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THE GREAT INDIAN SHUTDOWN 11,223 startups fold in 2025, 30% jump from 2024
Financial Express Ahmedabad
|October 27, 2025
IN FEBRUARY THIS year, a Bengaluru-based _ logistics startup quietly sent a two-line email to its employees.
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The subject line read: “Winding Down.’ After four years, three pivots and two bridge rounds, the founders decided to call it quits. They had run out of money,and more importantly, out of patience.
Their story is no outlier. Across India, thousands of startups are folding up, some after years of survival, others barely months into existence.
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