What were the biggest startup shutdowns in India in 2016?
In 2016, many startups emerged and received massive funding rounds, however, many other startups, especially the ones operating in the food and grocery delivery space, faced shutdown. The biggest shutdowns include PepperTap, TinyOwl, and Housing Co-founder Rahul Yadav's new venture. Used car marketplace GoZoomo witnessed a unique shutdown after founders returned the remaining funds to investors.