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Pepper Tap, an Indian hyperlocal grocery startup, promised rapid doorstep delivery but failed because its product–market fit was weak, timing placed it against entrenched competitors, and it couldn’t scale fast enough. High customer-acquisition costs
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PepperTap: A Startup's Rapid Rise and Fall PepperTap, an online grocery delivery startup in Gurgaon, experienced a meteoric rise but abruptly shut down within two years due to: * Overexpansion: Rapid growth without a sustainable foundation. * Fina
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Top 15 Failed or Declined Indian Companies 👇 1. Kingfisher Airlines (2012) Cause: Heavy debt, poor financial planning, failed merger with Air Deccan. 2. Satyam Computers (2009) Cause: Major corporate fraud involving falsified accounts worth ₹7
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