#HTE

 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
http://techcrunch.com/2016/04/25/after-struggling-with-rising-costs-sequoia-backed-peppertap-pivots-from-grocery-deliveries-to-e-commerce-logistics/?ncid=rss