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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 pocket money app is struggling to make money or find investors. Will becoming a neobank help?
Four-year-old FamPay is at a crossroads. Less than two years ago, led by founders Sambhav Jain and Kush Taneja, still in their early 20s, the Bengaluru-based pocket money app was being courted by some of the largest venture capital investors in town. In June 2021, it raised $38 million from marquee investors such as Elevation Capital, Sequoia and General Catalyst in one of the largest series A rounds ever seen in the Indian startup circuit. Jain and Taneja were also among the youngest founders in their cohort at the prestigious California-based startup incubator Y Combinator in 2020.
Cut to 2023, …
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.
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
