India has the third biggest startup ecosystem on the planet with
several excellent business models, splendid thoughts and unicorn companies.
Despite the fact that India has the greatest startup network
in the world, 4 out of 5 Indian new companies flop because of absence of an
adaptable plan of action, absence of capital and wrong activity.
Most of the startups failed and were forced to shut down with
in the first 5 years of their inception.
10 Failed Indian Startups 2019
#1 Wooplr
Founders: Arjun
Zacharia and Ankit Sabharwal
Founded
In:
2013
Business
Category: Social commerce platform
Shut
down Reason: Negotiations for a merger fell through
Closed
In:
May 2019
#2 Doodhwala
Founders: Aakash
Agarwal and Ebraham Ali Akbari
Founded
In:
2015
Business
Category: Subscription-based hyperlocal delivery startup
Shut
down Reason: Failure to raise follow-on funding
Closed
In:
October 2019
#3 Russsh
#4 Koinex
#5 Cryptokart
#6 Buttercups
#7 Doctalk
#8 Tinmen
#9 Loanmeet
#10 Zopnow
#3 Russsh
Founders: Bharat
Ahirwar
Founded
In:
2012
Business
Category: Errand-running and delivery service
Shut
down Reason: Lack of capital to offer heavy discounts against
competitors
Closed
In:
June 2019
#4 Koinex
Founders: Rakesh
Yadav, Rahul Raj and Aditya Naik
Founded
In:
2017
Business
Category: Facilitated real-time trading of multiple cryptocurrencies
Shut down
Reason: Lack/delay of the regulatory framework for cryptocurrencies
Closed
In:
June 2019
#5 Cryptokart
Founders: Gaurang
Poddar and Mihir Modi
Founded
In:
2017
Business
Category: Cryptocurrency exchange firm
Shut
down Reason: No clarity over policy frameworks
Closed
In:
July 2019
#6 Buttercups
Founders: Arpita
Ganesh
Founded
In:
2013
Business
Category: Online lingerie startup
Shut down
Reason: Reasons unknown
Closed
In:
September 2019
#7 Doctalk
Founders: Krishna
Chaitanya Aluru, Akshat Goenka and Vamsee Chamakura
Founded
In:
2016
Business
Category: Messaging app for doctors and patients
Shut down
Reason: Unsuccessful pivot
Closed
In:
June 2019
#8 Tinmen
Founders: Mukesh
Manda and Chaitanya Degala
Founded
In:
2015
Business
Category: Home-cooked food for working professionals
Shut
down Reason: Failed to raise additional capital
Closed
In:
December 2019
#9 Loanmeet
Founders: Sunil
Kumar and Ritesh Singh
Founded
In:
2016
Business
Category: Enabling working capital requirements
Shut
down Reason: Failure to raise more capital
Closed
In:
May 2019
#10 Zopnow
Founders: Mukesh
Singh and Bal Krishna Birla
Founded
In:
2011
Business
Category: Online grocery delivery
Shut
down Reason: Unable to grow and raise capital
Closed
In:
March 2019
1 Comments
Look at the way my pal Wesley Virgin's tale starts in this SHOCKING AND CONTROVERSIAL video.
ReplyDeleteYou see, Wesley was in the army-and shortly after leaving-he unveiled hidden, "self mind control" tactics that the CIA and others used to get anything they want.
These are the same methods many celebrities (especially those who "became famous out of nowhere") and top business people used to become wealthy and successful.
You've heard that you only use 10% of your brain.
Really, that's because most of your brainpower is UNTAPPED.
Maybe this conversation has even taken place INSIDE your own head... as it did in my good friend Wesley Virgin's head 7 years ago, while riding a non-registered, beat-up trash bucket of a car without a driver's license and with $3 in his pocket.
"I'm very fed up with going through life paycheck to paycheck! When will I finally make it?"
You've been a part of those those conversations, ain't it so?
Your success story is going to be written. All you have to do is in YOURSELF.
Take Action Now!