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Peak XV-Backed Toplyne Shuts Operations
- SaaS startup Toplyne is shutting operations due to its inability to scale and find product-market fit.
- The startup has decided to return the capital to its investors.
- Toplyne offers an AI-powered platform to help product-led companies convert their free users into paid ones.
- The startup raised $15 Mn funding from investors like Peak XV and Tiger Global in 2022.
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