Connect with us


5 Indian Startups which have Closed Down Its Operations Due to Lack of Proper Planning and Shortage of Funds

Satendra Kashyap



Indian startups which have failed

What comes to your mind when you think of startups? Well, it sounds very simple and easy to execute but it is nothing like that. Launching a startup of your own requires lots of hardship to flourish the business in the long term. Additionally, it also requires a proper floor plan, management plan and funds to execute it properly.

If you would lack in any of these parameters it can fail miserably leading you to losses. Have a look at some of these startups which have failed due to these mistakes only. I am sure that you can learn many good lessons from the mistakes committed by them.

Scroll down to know about them more.

1. Just Buy Live

Just Buy Live was a startup whose aim was to connect all the retailers directly to different brands across multiple categories like fashion, stationary, smartphones, auto, personal care, food and drinks etc.

The startup was also offering unsecured loans to small business owners to facilitate the transaction on its portal and provide funds to small retailers. The startup has managed to raise $100 million series B funding from a Dubai-based investment firm, Ali Cloud Investments.

Why did it fail?

This startup has failed miserably failed due to no proper planning of scalable business model and negative cash flow. As per the latest report, the startup’s co-founder has said that the company has temporarily been shut down for some time and it would soon resume its operation after rising fresh funding.

2. Shotang

The startup, Shotang was a business-to-business (B2B) online marketplace that was launched to connect retailers, distributors and various manufacturers to carry their business online using their platform. It used to earn revenues based on commissions paid by distributors per transaction.

Why did it fail?

Although the startup has raises a series of funding from different investors like Patamar Capital in February 2019 (INR 6.8 Crores) Exfinity Venture Partners in December 2015 (INR 36 crores). It is believed that the startup has risen the funding to pay off its creditors, employees and partners.

3. PortDesk

The startup, PortDesk was aimed at providing e-procurement solution for logistics management related operations like accounting, cash management, ports DA estimate and voyage, layout and contract management.

Why did it fail?

The startup has shut down its business in June 2018 but the exact reason for its failure is still not revealed. The company has raised $2 million (INR 13.98 Cr) in a seed funding round from a Singapore-based maritime services company, Alphard Maritime Group.

4. Zebpay India

Zebpay India

via: Zebpay

Undoubtedly, the company was India’s largest crypto exchange that enabled users to buy and sell Bitcoins and other cryptocurrencies like Litecoin, Ripple etc.

Why did it fail?

Zebpay has decided to shut down its operation completely soon after the official announcement by RBI in April 2018, which has restricted banks and payment companies to extend any services to crypto exchanges and wallets. The company closed its operations on 28 September 2018 by saying that they are unable to chalk out any other way to carry out the business at this point of time.

5. Tazzo

It was really an interesting bike rental startup that has helped millions of people to commute to their offices at only Rs. 5 per km. Its mobile app was integrated using GPS tracking technology which was used to do live tracking of the movement of the vehicle.

Why did it fail?

The company has shut down its operations because it was not able to generate positive cash flows out of its business.

Satendra Kashyap an Internet Marketing Coach and Search Engine Consultant for business owners. I have 9 yrs of Digital Marketing experience and can show you how to set up blogs, how to use social media for profit and any other external online marketing.

Continue Reading
Click to comment


These 7 Startups Are Setting Standards for Other Ventures by Proving That Nothing is Impossible





Remove term: Startups that Are Setting Standards Startups that Are Setting Standards

You must have heard that startups fail but do you know Why? Because of one or more reasons like lack of adequate funds, quality resources and infrastructure and so many things which one requires for running a startup successfully. But not every startup fail and the reason behind this is the constant effort and hard work they put in to achieve the desired results.

There are a number of startups which have been failed badly but there are also some of the startups which have proved us that nothing is impossible in this world if we are willing to take the pain and do the hard work. In this article, we have listed

Some of the startups which failed miserably but after now everyone knows about them as now they have gained quite a popularity among the masses.

1. Uber


via: Archid

We can’t imagine our life without using Ola and Uber nowadays. The car rental startup, Uber has been started by one school dropout who got very good funding to carry out his project. He started the company in the year, 2010 which has a value of nearly $17 billion as of now.

2. Instagram


via: Inc

One of the most famous photos sharing app, Instagram has been launched by a person who wanted to learn how to code so he decided himself to learn to code after his working hours. Post-learning about coding, he has successfully created an app about which everyone is talking today.

3. OYO Rooms

OYO Rooms

via: Yatra

The very young and talented Ritesh Agarwal who is also a college dropout has made this idea a successful launch at the age of 17 only. Do you know OYO was earlier known as ‘Oravel’? The concept was fairly unique and accepted by especially young couples, married or unmarried. As of now, the company values over $25 billion.

4. Alibaba


via: Mashable

He is the man of words, from whom we can learn so much. He is truly like an inspiration for so many peoples as he knows the real struggle behind finding a job for himself as he faced many rejections in his life for every possible job which he tried.

And you know, he hardly knows how to speak English. Facing so many failures, he decided to start his very own startup, Alibaba which is a giant Chinese e-commerce player and everyone knows about it.

5. LinkedIn

One of the most important startups of the millennium I guess which helps people to find jobs and make contact with professionals over social media. Initially, when the app was set to launch in the year 2013, the founder asked some of his friends to join the website.

After some time, it gets a positive response from a huge number of people and today it has a worth of over $1 billion.

6. Tripoto

Tripoto startup

via: Tripoto

This startup was started up by two friends together who were avid travellers. They have started the company in the year 2013. The company has also received a huge amount of funding of nearly Rs. 2 crores within a year.

7. Pinterest

To start this venture, a guy has left his job to work along with his two friends. Initially, the app got flopped badly. So, they again tried to re-launch the app in the year 2010 which now has over 25 million active users worldwide.

Continue Reading


Everything A TikTok Fan Needs To Know About

Satendra Kashyap




I am sure you that must have heard of TikTok, Right? So, let’s talk about it more in detail What TikTok is? Who is its Owner? And how does TikTok makes Money? Here’s everything that you need to know about the short video app.

What do you know about TikTok?


If you are an internet savvy person or the parent of one, then you might have heard of this. TikTok is the short form video app that is currently making everyone’s mind blow. As using this app one can make funny videos, dance videos, singing videos or even you can post much more fun on it making yourself popular side by side.

Video clips that you post on the platform may only last for only 15 seconds, but they make a big impact. On its official website, the company has described itself as ‘a destination for short-form mobile videos.”

Who is the owner of TikTok?

owner of TikTok

At present, TikTok has approximately more than 500 million users worldwide which itself explains that how much people are liking it and having fun using such an amazing app. The platform, TikTok is owned by a Chinese company, Byte Dance. Zhang Yiming, who is a 35-year-old entrepreneur, is the Founder & CEO of Byte Dance. The company was recently crowned the world’s most valuable startup.

“Do you know that TikTok is very famous among young people and has about 80 million downloads in the U.S. alone”.


And since its launch in the year 2012, the company has made a $75 billion valuation.

The company that owns TikTok, Byte Dance does more than just running only running TikTok. IT also owns toutios which is an extremely popular news platform with 240 million downloads as well as some products like Xigua Video, TopBuzz, and BuzzVideo.

How does TikTok make money?

owner of TikTok

Are you also a TikTok fan? And you also want to make money from TikTok. Then, here is how you can make it.

The short video app, offers in-app purchases of coins, starting at 100 for $0.99 and leveling up to 10,000 for $99.99 as per the mobile intelligence firm, Sensor Tower. TikTok users have reportedly spent $3.5 million on in-app purchases during the month of October 2018 which is nearly four times what they have earned during October 2017.

As per the Bloomberg’s report in October revealed that the company Byte Dance’s target revenue for the year 2018 was $7 billion and the company is still not been able to create any profits yet as decided earlier.

AS per the latest media reports, it is believed that the company is planning to go public this year although it has not been cleared till now.

The agency, popularly known as Digiday may start its advertising on this platform which may costs up to about $150,000 for just one day and newsfeed ads for $4 per click.

Can you make money on TikTok?

money on TikTok

Well, this is a question about which every TikTok fan just wanted to know about.

Yes, one can make money using this short video app. In fact, if you are really good and if you have a specific talent that you may want to show up to the public over the internet, you can undoubtedly earn your living from TikTok.

So, why don’t you give it a try to convert your dream of becoming big and popular by posting your own videos?

In addition to this, several companies are also making use of this platform to grow and advertise them by investing literally a huge amount which even one cannot imagine.

Continue Reading


8 Essential Things To Know for Starting E-Commerce Store




Starting E-Commerce Store

According to the report in 2018, there are more than 206 million people who spend their money on online shopping this year, if you think about starting an eCommerce Store, time is not gone. To start an e-Commerce Store and to sell the product online, you should check out the list to do before start Store.

1. Start with Decide your Store name

After deciding what you want to sale, you have to select the memorable, fabulous store name that no one is using. You have to search then choose the corporate name. After the name has been chosen, you can register your store as Private Limited Company Registration, LLP, etc. You have to follow the legal process.

2. Protect Your Website and Domain Name

After deciding your store name then you have to decide your domain name, if the domain name is not available, select the URL which is easy to pronounce and related to the Store.

For example, if your store is related to craft creation and store name is Taruna craft creation then Domain will be If it is not available you can select a similar domain like Selecting a unique domain name is one of the expensive things in eCommerce.

3. Decide the Type of Business Structure and Register your Store

There are varieties of registering options like-

  1. A) Partnership
  2. B) Sole Proprietor
  3. C) Corporate
  4. D) LLP

If you will not select the business structure like LLC and corporate then you will automatically consider as a Sole proprietor by Government. Operating as a sole proprietor, your personal assets at your personal risk and if the company is ever sued then the court can collect your assets.

Both LLC and corporation separate you, provide other benefits, and your assets from the business. If both corporation and LLC Separate you and your assets from the business and provide other tax benefits.

4. Apply for Permits and Business Licenses

Operating an eCommerce Store cannot be implemented with some Licenses and permits. It differs from state to state and country to country check sorts of home business licenses and sales tax licenses you need and get approved before start store. According to your store, you have to take permit from the Fire department or any other as per applicable rules and regulations.

5. Search the Right Vendors

In this competitive era you will find lots of competitors selling products online, so according to your interest find out the best quality and best prices for your products you sell or materials you use to create your product. Find the vendor that you want to do business for a long time.

6. Get more familiar with Right Software

We can work with the help of technology as it is more easy and as well as save the time and efforts. So, before starting an eCommerce business, play around with accounting, customer relationship management, project management, email marketing, and other software which helpful for your eCommerce store. Once you launch, then you can integrate into what you are doing.

  7. Stock Your Inventory

Whether you have lots of products in your warehouse somewhere or you store your inventory in your garage be sure you have got enough at a day of launch. It will difficult to decide how much it requires. To have many inventories is not enough. Focus on how you can increase your sale. You can focus on future and smart orders.

8. Your Employer Identification Number

For open a business bank account and file your business tax every year will need an Employer Identification Number (EIN). ENI is a Business social security number, and it is a unique number which helps you file important paperwork and identifies your business. Every business requires whether you will have employees or not.


I hope this article is valuable to you. By this article, you can understand how you can start your eCommerce store like Store name, Registration, Inventories, EIN, and Software.

Afleo is a leading website which helps startups to commence their business by legal advice and service provider like GST registration, PVT LTD registration, one person company or for the information you can visit our website or contact us.

Continue Reading
Common Mistakes While Driving
Lifestyle2 hours ago

Avoid These 6 Common Mistakes While Driving on The Road

Most Beautiful Mosques in The World
Travel2 hours ago

6 Most Beautiful Mosques in The World That Will Compel You to Visit Once In a Lifetime

How to Recover Lost Data?
How to5 hours ago

How to Recover Lost Data from Storage Devices?

Brazilian Model Influencer Annabel DaSilva
Entertainment6 hours ago

Brazilian Model Influencer Annabel DaSilva is Giving All of Us Major Weightlifting Goals to Beat the Unhealthy Lifestyle

The Private Health Insurance In Germany
Health1 day ago

The Private Health Insurance In Germany – Who Should Take Out Such An Insurance?

Technology2 days ago

4 Mazor Reasons That Makes Grammrly So Much Popular

Cute animals are surprisingly violent
World3 days ago

7 Adorable and Cute Animals Which are Extremely Violent in Real

Ramadan in The Arctic Circle
Culture3 days ago

How Do Muslims Observes Ramadan in The Arctic Circle Where There is no Dawn and Dusk?

Protect Your Business
News4 days ago

10 Ways to Protect Your Business from Crime

Red Wine
Health4 days ago

Switch To The Heart Healthy Drink- Red Wine

OnePlus 7 Pro Review
Mobile5 days ago

Still Dreaming of iPhone, OnePlus 7 Pro is The New Phone You Can Buy Right Away

PMP Certification Bangalore
News5 days ago

Why is PMP Certification Worth it?

Secrets Used by The Supermarkets
Lifestyle6 days ago

Some of The Secrets Used by The Supermarkets About Which You Might not be Aware of

Most Soul Satisfying Videos To Watch
Culture6 days ago

5 Most Soul Satisfying Videos To Watch When You are Stressed Out and Want To Calm Yourself

History Behind Your Favourite Cocktails
Food1 week ago

Do You Know About The History Associated Behind Your Favourite Cocktails From Zombie To Screwdriver?

Amazing Health Benefits of Tequila
Health1 week ago

You will be Shocked to know About These 8 Amazing Health Benefits of Tequila

Indian startups which have failed
Startup1 week ago

5 Indian Startups which have Closed Down Its Operations Due to Lack of Proper Planning and Shortage of Funds

Schools That have Gained Popularity from Movies
Bollywood1 week ago

Top 5 Schools That have Gained Extreme Popularity from Movies like Taare Zameen Par and Student of the Year

Star Cricketers and Their Kids During IPL 2019
Sports1 week ago

Amazing Moments Shared Between Star Cricketers and Their Kids which is Too Cute to Handle During IPL 2019

Akshara Reddy - Miss Super World Globe 2019
Entertainment1 week ago

Akshara Reddy is Gearing Herself up to Represent India at The Miss Super World Globe 2019

RCB Girl Deepika Ghose
Entertainment2 weeks ago

Forget That Wink Girl, Deepika Ghosh is the New Sensational Crush of India Who is a Big Fan of RCB

Success Mantras of These 6 Famous Female Entrepreneurs
Women3 weeks ago

Follow the Success Mantras of These 6 Famous Female Entrepreneurs to Achieve Sure Shot Success in Your Life

Bollywood2 weeks ago

Meet Iranian Model Mahlagha Jaberi Who is a Look-Alike of Bollywood’s Diva Aishwarya Rai Bachchan

Cyclone Fani Slammed India’s Eastern Coast
News3 weeks ago

Cyclone Fani Slammed India’s Eastern Coast, Nearly One Million People Evacuated Orissa

Thailand’s King Marries Suthida
People2 weeks ago

Thailand’s King Marries Suthida Who Worked as Flight Attendant at Thai Airways

Shahid Afridi's Autobiography ‘Game Changer’
Sports2 weeks ago

Pakistani Boom Boom Cricketer Shahid Afridi Discloses Many Secrets in His Autobiography ‘Game Changer’ Which is Going to be Released On April 30

Summer Interior Design Tips
Home Decor1 week ago

7 Useful Summer Interior Design Tips You Must Know

Relationship2 weeks ago

Meet the Coolest Couple Gaurang and Saachi for Whom Distance Doesn’t Matters Being in a Relationship with Someone You Truly Love

Fashion Tips and Tricks from Pro stylists
Style2 weeks ago

7 Fashion Tips and Tricks from Pro stylists Which will help you to Look Trendy and Stylish This Year

Amazing Series on Amazon Prime
Tv2 weeks ago

Forget Netflix, Binge on Amazon Prime Video to watch Out One of 7 Amazing Series

Camille Kostek is a Sports Illustrates Swimsuit Cover Star
Hollywood2 weeks ago

Camille Kostek Achieved Her Life Long Dream as a Sports Illustrates Swimsuit Cover Star

Heart-touching Mother’s Day Campaign
Culture1 week ago

7 Most Overwhelming and Heart-touching Mother’s Day Campaign which may Fill Your Eyes with Tears

Mother’s Day gift ideas
Culture2 weeks ago

Make Your Sweetheart Mom Feel Special This Mother’s Day By Gifting Her Something Like This

Facebook Just Added A Dating Feature 'Secret Crush'
Technology3 weeks ago

Facebook is Now Competing with Tinder Dating App as It Adds ‘Secret Crush’ Feature Which Would Help You to Find Your Secret Love

3 Black Women Just Made Pageant History
Entertainment2 weeks ago

Internet is Celebrating the Victory of These 3 Black Women Who Made It to the Miss USA Pageant History

Parents Who Raised Their Little Girl like a Princess
Lifestyle2 weeks ago

Giving a Sweet Vote of Thanks to the Parents Who Raised Their Little Girl like a Princess

Most Haunted Places in Mumbai
Travel2 weeks ago

7 Most Haunted Places in Mumbai I Bet You Have Never Heard of

Remove term: Startups that Are Setting Standards Startups that Are Setting Standards
Startup3 weeks ago

These 7 Startups Are Setting Standards for Other Ventures by Proving That Nothing is Impossible

Hollywood Movies releasing this year 2019
Hollywood2 weeks ago

Forget About Avengers Endgame! Now Wait for 6 Hollywood Super Hit Movies to Watch This Year 2019

Mind-Blowing Benefits of Coffee
Food2 weeks ago

Switch Over To Coffee Now As You Can’t Stop Yourself after Knowing Its 7 Mind-Blowing Benefits