A pessimistic funding environment, senseless expansion, tough competition and massive customer acquisition costs*are cited*to be reasons for*the collapse * 2016 could easily be termed as the year of shut-downs and distress when it comes to startups in India. While 2015 was a grant year with a number of startups raising jaw-dropping amounts of investments from...
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The post 5 high-profile Indian startups that kicked the bucket in 2016 appeared first on e27.
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