Dotcom deadpool returns as India’s start-up boom turns to bust - News Summed Up

Dotcom deadpool returns as India’s start-up boom turns to bust


Photo: iStockphotoIn the past few years, India experienced its biggest-ever start-up boom, with entrepreneurs founding thousands of companies. The India list, compiled by Tracxn Technologies Pvt, identifies nearly 800 fading or dead startups in almost every segment of technology, including e-commerce, online education and mobile software. “The Deadpool list is a sign of the times,” said Neha Singh, co-founder of Tracxn. The Deadpool list shows that, besides the innovative players, there are scores of copycat companies, especially in e-commerce and other categories favoured by venture capitalists. Founders of a dozen other prominent Deadpool start-ups declined to comment for this story.


Source: Mint August 24, 2016 08:37 UTC



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