After struggling with rising costs, Sequoia-backed PepperTap pivots from grocery deliveries to e-commerce logistics

 Times are getting tougher for food delivery startups in India. Over the weekend, PepperTap—which has raised more than $50 million from backers including Sequoia Capital and SAIF Partners—announced that it will shut its grocery delivery business and switch to e-commerce logistics. Read More

http://ift.tt/230AmZF After struggling with rising costs, Sequoia-backed PepperTap pivots from grocery deliveries to e-commerce logistics http://ift.tt/1rc0KnN