Recent Edition
Satya MicroCapital’s fall exposes the fault lines in group-based microfinance
The Delhi-based group lender has been struggling with mounting losses, driven by the shifting priorities of borrowers and the growing pressure on field staff to meet targets.
The hidden cost of India’s derivatives obsession
A market dominated by speculative activity is enriching sophisticated traders at the expense of retail investors, distorting exchanges and brokerages, and putting household savings at risk.
Saudi Arabia wants more disclosures from private equity and venture capital
As part of a wider push to encourage transparency in the market, the CMA’s latest proposal seeks more clarity on how private capital moves around in the country.
Two IPOs and a war year
The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.
Urban Company is forced to play both defence and offence
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
Prem Watsa’s second bite at Indian banking opens a can of worms
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
PERM curbs force Indian IT to dabble in the GCC business
Once seen as a threat, global capability centres appear to be becoming a potential growth driver for the country’s IT giants.
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State of Unicorns
Gaurav Munjal loses his faith
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
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