Multiple startups are facing cash-crunch and employees are suffering because of mismanagement and failure of management to either create a sustainable startup or failure to raise money. Would you stick with a startup if it runs out of cash?
2 replies5 likes
Udaynarayan Kar
Entrepreneur • 3m
investment firm
min investment 1 lakh
annually return 66%
Here’s a quick list of failed Indian startups:
1. Zilingo – Shut down due to financial mismanagement.
2. Fynd – Failed due to stiff competition and unsustainable profits.
3. Katerra India – Shutdown due to poor execution and market adaptation is
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