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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 company is said to be in discussion with investors for a new capital infusion, just a month after it raised $25 million in a Series B funding round.
Instant house help startup Pronto is looking to raise fresh funding, according to two people familiar with the matter. Both of them requested anonymity because they didn’t want to be seen commenting on the deal before it’s finalized.
The Bengaluru-based startup, led by founder Anjali Sardana, is in talks with American investors for additional capital, says one of the two people quoted above. Lachy Groom, an angel investor and co-founder of San Francisco-based robotics startup Physical Intelligence, has emerged as one of the investors keen on backing Pronto, according to the two people cited above. “Groom is looking to invest …
The contrasting approaches are driven by two very different strategies. One wants to capture more markets; the other is focused on discipline and profits.
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
