ReferIndia News As many as 6,385 recognised startups categorised as 'closed' as on Oct 31: Commerce Ministry

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As many as 6,385 recognised startups categorised as 'closed' as on Oct 31: Commerce Ministry

Published on: Dec. 2, 2025, 5:03 p.m. | Source: The Economic Times

As of October 31, 6,385 recognized startups have been categorized as closed, according to Ministry of Corporate Affairs data. Maharashtra reported the highest number of closures. The government stated it has not observed an increase in startup closures, attributing them to factors like business model viability and market demand.

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