Startup Cemetery

A big resource for entrepreneurs and startup owners, in which we have collected and analyzed why +100 big companies have failed. Learn from mistakes, and avoid being part of the 90% of businesses that fail.

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HotelsAroundYou

Booking of same-day hotel rooms

General Information
Category
Travel
Country
India
Started
In 2013
Business Failure
Business Outcome
Shut Down
Closed
By 2017
Cause of Failure
Competition
Founders & Employees
Number of Founders
Three
Name of Founders
Animesh Chaudhary, Harsha Nallur, Mohsin Dingankar
Number of Employees
Between 1 And 10
Funding
Number of Funding Rounds
1
Total Funding Amount
$125.4K
Number of Investors
2
Description

HotelsAroundYou was an India focused service centered on last minute and short stay bookings. It offered users with the option to book hotels for two types of stays: day transit option or night use hotel. The app featured hotels that had unsold rooms and got a commission when users booked a hotel through the app.

Cause of Failure

The app was offering a service that had already many competitors that had decades of experience and users’ trust. HotelsAroundYou was unable to elicit an additional round of funding from investors and it went on to quietly shut down while its founders had already relocated to other companies.

Go on Reading

Wattage

Online platform that made creating hardware easy

Software and Hardware
Shut Down
$200K
No Market Need
Software and Hardware
Canada
In 2014
By 2015
Three
Between 51 And 100
Less Than 1M
No Market Need
Shut Down
Munchery

Gourmet meals at your doorstep

Food and Beverage
Bankruptcy
$125.4M
Multiple Reasons
Food and Beverage
United States
In 2011
By 2019
Three
Between 101 And 250
More Than 50M
Multiple Reasons
Bankruptcy
BitPass

Online payment system for digital content

Finances
Shut Down
$13.3M
Competition
Finances
United States
In 2002
By 2007
One
Between 51 And 100
Between 10M 50M
Competition
Shut Down
Shipitwise

SaaS software for transportation companies

Transportation
Shut Down
€419.4K
No Market Need
Transportation
Estonia
In 2016
By 2019
Five
Between 1 And 10
Less Than 1M
No Market Need
Shut Down
Laurel & Wolf

Online interior design marketplace

e-Commerce
Shut Down
$25.5M
Multiple Reasons
e-Commerce
United States
In 2014
By 2019
Two
Between 51 And 100
Between 10M 50M
Multiple Reasons
Shut Down
Lumos

Internet of things startup on switching technology

Software and Hardware
Shut Down
No Data
Lack of Experience
Software and Hardware
India
In 2014
By 2015
Three
Between 1 And 10
No Data
Lack of Experience
Shut Down
This is Brought to You by:
NerdPilots

NerdPilots

Get fast, reliable web, mobile and software development help 24/7.

Acadium

Acadium

120 hours of digital marketing from a remote apprentice for only $299 (+ $50 off!).

This could be your AD. Sponsor Startup Cemetery to reach +10,000 entrepreneurs.

Subscribe to Our Newsletter!

Invite us into your inbox and get immense learning and 80+ deals on tools to help you scale your startup (worth up to $50,000)!

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