The Morning Context’s stories in 2023
A recap of some of our best stories and the most dominant themes of the year across startups, business and current affairs.
29 December, 2023•6 min
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29 December, 2023•6 min
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Business
Motilal Oswal Mutual Fund’s inexplicable Ola Electric love
While its peers headed for the exit, the fund house doubled down on the falling stock. The contrarian call now looks expensive—and risky.
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Internet
Inside the math of instant help startups
Millions of VC dollars are being splurged to service the last-minute needs of Indians—little revenue, increasing cash burn and far too many variables. At what point does it all come together?
Internet
Physics Wallah’s entry into the perilous education business should set alarm bells ringing
Co-founders Alakh Pandey and Prateek Maheshwari made Physics Wallah the company it is today by keeping their focus on the digital media, test-prep business. With fresh funds at its disposal after the IPO, it is making the mistake of believing it is an education company.
Business
The smart meter business gets real
Q3 disclosures show that India’s smart meter rollout has crossed a key threshold—moving from promise to shaping revenues, margins and strategy.