leap.club Halts Operations Due To Funding Crunch, Retention Challenges

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SUMMARY

leap.club said it is halting its operations due to a funding crunch and unit economics challenges

While the startup has decided to shut its offline centre in Mumbai, it would halt the operations of its online community and app by the end of this month

Founded by Ragini Das and Anand Sinha, leap.club is a community network with more than 25,000 working women members across the country

After raising $2.3 Mn since its inception in 2020, women-only community startup…



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leap.club Halts Operations Due To Funding Crunch, Retention Challenges


SUMMARY

leap.club said it is halting its operations due to a funding crunch and unit economics challenges

While the startup has decided to shut its offline centre in Mumbai, it would halt the operations of its online community and app by the end of this month

Founded by Ragini Das and Anand Sinha, leap.club is a community network with more than 25,000 working women members across the country

After raising $2.3 Mn since its inception in 2020, women-only community startup…



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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