Why startups rarely wind up legal entity even when they shut operations

Roma-PriyaThe year gone by has been tough for startups. As investors became more driven by profit and unit economics, many emerging companies had to figure out ways to ace up their game, deliver and survive, or to shut down. An analysis by Techcircle.in revealed that at least 32 well-funded technology startups shut down their operations […]

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Exclusive: Online rental marketplace WhatsOnRent shuts shop; returns 50% funding

the-end-1544913_1920Online rental marketplace WhatsOnRent.com, run by Weblevered Technology Pvt. Ltd, has shut down its operations, amidst an inability to raise the next round of funding and a realisation that the business model may not work. “The shutdown was a conscious business decision,” WhatsOnRent co-founder Bharat Goyal told Techcircle. He further added that the company returned […]

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