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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.
The food-tech startup has managed to attract investments from two food giants in three years and Swiggy has kicked off a new quick commerce chapter.
This week, Coca-Cola made a surprising move, its first-ever investment in an Indian startup. The American drinks company acquired a 15% stake in the three-year-old food-tech startup Thrive. From the press release:
“Coca-Cola India is delighted to partner with the Thrive Now ecosystem as we see digital capability as an essential multiplier for our India growth strategy,” said Greishma Singh, vice president, customer and commercial leadership, Coca-Cola India and Southwest Asia.
What is even more surprising is that this is the second investment by a food giant in Thrive. In 2021, the startup had raised $2.5 million in a …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
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.
