[soumyadeb]

Couple of 100K in revenue is definitely not failed. Best case is if you can sell the startup to a bigger company in the same space. They can acquire you for your product, customers or if not anything, the team. Companies often pay up of 1M/engineer for a great team which may not make you rich but would be enough to pay back investors and find a good landing spot for the team.

Take care of your employees first, then customers, then investors and finally debt holders. Someone told me when we were in the same boat. It will go a long way.

Talk to your investors and advisors for help. Engage a banker if required.