Startups shut down and pivot as funding slowdown persists
A slowdown in funding across the startup ecosystem has resulted in a number of early-stage firms either shutting operations or pivoting their business models from the consumer segment to the business segment. The startups belonging to sectors such as logistics, marketplace for grocery delivery and road transport have especially reeling under the funding crunch.
Here's a list of startups that have either shut operations or pivoted business model over the last month:
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