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Vikas Acharya
•

Medial • 11m

In 2024, several Indian startups shut down due to funding shortages, unsustainable business models, and market challenges. 1. Kenko Health: Insurtech startup shut in August after running out of funds and facing legal issues with a debt fund. 2. Koo: Rival to Twitter, ceased in July due to high tech costs and failed partnerships. 3. Toplyne: Sales software provider closed in October after failing to achieve product-market fit. 4. My Tirth India: Spiritual tech firm shut in August following a funding crunch after its mentor Subrata Roy's demise. 5. Bluelearn: Edtech platform closed in July, returning 70% of funds to investors after struggling in the market. 6. Stoa School: MBA-focused edtech firm shut in November without disclosed reasons. These closures reflect the challenges startups face in scaling sustainably amid economic pressures.

12 Replies

Replies (12)

Anonymous 4

Hey I am on Medial • 11m

Key lesson: 18-month runway minimum in this market. Cash is oxygen.

1 Reply

VAISHAK S

#byono • 11m

message me if anyone would like to be the co founder

1 Reply

Anonymous 1

Hey I am on Medial • 11m

Funding winter is brutal. 90% were burning cash without clear path to profit.

1 Reply

Rahul Kumar

Hey I am on Medial • 11m

if you have not good strategy and product so you can't survive in market.

1 Reply

Anonymous 3

Hey I am on Medial • 11m

Toplyne product was solid. Enterprise sales cycles killed them.

1 Reply

VAISHAK S

#byono • 11m

yes bro but I have a plan to get byono

Anonymous 2

Hey I am on Medial • 11m

Stoa, Bluelearn prove edtech bubble burst. Only bootcamps surviving.

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