How Kunal Shah-Backed Mainstreet Hung Up Its Shoes

, By INC42
E Commerce

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Mainstreet Marketplace, once a rising star in India’s vibrant sneaker and streetwear scene, is now facing a severe crisis. The startup, which started as a YouTube channel by Vedant Lamba in 2017 and later grew into a major player in the ‘hype-drop’ economy, has seen its operations in Delhi nearly collapse. 

Its flagship South Delhi store has closed, along with its warehouse located in Delhi’s Chattarpur shutting shop. This leaves Mainstreet with no physical presence or logistics capability in the capital.

A warehouse visited by Inc42…



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How Kunal Shah-Backed Mainstreet Hung Up Its Shoes

, Published By INC42
E Commerce


Mainstreet Marketplace, once a rising star in India’s vibrant sneaker and streetwear scene, is now facing a severe crisis. The startup, which started as a YouTube channel by Vedant Lamba in 2017 and later grew into a major player in the ‘hype-drop’ economy, has seen its operations in Delhi nearly collapse. 

Its flagship South Delhi store has closed, along with its warehouse located in Delhi’s Chattarpur shutting shop. This leaves Mainstreet with no physical presence or logistics capability in the capital.

A warehouse visited by Inc42…



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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AI security startup Repello AI raises $1.2 million from Venture Highway, Pi Ventures, others
Next News
visionOS 26 widgets are also a hint at Apple’s next home product
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