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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.
After 15 years, more than $550 million in funding and over $200 million in revenue, the cloud kitchen startup must find a way to make a profit and go public. Grover is the man Rebel has chosen for the job.
If a hall of fame is ever created to chronicle India’s startups and their inglorious achievements, Rebel Foods will be a top contender. The cloud kitchen startup has made losses for 15 years straight. Propped up entirely by venture capital money, the company has accumulated losses of over Rs 3,460 crore ($362 million, at current exchange rates) in the time it has been around. The latest numbers, released last week, point to continued misery, even if there are signs of a slight improvement.
For the fiscal year ended March 2026, consolidated revenue in operations rose 20% year-on-year to Rs 1,951.5 …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
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.
In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
