Shypmax said to be latest in list of failing Indian tech start-ups
Indian logistics tech start-up Shypmax seems set to follow in Freightwalla’s footsteps: the notable digital ...
© Lucian Milasan
Adding to the long list of failed start-ups, India’s notable digital freight forwarder “Freightwalla” has ceased all operations, local industry sources told The Loadstar.
Sources said the company, which had a headcount of some 75 employees at full flow, has already fired its entire workforce.
Mumbai-based Freightwalla was founded in 2016 by a team of three budding techpreneurs, with Sanjay Bhatia the frontline industry face.
“The founders were looking for a merger opportunity, but that didn’t go through, post which they were not willing ...
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