by the numbers
₹64,000 crore
($7.1 billion)
Kozmo, the first pioneer of quick commerce in the U.S., launched in 1998 but shut down operations in 2001 as the model proved unsustainable.
₹11.32 lakh crore
($136.43 billion)
In 2022, Amazon India shut down its Amazon Distribution wholesale business, along with its Amazon Food and Amazon Academy ventures, as part of a strategic review when the model proved unsustainable.
In March 2025, Flipkart closed down ANS Commerce, the full-stack e-commerce enabler it acquired in 2022, and laid off its entire workforce after determining the business was no longer viable.
₹82 lakh crore
($939.8 billion)
India's retail market far outweighs online channels.
from our 1600 plus startups database
5%
Copy-paste business models
12%
Ignored ground realities
14%
Underestimated competition
24%
Failed to scale operations