All hyperlocal startups went ahead to capture more and more cities without bringing any operational efficiency which eventually led to their failure, they say PepperTap, one of the heavily-funded hyper-local delivery startups in India, has just gone off the market. In a blog post, the co-founders claimed the huge customer acquisition cost (read discounts offered...
The post Did investor pressure and mindless expansion lead to PepperTap’s ‘untimely demise’? appeared first on e27.
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The post Did investor pressure and mindless expansion lead to PepperTap’s ‘untimely demise’? appeared first on e27.
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