Niro Calls It Quits: What Happened to the Promising Lending Startup?
In a surprising development, Bengaluru-based lending startup Niro has officially shut down operations, despite raising an impressive $20 million in funding. Founded in 2021 by Aditya Kumar and Sankalp Mathur, Niro made waves in the fintech space by enabling consumer internet companies to offer embedded credit solutions to their…
Starting a new business is exciting but can also be tough. While having passion and new ideas is important, many startups fail because of common mistakes. In this article, we’ll look at ten frequent problems, share real-life examples, and provide tips to help you succeed.
1. Spending Money Too Fast
“Manage cash flow wisely; stick to budgets and track expenses closely.”
Mistake
One big…
