Rental startup What's on Rent shuts down, returns 50% funds
Amidst the inability to raise the next round of funding, Bengaluru-based online rental startup What's on Rent has announced to shut down and return over 50% of raised seed funding to its investors. "The shutdown was a conscious business decision...changing the consumer behaviour that renting makes more sense was a big deal", said the startup's Co-founder Bharat Goyal.