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Startup layoffs and shutdowns in India in 2026

By · Editor · Updated

26 Indian startups shut down and 26 announced layoffs in 2026 by StopDown's count; the latest was PhysicsWallah (9 November 2026). The list covers what StopDown reported; it is not every company that closed.

Changed this week: 1 new case since 5 November 2026: PhysicsWallah.

26Shutdowns
26Layoff rounds
9 Nov 2026Latest
52Companies

Every case, newest first

Every case, newest first (2026, amounts as reported, $ converted at a fixed yearly rate)
DateCompanyKindWhat happened
9 Nov 2026PhysicsWallahPhysicsWallahLayoffsPhysicsWallah trims staff with AI, earmarks $20M for deals
11 Sep 2026PhonePePhonePeShutdownPhonePe shuts US office, gets UAE licence
9 Sep 2026MeeshoMeeshoLayoffsMeesho discontinues CPO role, restructures product team
3 Sep 2026The Ayurveda Co.ShutdownThe Ayurveda Co. shuts down after liquidating assets
3 Sep 2026PayPalPayPalLayoffsPayPal cuts 220 jobs in India as part of global layoffs
31 Aug 2026EternalEternalLayoffsZomato lays off 240 employees in Hyderabad
31 Aug 2026SatvacartShutdownSatvacart closes operations after funding fails
27 Aug 2026Even HealthcareEven HealthcareLayoffsEven Healthcare lays off 350 employees in restructuring
19 Aug 2026Bribes.fyiShutdownBribes.fyi shuts down permanently after viral surge
28 Jul 2026KrutrimKrutrimLayoffsKrutrim cuts staff as it pivots to enterprise services
14 Jul 2026MedialShutdownProfessional networking platform Medial shuts down operations
7 Jul 2026PicSeeShutdownPicSee shuts down less than a year after launch
5 Jul 2026KlydoShutdownKlydo stops accepting new orders after failed fundraising
1 Jul 2026Dream SportsShutdownDream Sports shuts down Dream Money fintech unit
26 Jun 2026JiviAIShutdownJiviAI shuts down after less than two years
25 Jun 2026Pocket FMPocket FMShutdownPocket FM shuts microdrama vertical Pocket TV
22 Jun 202691TrucksLayoffs91Trucks fires 30% workforce, exits South and Central India markets
16 Jun 2026Xto10xShutdownxto10x shuts down its HRtech product PeopleCues
11 Jun 2026OpendoorLayoffsOpendoor lays off entire India team of 250
9 Jun 2026Mohalla TechShutdownMohalla Tech shuts down Vibely after Apple removal
2 Jun 2026Interview KickstartLayoffsInterview Kickstart cuts jobs amid AI shift, impacting 80-100 employees
20 May 2026FreshworksFreshworksLayoffsFreshworks lays off 500 staff citing AI productivity
15 May 2026InnovaccerLayoffsInnovaccer cuts 340 jobs in shift to AI-native operations
15 May 2026DevDhamShutdownDevotional startup DevDham ceases operations
11 May 2026Adda247LayoffsAdda247 cuts 200 staff in restructuring ahead of IPO
8 May 2026CloudflareLayoffsCloudflare cuts 20% workforce in AI restructuring
7 May 2026OnePlusShutdownOnePlus to shut Bengaluru office, consolidate in Gurugram
6 May 2026Apna MartApna MartLayoffsApna Mart cuts 10% staff amid AI automation push
6 May 2026Pocket FMPocket FMLayoffsPocket FM cuts 10% of workforce in performance review
24 Apr 2026SuperOps.aiLayoffsSuperOps lays off 30% workforce in AI pivot
22 Apr 2026ZerodhaZerodhaShutdownZerodha shuts down creator network Zero1
20 Apr 2026ACKOACKOLayoffsAcko cuts 60 staff for AI shift ahead of IPO
16 Apr 2026WayCoolLayoffsWayCool Foods cuts jobs in second restructuring
16 Apr 2026KrutrimKrutrimShutdownKrutrim's AI assistant Kruti goes offline
14 Apr 2026Zoho CorporationLayoffsZoho denies anonymous claims of 300 employee layoffs
7 Apr 2026Rebel FoodsRebel FoodsShutdownRebel Foods shuts down its quick delivery service
6 Apr 2026KultLayoffsKult stops paying staff amid unpaid dues
6 Apr 2026AmazonShutdownAmazon India winds down Fresh, expands AmazonNow
2 Apr 2026NeuroPixel AIShutdownNeuroPixel.AI shuts down core operations after six years
31 Mar 2026CovrzyShutdownCovrzy shuts down after three years
26 Mar 2026ZivyShutdownZivy shuts down, pivots to fintech compliance
6 Mar 2026FlipkartFlipkartLayoffsFlipkart cuts staff as it prepares for an initial public offering
20 Feb 2026LivspaceLayoffsLivspace cuts 12% staff for AI integration
19 Feb 2026SwiggySwiggyShutdownSwiggy shuts down Snacc 15-minute food app
18 Feb 2026ZeptoZeptoShutdownIPO-bound Zepto shuts down loyalty programme Zepto Daily
10 Feb 2026Fi MoneyLayoffsFi Money cuts staff and pivots to enterprise tech
5 Feb 2026MyntraMyntraLayoffsMyntra consolidates Gurugram office into Bengaluru
4 Feb 2026JuleoShutdownJuleo shuts down after failing to raise capital
30 Jan 2026Ola ElectricOla ElectricLayoffsOla Electric cuts 5% workforce in restructuring
30 Jan 2026ZupeeLayoffsZupee cuts 200 jobs after realigning operations
15 Jan 2026PyncShutdownPync shuts down, merges with rival Snabbit
12 Jan 2026AlleShutdownAlle shuts down after six failed pivots

Download CSV (52 rows, free to reuse with a link to StopDown)

Questions people ask

Which Indian startups shut down in 2026?

PhonePe, The Ayurveda Co., Satvacart, Bribes.fyi, Medial, PicSee, Klydo, Dream Sports, JiviAI, Pocket FM, Xto10x, Mohalla Tech.

Which startups announced layoffs in 2026?

PhysicsWallah, Meesho, PayPal, Eternal, Even Healthcare, Krutrim, 91Trucks, Opendoor, Interview Kickstart, Freshworks, Innovaccer, Adda247.

How this page is counted

A company is listed when StopDown reported a shutdown, a wind-down or a layoff round; each appears once per kind, at its latest story. This is not an exhaustive register of closures. Amounts are as reported on the day, converted at a fixed rate where only rupees were given; talks, planned raises and proposals are left out until they close, as are capital moves by listed groups. One round per company per month. Every row links to the StopDown story, which links to the articles it was written from. Figures can change as companies update them. Full method →

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