Fund Crunch Forces Spiritual Tech Startup My Tirth India to Shut Down
Fund Crunch Affects My Tirth India
The spiritual tech startup My Tirth India, founded in 2018, has announced its closure due to a significant fund crunch. Indraneel Dasgupta, the founder and CEO, indicated that financial struggles followed the death of Subrata Roy, the company's principal shareholder.
Impact of Subrata Roy's Passing
With the passing of Subrata Roy, My Tirth India finds itself grappling with unforeseen financial challenges. The loss of its major financial backer has severely impacted the company's operations and future prospects.
Challenges Ahead for Spiritual Tech Ventures
As My Tirth India closes its doors, it raises questions about the viability of spiritual tech startups amid funding and operational challenges in the industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.