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April 25, 2016 10:09 am GMT
Times are getting tougher for food delivery startups in India. Over the weekend, PepperTap—which has raised more than $50 million from backers including Sequoia Capital and SAIF Partners—announced that it will shut its grocery delivery business and switch to e-commerce logistics. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0BW_-20Xcq4/
After struggling with rising costs, Sequoia-backed PepperTap pivots from grocery deliveries to e-commerce logistics
Times are getting tougher for food delivery startups in India. Over the weekend, PepperTap—which has raised more than $50 million from backers including Sequoia Capital and SAIF Partners—announced that it will shut its grocery delivery business and switch to e-commerce logistics. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/0BW_-20Xcq4/
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