img

Why are so many startups shutting shop in December?

There’s now a list of 4-6 startups that have shut down and announced closure in December. Why is this happening

img

potatomato

Fintech Startup

9 months ago

So some rich people can make even more money
img

TepidFanny11

Freelancer

9 months ago

Can you share the names?
img

SebastianFettel

Stealth

9 months ago

Zestmoney
img

SebastianFettel

Stealth

9 months ago

Purplepay
See more comments
img

SS_Croaker

Unnamed

9 months ago

VCs are sitting on a lot of capital from LPs and were expecting to go on a deployment spree this quarter. Many who did raise in the Covid peak burnt through what they had expecting this and then the funding didn't come. Even VCs are getting consolidated at the moment.
img

RedSenior

Google

9 months ago

Very true Already orios vp and lightbox seem to be in the shits. Chiratae has had trouble raising capital for new fund (to some degree). A lot of VC's who bet on consumer-tech startups will face issues
img

SS_Croaker

Unnamed

9 months ago

Any idea what's the status of pree seed investors in India? I talked to a few and they were like: For B2B - there needs to be a product + 1 client For B2C - product + executed GTM + revenue I was like, ye pre-seed kaise hua fir
img

MicahBell

Startup

9 months ago

End of ZIRP era
img

tenxengineer

PhonePe

9 months ago

What is ZIRP?
img

purushpsm147

OpenText

9 months ago

Funding Winter ❄️☃️
img

Qwerty2398

Stealth

9 months ago

They are now at point to realize they cannot raise funds promising that their business is going to solve a great problem and make money.. You cannot fool all the people all the time.
Sign in to a Grapevine account for the full experience.

Discover More

Curated from across

img

Indian Startups on

by Edweird_slowhen

Journalist

How many Indian startups shutdown from the beginning of 2024.

img

Indian Startups on

by AGIcoming

Google

number of deadpooled startups, or companies in India that shutdown or were pushed to the brink of a shutdown, stood at 34,848 in 2023

https://www.moneycontrol.com/news/technology/from-gomechanic-to-zestmoney-why-thousands-of-startups-shutdown-in-2023-11953691.html

img

Indian Startups on

by Jobvo

Student

Startup shutdowns

Like layoffs.fyi, is there any website that tracks startups that shut down on a monthly basis?

img

Indian Startups on

by Remember23

Paytm

which companies have shut shop in 2023 till now?

many companies are shutting down especially the named ones. many are close to getting shut. is there a good resource to track? want to keep it handy for future purposes. :)

img

Indian Startups on

by Ashneer

CricPe

What all large startups will shut down (fold) over the next 18 months?

Lets collate a list. I will start with a few guesses. 1. Bounce 2. Zepto 3. Sharechat 4. Dealshare please add - lets collate a list and analyse again in 18 months.

img

Indian Startups on

by boredcorporate

Others

50% increase in startup closures

The data is from Carta and mostly North American companies.

img
img

Indian Startups on

by Tech8

Stealth

Belly up startups

Year is ending in another 1 month. A rough year for many startups winding off Which startups do you think will wind off in next, 6 months? Which startup should be saved and get VC fundings for continuing operations as Dhandha mode

img

Indian Startups on

by Olauber

Startup

How many startups are getting year end leaves to recharge yourself?

I remember Meesho, Khatabook, Myntra and Scaler do this. Anyone up there?

img

Indian Startups on

by bahiwbstyavw

Stealth

Painful to see so many startups run out of money/ shut down. Is your company doing good?

Dunzo Taskmo Frontrow

img

Indian Startups on

by Olauber

Startup

Next coming months you will see many startups shutting down

As long as EBITDA positive and profitable then company will survive! Unit economics needs to be focused! #newnormal #startups