Subscription EV startup MyPickup shuts down after three years
MyPickup, a subscription-based electric mobility startup backed by Inflection Point Ventures (IPV), has ceased operations after three years in business, citing challenges in achieving product-market fit (PMF) and limited access to patient capital. BackgroundFounded in February 2023 by Abhijeet Jagtap, MyPickup offered subscription-based electric auto-rickshaw services, allowing commuters to book weekly or monthly rides with … Continue reading Subscription EV startup MyPickup shuts down after three years
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