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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.
Sales of the company’s electric scooters are falling and customers are complaining about clogged after-sales service and an app that’s been offline since March.
For Bounce, the scooter rental startup turned electric vehicle manufacturer, things seem to be going from bad to worse.
For the past two months or so, customers who bought its Infinity scooters have been complaining that the companion mobile app doesn’t work. Several have expressed concerns on social media, asking if the startup was shutting down and leaving them without services or support.
Bounce co-founder and CEO Vivekananda Hallekere has been responding. “It's moving to a different cloud provider and the app should be up in two or three weeks,” he said with a smiling emoji, in reply to a …
The contrasting approaches are driven by two very different strategies. One wants to capture more markets; the other is focused on discipline and profits.
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.
A proposed Rs 12,000 crore incentive shifts the focus to components after the first scheme fell short. But raw material dependence, gaps in technology and China’s dominance remain.
