In the past few years, India experienced its biggest-ever startup boom, with entrepreneurs founding thousands of companies. The US site, set up in 2000, was a parody of the magazine Fast Company and chronicled the dot-com collapse. "The Deadpool list is a sign of the times," said Neha Singh, co-founder of Tracxn.F**ked Company gave people a public forum for discussion as venture money dried up and startups crashed. The Deadpool list shows that, besides the innovative players, there are scores of copycat companies, especially in e-commerce and other categories favored by venture capitalists. Revenue was a challenge however and it closed earlier this year.Founders of a dozen other prominent Deadpool startups declined to comment for this story.Even for those that have gained significant market share, success is not guaranteed.

Source: Economic Times August 24, 2016 04:24 UTC