Bubble Startups

Autto.in was an on-demand doorstep car maintenance service operating in Hyderabad, India, founded by Deepak Murthy in 2017. The startup acquired customers through guerrilla marketing at apartment complexes but faced unsustainable unit economics with a $12 customer acquisition cost and long 10-12 month retention cycles. The business failed after burning $15,000 in initial investment against only $5,000 in revenue, eventually shutting down due to high burn rates and concern about the Indian government's announcement to phase out gasoline vehicles by 2030.