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Online grocery venture Satvacart shuts down after 12-year run
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Gurugram-based Satvacart has shut down after 12 years of operations, bringing to an end one of the longer runs among India's early e-grocery startups. August 28 was the company's last day of operations and the team has been disbanded, the founder Rahul H. Saxena said in a LinkedIn post. The shutdown followed a difficult few years for Satvacart as it tried to raise enough capital to rebuild and grow the business. Saxena said the company received funding, but largely in smaller tranches rather tha
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