Back to feeds

Nandishwar

Stealth • 1m

12 Indian Startups That Shut Down in 2024 – What Went Wrong? 💔 While the startup ecosystem witnessed unicorn success, 2024 also saw the unfortunate shutdown of 12 startups, despite millions in funding. Let’s take a closer look: Startups That Called It Quits 1️⃣ Koo: Social media giant raised $50M, yet couldn’t sustain. 2️⃣ Toplyne: Enterprise tech startup, funded $17.5M, struggled to find footing. 3️⃣ Kenko.: Healthtech with $13.7M funding couldn’t stay afloat. 4️⃣ Bluelearn: Edtech raised $3.95M, but faced operational challenges. 5️⃣ Muvin: Fintech player with $4M funding shut its doors. 6️⃣ Smaller startups like GenStaq.ai, Stoa, and others faced similar fates. Why Does This Happen? Despite innovative ideas and solid funding, many startups fail due to poor scalability, market mismatch, or high burn rates. 💬 Which of these closures surprised you the most? Let’s discuss what lessons future founders can learn! 👉 Follow us for startup trends and stories!

11 replies12 likes
2
Replies (11)

More like this

Recommendations from Medial

Image Description

Havish Gupta

Stealth • 1m

Why do some startups fail despite having funding and innovative ideas?

1 replies2 likes

Mahendra Lochhab

Stealth • 23d

30 Indian Startups Raised $250 Million In Funding Last Week

0 replies3 likes
Image Description
Image Description

Only Buziness

Stealth • 1m

Precautions for startups On our daily life we listen or read about the startups got funding or facing the loses despite of working very hard to success the company many startups still get shut down , alone in India 2024 the number of startups shut

See More
6 replies2 likes
Image Description
Image Description

Krunal Oza

Stealth • 10m

Guys can anyone tell me what are some of the problems being faced by startups when trying to raise funding?

3 replies5 likes
Image Description

Venkat

Stealth • 1m

Anyone raised funds here for there startups ? if yes can you introduce to investors as we are looking to raise funding !

1 replies3 likes
1

Udyamee

Stealth • 8m

Too many funding announcements today. This week is going to be big in terms of startup funding. In May, Indian startups raised 1.3 billion dollars, the highest amount this year. Do you think the funding winter for Indian startups is coming to a

See More
0 replies6 likes
2
Image Description

SRI CHARAN REDDY

Stealth • 11m

What's Happening in Indian Ecosystem!!🧐🧐 Indian startup ecosystem aims for recovery post-2023 challenges with innovation and govt. support. Optimism for 2024 despite funding declines; India ranks third globally with 99,000+ startups and 108 unicor

See More
2 replies3 likes
Image Description

Shiv Bharankar

 • 

Medial • 1m

lndia's startup scene is booming with over 157,000 startups and billions in funding, but here's the reality check over 5,000 startups shut down in 2024 alone, with Maharashtra leading at 929 closures. Despite a 6.5% funding dip in 2024, investments s

See More
2 replies3 likes
Image Description

Asifur Borbhuyan

Stealth • 8m

Indian startups raised $800.5 Mn in 29 deals this week, an increase of 296% from last week's $201.8 Mn raised across 21 deals Buoyed by Zepto' mega $665 Mn funding round, consumer services dominated sectoral funding charts this week Peak XV Partner

See More
1 replies4 likes
Image Description

Mahendra Lochhab

Stealth • 1m

According to DPIIT, after April 1, 2016, startups registered under Startup India have so far raised a total funding of $115 billion. Before 2016, this number was $8 billion.

1 replies2 likes

Download the medial app to read full posts, comements and news.