MyPickup EV ride-hailing startup ceases operations in Bengaluru
Bengaluru-based EV ride-hailing startup MyPickup has ceased operations due to a client funding crisis and challenges in achieving product-market fit. Founded in 2022, the company offered subscription-based electric autorickshaw services for daily commuters. Despite raising ₹1.5 crore from Inflection Point Ventures, MyPickup struggled to scale and meet customer expectations.
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