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. :)
Zombie startups - Startups that have messed it up already. They are alive but just biting their time. Doom is inevitable for these startups in a few months
I will name a few
Sharechat Khatabook Apna Zepto Dealshare Frontrow Udaan
Please name more. It will help our brothers and sisters to avoid these startups as employers
Dukaan probably.
I drive past their Their office in HSR daily , and it looks extremely deserted.
zombie literally lol
Haha I agree on this
Glance. No one wants that shit on their phone, only leadership circle jerks calling it lock screen revolution.
Leadership said we don’t want to be ecomm after realising they can’t sell shit via social commerce changed it like every other ecomm.
This is what happens when you let consultants run a company.
MBA consultants will now go after you
Have a close friend who used to work there. There’s so much disconnect between different teams, ego clashes all around and execs who have no fucking clue what to do. What’s hilarious is that their shit doesn’t even work properly on a majority of devices it’s deployed on, and they don’t even seem to know/detect this???
Vauld. The only person who made money in that scam is Bhatija (CEO). paid his sister over 1.6cr for office renovation. The office looks size is probably 1 bhk house. Lot of shady things inside that firm.
full on scam
Ashneer Grover?
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. :)
Lets collate a list. I will start with a few guesses.
please add - lets collate a list and analyse again in 18 months.
Over estimated Indian small merchant. They don't pay a Penny extra to even their families.
Will these cash burning companies just continue raising money and biding time or will they implode soon? Not well informed on this, genuinely want to know how this works And what happens to their 1000s of employees
Majority of Indian startups has toxic work culture and the same is not true for any US or Europe based startup. Indian startups just copy paste ideas from the west and apply it to Indian context. We don't have original product barring fe...