Shutting shop: A roundup of Indian startups which couldn’t survive 2025

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2025 turned out to be relatively benign for India’s startup ecosystem. Only about 730 firms shut down this year, a sharp decline from the 3,903 closures recorded in 2024. As of now, the Department for the Promotion of Industry and Internal trade (DPIIT) portal shows there are more than 2.06 lakh startups in India.

However, some of the startups that shut shop this year were big names in their space. Here is a lowdown on the key startups that went out of business in 2025.

BluSmart

Founded in 2019, BluSmart set out to challenge India’s ride-hailing…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Shutting shop: A roundup of Indian startups which couldn’t survive 2025



2025 turned out to be relatively benign for India’s startup ecosystem. Only about 730 firms shut down this year, a sharp decline from the 3,903 closures recorded in 2024. As of now, the Department for the Promotion of Industry and Internal trade (DPIIT) portal shows there are more than 2.06 lakh startups in India.

However, some of the startups that shut shop this year were big names in their space. Here is a lowdown on the key startups that went out of business in 2025.

BluSmart

Founded in 2019, BluSmart set out to challenge India’s ride-hailing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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