/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The deal will come as a relief for the beleaguered car repair startup, while it will be an opportunity for the used-car company to expand into a new business segment.
Update: Despite advanced talks with CarTrade, the deal didn't go through. A consortium led by auto component maker Lifelong Group acquired GoMechanic in March this year.
Almost two months after co-founder Amit Bhasin admitted to financial misreporting, GoMechanic has found a buyer. The car repair startup is being acquired by used-car company CarTrade, according to two people familiar with the matter, who asked not to be named.
While the details of the deal are unclear, GoMechanic seems to have been valued at a little over $30 million (around Rs 245 crore), says a third person in the know, also requesting …
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.
