Kalaari Capital-backed Eatfresh shuts down retail food delivery

For-Eatfresh-Story_stop-shield-traffic-sign-road-sign-39080Internet-first restaurant brand Eatfresh, owned and operated by Chennai-based Ubiquitous Foods Pvt Ltd that also runs the bakery chain Ovenfresh, has shut down its retail food delivery services. According to a message on the website, the company has stopped its on-demand meal delivery service, but will continue to take bulk orders. “Dear customers, we no […]

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Exclusive: On-demand hyperlocal marketplace GetNow pulls down shutters

closedNagpur-based hyperlocal marketplace for groceries, electronics, mobiles, computers, home and office supplies, GetNow.at, has closed its operations. The startup has also laid off eight employees in the process. Shailesh Deshpande, co-founder, GetNow.at confirmed the development to Techcircle. He said the company is thinking about a pivot and is also open to the option of a […]

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Eight tech startups that closed operations this fortnight

StartupNew ideas/global replicas, funding, scale up and shut downs have now become part and parcel of the Indian startup story. Almost every sub-sector in the tech startup space – e-commerce, cab aggregation, food-tech, grocery delivery – has seen the emergence of copycat business models followed by the inevitable struggle for survival. In a little over […]

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Exclusive: MCube Capital invests in food-tech startup Eatonomist

EatonomistReady-to-cook meal delivery platform Eatonomist, which is run by Fitmeal Solutions Pvt. Ltd, which runs, has raised an undisclosed amount in seed investment from MCube Capital Advisors Pvt Ltd, as it tries to enhance operations, a top company executive told Techcircle.in. The Gurgaon-based startup will use the capital for marketing and building brand. “We have […]

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Exclusive: Laundry startup Flashdoor closes operations

Flashdoor-Flashdoor, a Bangalore-based on-demand laundry service platform, has pulled down its shutters. This comes just a few months after it raised funding from former Flipkart executives Ankit Nagori and Sujeet Kumar. Confirming the development, Flashdoor co-founder Ankit Agarwal told Techcircle.in that the startup experimented with various business models before it decided to close down operations. […]

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