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Detailed stories on technology startups, business and economic current affairs.
The investment platform has a business model problem, something that its founder has failed to address.
The story of LetsVenture is at a point of introspection. It has been a little over a decade since the investment platform set up shop in Bengaluru and became an important part of the Indian startup ecosystem. Over the years, more than $250 million of funding has flowed through the LetsVenture marketplace, which connects founders and investors.
There is no denying that LetsVenture founder Shanti Mohan, against many odds, has built a prolific and real business that represents the startup boom of India. For lesser-known entrepreneurs who find it difficult to raise funds, LetsVenture offers hope. And for relatively small …
Venture capital funding is showing signs of a slowdown; the US opens access to advanced technologies for the UAE; and other updates.
In India’s instant house help sector, dominated by Snabbit, Pronto and Urban Company, domestic workers have nothing to lose and everything to gain. At least, for the time being.
In another blow, founder Ankur Jain stands to lose further control over his troubled beer brand.