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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.
Pricing constraints and uncertain daily-use demand cast doubt on instant help’s ability to replicate quick commerce.
When Urban Company reported its FY27 first-quarter earnings less than two weeks ago, one number, in particular, stood out—its estimate for InstaHelp, the company’s instant house help business. In its shareholder letter, Urban Company said:
“We believe the long-term addressable market across the top 15 Indian cities is approximately ₹7,000-12,000 Cr. of annual NTV [net transaction value], depending primarily on how effectively the service expands beyond high-density neighbourhoods.”
Put simply, the Gurugram-headquartered firm is pegging the market for instant house help in India’s top cities at a ceiling of Rs 12,000 crore, or $1.2 billion. And, that too in …
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.
