Mumbai-based home services startup Taskbob shuts down
Mumbai-based home services startup Taskbob, which raised ₹38 crore from IvyCap Ventures and Orios Venture Partners, shut down on Thursday after two years of operations. Taskbob's Co-founder Aseem Khare in an email wrote, "A solid business is created only by building scalability & profitability. To achieve those in a low margin business and a tough external market proved unexpectedly daunting".