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Hyperlocal grocery delivery app PepperTap shuts shop

Globally, the viability of on-demand businesses is being questioned

Patanjali Pahwa & Alnoor Peermohamed  |  Mumbai/Bengaluru 

On Friday, PepperTap CEO Navneet Singh stood in front of his employees and told them that the PepperTap experiment had ended. Some of the employees knew it was coming. Several in leadership positions had been shopping for jobs. A few had already approached BigBasket and Grofers. The shuttering of PepperTap had been in the works for a few months. The company had given out appraisal letters to employees promising them salary hikes. These hikes meant that when they went out in the market they could bargain from a position of strength. But there was a catch. “We were asked to resign ...

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