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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.
India’s neighbourhood shops withstood organized retail and e-commerce, but quick commerce’s speed and shifting consumer behaviour might finally break their resilience.
“He used to work for us,” S says wryly as a delivery rider zips past his shop. As he arranges packets of detergent that fewer people now come to buy, the irony isn’t lost on him.
S, 28, is a second-generation kirana shop owner in Greater Noida, outside Delhi. His father, now 58, opened the shop about 20 years ago to supplement his income from a small pocket of agricultural land. For two decades, this was enough. Today, their business is fighting for survival against an unlikely competitor: your smartphone.
“People have become lazier,” says S, sipping his tea. “Why …
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.
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.
