuying

Nishant Sharma

Omnikart, its B2B marketplace for industrial equipment, has closed operations due to disagreement between its two co-founders ....

4 August, 2016

Exclusive: Matrix Partners-backed home products marketplace Zimply shuts shop

Nishant Sharma

Matrix Partners-backed mobile marketplace for home décor and interior designing products, Zimply, has shut down its operations, ....

28 June, 2016

Exclusive: Chef Sanjeev Kapoor-backed home food delivery startup ZuperMeal shuts shop

Nishant Sharma

Home food delivery startup ZuperMeal has apparently closed down its operations eight months after it raised seed funding. The ....

27 May, 2016

Helpchat shuts chat service, lays off staff

Varun Arora

Personal assistant app Helpchat has closed its chat services and laid off most employees working in those operations, its founder ....

26 May, 2016
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Exclusive: Food-tech startup MealHopper halts operations

Varun Arora

MealHopper, a startup which connected local cooks with users for homemade meals, has run into rough weather in the latest instance ....

18 May, 2016

Online apparel rental platform Klozee shuts down; co-founders join Livspace

Arti Singh

Online apparel rental platform Klozee, operated by Bangalore-based Humble Egg Technologies Pvt. Ltd, has shut down just seven ....

13 May, 2016