<ul><li>Kenko Health, a healthtech startup based in Mumbai, shut down operations due to a cash crunch.</li><li>The startup's cofounder, Aniruddha Sen, blamed The Insurance Regulatory and Development Authority of India (IRDAI) for the company's downfall.</li><li>Sen alleged that IRDAI's actions, including a delay in granting an insurance license, led to the destruction of the company and its employees' livelihoods.</li><li>Despite revenue growth, Kenko Health failed to secure an insurance license and eventually shut down.</li></ul>

Kenko Health Founder Blames IRDAI For Startup’s Downfall

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