🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Nandishwar

Stealth • 17h

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!

4 replies6 likes
1
Replies (4)

More like this

Recommendations from Medial

Image Description
Image Description

Chamarti Sreekar

Stealth • 1m

2024’s Startup Graveyard: 12 Indian Startups That Shut Down This Year

3 replies7 likes
1
Image Description

Aravind Saji

 • 

IIITKottayam • 15d

Indian Startup Funding Touches $12 Bn+ In 2024, Stabilizes To 2020 Levels 💸 $12B raised: Indian startups netted over $12B in 2024, up 20% from last year. 💳 Fintech leads: Fintech secured over $2.5B across 162 deals, leading sectoral investments.

1 replies2 likes
Image Description
Image Description

Nawal

Stealth • 4d

Indian startups that shut shop in 2024

15 replies36 likes
20
Image Description
Image Description

Medial Startup Trivia

Stealth • 27d

🚀 2024 In Review: India’s Startup Ecosystem Flourishing Despite Challenges 🇮🇳 🦄 Unicorn Club of 2024: Six New Additions This year, six startups crossed the coveted $1 billion valuation mark, bringing India's total unicorn count to 118. Together

See More
5 replies16 likes
1
Image Description
Image Description

Only Buziness

Stealth • 14d

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

SRI CHARAN REDDY

Stealth • 10m

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

Kanishk Raj

 • 

Medial • 4d

Top News of the day. Related to Startups or Buisnesses Startup hiring: Indian startups are expected to increase hiring by 20–30% in 2025, as funding improves and layoffs decrease. Startup funding: Funding for India's EV sector has decreased by al

See More
1 replies5 likes
Image Description

Shiv Bharankar

 • 

Medial • 4d

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

Ashish Singh

Stealth • 19d

In December 2024, Indian startups raised approximately $1.19 billion across 73 funding rounds. Notable fundraisers include: - Rebel Foods : $210 million. - Mintifi : $180 million. - Vastu Finance : $100 million. - Zetwerk : $70 million. - Captain Fr

See More
1 replies4 likes

Kolkata Index

 • 

West Bengal Tourism • 16d

Indian Startups Raise Over $44 Million in Recent Funding Round: EPACK Prefab Leads the Charge Between December 23 and December 27, 2024, Indian startups collectively raised over $44 million across various sectors, with EPACK Prefab leading the way b

See More
0 replies1 like

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