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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 …
A new partnership between the two investment giants; Dubai Investments Park opens for subscription; and fears of war, once again.
The contrasting approaches are driven by two very different strategies. One wants to capture more markets; the other is focused on discipline and profits.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
