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Convictional to shut down, return investor money, after AI-era pivot falls short | BetaKit
AI Tech Startups

Convictional to shut down, return investor money, after AI-era pivot falls short | BetaKit

Former B2B e-commerce startup says it couldn’t find enough customers for its Slack alternative. Kitchener-Waterloo-based technology company Convictional is…

August 12, 2026
AI Tech Startups

Startup Founders Urge Trump Not to Shut Off Chinese Open Weight AI – Homeland Security Today

Startup Founders Urge Trump Not to Shut Off Chinese Open Weight AI  Homeland Security Today Source link

July 27, 2026
AI Tech Startups

Startup founders urge Trump not to shut off Chinese open weight AI – Politico

Startup founders urge Trump not to shut off Chinese open weight AI  Politico Source link

July 22, 2026
Fintech Startups

A YC-Backed Fintech Raised $200 Million. Then, It Shut Down, Leaving Users Stranded – inc.com

A YC-Backed Fintech Raised $200 Million. Then, It Shut Down, Leaving Users Stranded  inc.com Source link

May 26, 2026
Fintech Startup Legend to Shut Down Following Fifteen Million Dollar Seed Round – FinanceFeeds
Fintech Startups

Fintech Startup Legend to Shut Down Following Fifteen Million Dollar Seed Round – FinanceFeeds

In a sobering reminder of the volatility inherent in the venture capital landscape, the decentralized social platform Legend announced on…

May 14, 2026
Fintech Startups

705 Fintech Startups Shut In Three Years Amid Funding Correction: Tracxn – BW Businessworld

705 Fintech Startups Shut In Three Years Amid Funding Correction: Tracxn  BW Businessworld Source link

March 11, 2026
Who Are the Founders of Cosmo? The Healthcare Startup That Sparked Aman Gupta’s ‘Tu Gurgaon Me Ghuss Ke Dikha, Shut Up’ Remark on Shark Tank India 5
Healthcare Startups

Who Are the Founders of Cosmo? The Healthcare Startup That Sparked Aman Gupta’s ‘Tu Gurgaon Me Ghuss Ke Dikha, Shut Up’ Remark on Shark Tank India 5

1 In a dramatic episode of Shark Tank India Season 5, a healthcare tech startup called Cosmo sparked one of…

January 25, 2026
Will the Meta-Manus deal push more Chinese AI startups to Singapore — or shut the door?
AI Tech Startups

Will the Meta-Manus deal push more Chinese AI startups to Singapore — or shut the door?

Meta’s acquisition of Manus, a Chinese-origin artificial intelligence agent startup, has swiftly turned from celebration to complication. The Chinese government…

January 9, 2026
10 African startups that shut down in 2025 – Condia
Fintech Startups

10 African startups that shut down in 2025 – Condia

Africa’s tech ecosystem continued to expand in 2025, but it also faced painful corrections as several startups—many of them well-funded…

December 5, 2025
Indian Startup News on Instagram: “Fintech lending startup Niro has officially shut down operations after raising $20 million in funding, disbursing $200 million in loans, and partnering with 30 companies over 4.5 years.

Co-founder and CEO Aditya Kumar shared the update on LinkedIn, expressing surprise at the closure. 

“As a first-mover that saw scale quickly, I did not see this coming. We had done impossible: hired incredible teams, raised high-quality capital, while convincing large consumer internet platforms and industry-leading lenders to work with us to unlock value at scale,” he wrote.

Niro reached $100 million in assets under management (AUM) within 24 months of launch and saw over 170 million users flow through its platform at its peak. 

However, Kumar cited regulatory pushback on personal lending, capital constraints, and challenges in pivoting business models as key reasons for the shutdown.

#business #shutdown #entrepreneur #lending #startups #news #bengaluru #indianstartupnews”
Fintech Startups

Indian Startup News on Instagram: “Fintech lending startup Niro has officially shut down operations after raising $20 million in funding, disbursing $200 million in loans, and partnering with 30 companies over 4.5 years. Co-founder and CEO Aditya Kumar shared the update on LinkedIn, expressing surprise at the closure. “As a first-mover that saw scale quickly, I did not see this coming. We had done impossible: hired incredible teams, raised high-quality capital, while convincing large consumer internet platforms and industry-leading lenders to work with us to unlock value at scale,” he wrote. Niro reached $100 million in assets under management (AUM) within 24 months of launch and saw over 170 million users flow through its platform at its peak. However, Kumar cited regulatory pushback on personal lending, capital constraints, and challenges in pivoting business models as key reasons for the shutdown. #business #shutdown #entrepreneur #lending #startups #news #bengaluru #indianstartupnews”

Fintech lending startup Niro has officially shut down operations after raising $20 million in funding, disbursing $200 million in loans,…

October 8, 2025
2,148 Edtech Start-Ups Have Shut Down
Educational Startups

2,148 Edtech Start-Ups Have Shut Down

‘Many were caught in a burnout race, chasing unsustainable growth without innovating.’ Kindly note the image has been published only…

January 15, 2025
Health AI startup Olive to shut down
Healthcare Startups

Health AI startup Olive to shut down

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief:…

November 1, 2023
Lifestyle Startups

Mode Media Said to Shut Operations at Once-Hot Lifestyle Startup – The Business of Fashion

Mode Media Said to Shut Operations at Once-Hot Lifestyle Startup  The Business of Fashion Source link

September 16, 2016

FinTech Startups Update

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Flutterwave, Moove drive Nigeria’s $635m startup funding
Fintech Startups

Flutterwave, Moove drive Nigeria’s $635m startup funding

October 21, 2026
Loops Raises $3.5m Seed to Unify AI Commerce Tools for Retailers | The Fintech Times
Fintech Startups

Loops Raises $3.5m Seed to Unify AI Commerce Tools for Retailers | The Fintech Times

October 21, 2026
Ben Halliday (left) with Jordan Bucy
Fintech Startups

Dallas Fintech Startup Zippy Raises $20M to Accelerate Lending Platform for Manufactured Homes

October 21, 2026
Fintech Startups

Pennant secures $5m seed to modernise proxy voting with AI

October 21, 2026

EdTech Startups Update

More...
Columbus startup Tandem uses technology to staff child care classrooms with substitutes
Educational Startups

Columbus startup Tandem uses technology to staff child care classrooms with substitutes

October 21, 2026
Educational Startups

‘Weird And Maybe Uninvestable’: How Reach Capital Spots Its Venture Winners – Crunchbase News

[ad_1] ‘Weird And Maybe Uninvestable’: How Reach Capital Spots Its Venture Winners  Crunchbase News [ad_2] Source link

October 21, 2026
GJU Hosts Startup Alley 2026 with 44 Participating Companies
Educational Startups

GJU Hosts Startup Alley 2026 with 44 Participating Companies

October 21, 2026
Educational Startups

Penn State Brandywine’s Nicky Grantland Gains Hands-On Experience at AI Startup Agent23 – PHILADELPHIA.Today

[ad_1] Penn State Brandywine’s Nicky Grantland Gains Hands-On Experience at AI Startup Agent23  PHILADELPHIA.Today [ad_2] Source link

October 21, 2026

Recent News

  • Curebay funding: Healthtech startup Curebay raises Rs 100 crore funding led by IvyCap Ventures – The Economic Times
  • Ex-Marine and Microsoft vets launch Watchtower Labs with $35M to bring AI to military logistics – GeekWire
  • Flutterwave, Moove drive Nigeria’s $635m startup funding
  • Legal AI Startup Legora Lands $550M at $8.8B Valuation
  • Loops Raises $3.5m Seed to Unify AI Commerce Tools for Retailers | The Fintech Times

Sport Startups Update

Sports Startups

This Startup Wants to Pay Sports Fans for Watching Games. The Bigger Bet Is What Their Attention Is Worth – Inc.com

October 21, 2026
Sports Startups

Unavailable for legal reasons

October 20, 2026
Sports Startups

USF-founded startup tests personalized hydration tracker with student-athletes

October 20, 2026
Sports Startups

Nvidia wins fast-growing AI startup Modal for new central processors – KWSN

October 19, 2026
Sports Startups

Irish live scoring startup Anyscor expands into US grassroots sports market – Irish Tech News – Irish Tech News

October 19, 2026
Sports Startups

Irish live scoring startup Anyscor expands into US grassroots sports market – Irish Tech News – Irish Tech News

October 19, 2026

Ex-Marine and Microsoft vets launch Watchtower Labs with $35M to bring AI to military logistics – GeekWire

October 22, 2026
Blacksmith Joins Unicorn Club on $66M Sequoia-Led Round
AI Tech Startups

Legal AI Startup Legora Lands $550M at $8.8B Valuation

October 21, 2026
Legal AI startup Legora raises $550M Series E at $8.8B valuation | TechCrunch
AI Tech Startups

Legal AI startup Legora raises $550M Series E at $8.8B valuation | TechCrunch

October 21, 2026
Hollin Jones
AI Tech Startups

Why did Apple buy AI music startup Samplab, and how might this impact Logic Pro? 

October 21, 2026
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