What we can learn from the failure of these 12 Indian startups in 2017

Early-stage startups struggled to raise follow-up funding

Here are 12 of the biggest startup failures this year and lessons learned:

Stayzilla, RoomsTonite – budget accommodation

The most dramatic shutdown was that of seven-year-old Stayzilla, which had raised $33.5 million in funding and billed itself as India’s largest homestay network. It had to shut shop as it failed to monetise its business.

Last minute hotel booking app RoomsTonite also shut down for the same reason.

Taskbob – home services

Taskbob couldn't balance between quality assurance, scaling up, and razor-thin margins. So, it had to shut down.

Yumist, Eatonomist – food delivery

Yumist raised $3.4 million to deliver “homely