One of the major strides of the past few years that the pro-establishment corner claims and the anti-establishment corner grudgingly agrees upon is the boom in startups across sectors in India, mainly in its cities. Just this week, the launch of a startup channel catering specifically to the entertainment needs in Bhojpuri, among a clutch of central Indian languages, created quite a flutter. Yet, behind the glam of narrative and buoyancy is an aspect of India’s startup story that few care to pay attention to—closures and shutdowns. The startup ecosystem registered a massive 12-fold increase in the shutdowns, with over 28,000 of them closing........

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