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Inflection Point-Backed MyPickup Shuts Operations

Summary by Inc42 Media
EV ride-hailing startup MyPickup has shut its operations, citing challenges in achieving right product-market fit and “patient” capital crunch. Abhijeet Jagtap, founder of MyPickup, took to LinkedIn to make the announcement. He said that the startup was struggling to achieve PMF during “non-peak times”. Founded in 2022 by Jagtap, MyPickup offered subscription based electric auto-rickshaw service for daily commuters. The startup claimed to be sol…
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Inc42 MediaInc42 Media

Inflection Point-Backed MyPickup Shuts Operations

EV ride-hailing startup MyPickup has shut its operations, citing challenges in achieving right product-market fit and “patient” capital crunch. Abhijeet Jagtap, founder of MyPickup, took to LinkedIn to make the announcement. He said that the startup was struggling to achieve PMF during “non-peak times”. Founded in 2022 by Jagtap, MyPickup offered subscription based electric auto-rickshaw service for daily commuters. The startup claimed to be sol…

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Inc42 Media broke the news in on Monday, September 15, 2025.
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