India has witnessed the shutdown of 11,223 startups this year, according to the data shared by Tracxn with Financial Express. This is 30% increase from the 8,649 closures recorded in 2024, it added. Hike, Beepkart, Astra, Ohm Mobility, Code Parrot, Blip, Subtl AI, Otipy, Log 9 Material, and ANS Commerce were some of the major startups that collapsed this year.