failedStartup

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The technologies behind Virtual and Augmented reality are advancing at a fast pace and there is a lot of hype in the sector. However, the business models to leverage the emerging technologies are yet to mature. Despite advances in virtual reality technology and plenty of hype, the medium has yet […]

AR startup Daqri is shutting down

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The South Korean exchange recently announced it would stop operations due to financial difficulties.  The founder said: “Due to negative internal and external influences, management difficulties could not be overcome and normal operation became impossible.” Prixbit explained that it had worked hard to deal with hacking, money laundering and voice phishing. […]

South Korean Crypto Exchange Prixbit Shuts Down

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Vreal, a Seattle-based Virtual Reality startup announced that it was shutting down. According to techcrunch, the startup, which was founded in 2015, spent VR’s most hyped years building out their live-streaming tech. The Seattle startup raised cash from investors including Axioma Ventures, Upfront Ventures and Intel Capital. Vreal raised an […]

VR Broadcasting Startup, Vreal Shuts Down

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The Chicago, IL based startup Mac & Mia,  that was shipping stylist-selected kids clothes announced that it has shut down. The founder Marie Tillman made the announcement  on its website stating that “the time has come for us to say goodbye.” Tillman added  “I’m deeply grateful for those who have been on the […]

Kids’ Clothing Startup Mac & Mia Shuts Down

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Call9, a startup that provides telehealth services for the nursing home industry, is shutting down operations. The company raised $34 million in venture capital but struggled to secure additional funds to scale its business and manage the high cost of running a digital healthcare firm. The company’s co-founders — Celina […]

Startup Call9 shutting down telehealth services to nursing homes

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Here is a list of startups that shut down in June 2019 Ahead Of Indian Crypto Bill, Crypto Exchange startup Koinex Shuts Down – The Indian government’s war on cryptocurrency has claimed a latest victim – the Mumbai-based cryptocurrency exchange and trading platform, Koinex announed that it is shutting operations. […]

Startups shutdown list June 2019 – RIP

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The Indian government’s war on cryptocurrency has claimed a latest victim – the Mumbai-based cryptocurrency exchange and trading platform, Koinex announed that it is shutting operations.  Earlier this month, an Indian government panel reportedly recommended banning bitcoin, along with blanket ban on the sale, purchase, and issuance of cryptocurrencies in the country. Koinex […]

Ahead Of Indian Crypto Bill, Crypto Exchange startup Koinex Shuts ...

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Mumbai-based task management service startup RUSSSH recently announced that it was shutting down. Russsh.com was India’s first trusted online errand running service company and since 2012 it had grown to a workforce of 150. The only errand-running and delivery service in Mumbai, RUSSSH, began as GetMyPeon, before it rebranded as RUSSSH […]

Task management startup RUSSSH shuts shop

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According to recent reports, the Bengaluru based social commerce startup Wooplr is shutting down after merger talks fell through. The company’s profile indicates that the online venture was  designing a Network as a A free & easy way to start an online store, Wooplr today empowers 200,000+ store owners to earn […]

Fashion discovery Startup Wooplr Shuts Down As Merger Talks Fall ...

 in failedStartup  tagged Accelerators / AI / amazon / business model / consulting / contract management / delivery service / digital / digital innovation / digital technologies / digitization / eCommerce / entrepreneur / EV / franchise / incubator / investments / lessons / mega deal / opportunity / small business / smartphone / Startup / vc by
Utrip, a Seattle-based trip-planning startup announced that it is ceasing operations. The startup was founded in 2011, and aimed to offer free AI based itinerary-planning tools to consumers. Users could enter information about their travel and activity preferences and Utrip would recommend schddules to plan their trip. Utrip made money by […]

Seattle based travel planning startup Utrip shuts down

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