Bounce is running out of cash
Once a front runner in India’s shared mobility space and a contender in the EV race, the firm is in the throes of disintegration. How did it get here?
12 December, 2022•11 min
0
12 December, 2022•11 min
0
More in Internet
Internet
Keeta makes an appearance in Talabat’s earnings call
The local food delivery company delivers a good quarter, latest rankings show global hotspots for millionaires and other news updates from the week.
You may also like
Internet
An appreciation of the late-mover advantage
From electric vehicles to quick commerce, finance to retail, India continues to be a market where late movers can always catch up.
Business
Ola Electric’s cash position looks worrying
Its business in a rut, the Bhavish Aggarwal-led firm has burnt through over Rs 1,000 crore in the first six months of the current fiscal. A fundraise is now critical.
Business
Infra.Market is a hamster wheel looking at a make-or-break IPO
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.