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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.

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Secret

Online platform to share personal secrets

Social Media
Shut Down
$35M
Legal Challenges
Social Media
United States
In 2013
By 2015
Two
Between 11 And 50
Between 10M 50M
Legal Challenges
Shut Down
Admazely

Easy-to-setup retargeting for web shops

Marketing
Bankruptcy
$600K
Lack of Funds
Marketing
Denmark
In 2011
By 2013
Four
Between 1 And 10
Less Than 1M
Lack of Funds
Bankruptcy
Leap Transit

Provider of private transit and offers bus services

Transportation
Shut Down
$2.5M
Legal Challenges
Transportation
United States
In 2013
By 2015
One
Between 51 And 100
Between 1M 10M
Legal Challenges
Shut Down
Shipitwise

SaaS software for transportation companies

Transportation
Acquired
€419.4K
No Market Need
Transportation
Estonia
In 2016
By 2019
Five
Between 1 And 10
Less Than 1M
No Market Need
Acquired
Desti

Online travel guide app

Travel
Acquired
$2M
Bad Business Model
Travel
United States
In 2011
By 2014
Three
Between 1 And 10
Between 1M 10M
Bad Business Model
Acquired
Pixate

Platform for mobile interaction design

Design
Shut Down
$3.8M
Acquisition Flu
Design
United States
In 2012
By 2016
Two
Between 11 And 50
Between 1M 10M
Acquisition Flu
Shut Down
This is Brought to You by:
NoGood

NoGood

Your on-demand growth squad for SaaS, B2B, and eCommerce brands.

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.

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