Startups in 2025: Fewer closures but big names stumble — BluSmart, Dunzo & others exit
Despite a difficult funding climate, this year emerged as a comparatively stable year for India’s startup ecosystem, with shutdowns falling sharply from last year’s highs. Around 730 startups ended operations in 2025, a major decline from the 3,903 closures recorded in 2024. According to the department for the promotion of industry and internal trade (DPIIT),…