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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The six-decade old mattress maker files its draft IPO papers just as Wakefit wins approval for a public market debut—setting up a bruising battle for the No. 2 spot.
India’s organized mattress market is suddenly in the midst of a churn. The once sleepy, slow-moving consumer category has been jolted awake by new capital, fast-scaling brands and a massive unorganized market waiting to be converted. And, in that churn, the real action isn’t at the top—it’s in the race for the No. 2 spot.
For years, Sheela Foam (makers of Sleepwell and Kurlon mattresses) has towered over the category as the undisputed leader and the only listed player. But with its stock down nearly 40% this year, the market no longer seems to be defined by a single heavyweight …
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
