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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 Bengaluru-based startup has set its sights on an IPO all too quickly. A good mix of tech and services at a reasonable valuation might be its drawcard.
Late last month, Curefoods, the Bengaluru-based startup, filed its draft prospectus for a public offering. It is looking to raise Rs 800 crore (around $90 million) in fresh capital and also wants to offer an exit to some of its early investors.
Curefoods is a five-year-old business that runs a clutch of cloud kitchens and restaurants. Its portfolio encompasses 10 key food brands, including Eatfit, Sharief Bhai Biryani, CakeZone and Nomad Pizza. Started by former Flipkart executive Ankit Nagori, it has raised about $175 million from some of the big names in the Indian venture ecosystem—Iron Pillar, Chiratae Ventures, Accel …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
The EV maker is turning to gig-worker rentals to absorb its scooter output. But questions on cost, competition and execution make its latest pivot uncertain.
