Ratan Tata-backed womenâs fashion startup Kaaryah shuts
Ratan Tata-backed women's fashion brand Kaaryah has shut down due to lack of funds, the startup's Founder and CEO Nidhi Agarwal confirmed. Adding that it was not sudden, Agarwal said, "Nobody is looking to fund anything right now." Kaaryah, which has laid off all its employees, was founded in 2012 and specialised in women's formal wear.