While some exits this year stemmed from sectoral challenges or operational setbacks, many founders seized the opportunity to embark on their journey as second-time entrepreneurs Now, as we stand on the precipice of 2025, we have already seen key leaders like Adda247’s Chandan Singh, DealShare’s Sourjyendu Medda, and upGrad’s Mayank Kumar move on to start new ventures As startups brace for potential public listings in 2025, leadership reshuffles are only expected to accelerate further One of the most common occurrences in the world’s third-largest startup ecosystem, besides yearly layoffs, ESOP buybacks, and unicorn creation, among others, is cofounders and leaders at the helm exiting their ventures. Every year, we hear news of some of the most promising and prominent startup personalities calling it quits due to reasons ranging from pursuing new opportunities and embarking on new quests to taking sabbaticals or transitions out of their ventures due to acquisitions or mergers. Well, this year is no different.
While some exits this year stemmed from sectoral challenges or operational setbacks, many founders seized the opportunity to embark on their journey as second-time entrepreneurs. What’s interesting is that the momentum of these exits has not slowed down in the last few years. After key exits from Ola, BigBasket, and Milkbasket in 2021, the wave cofounders exit continued in 2022 with Mohit Gupta (Zomato), Ashneer Grover (BharatPe), and Porush Jain (Sportskeeda) s.