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Detailed stories on technology startups, business and economic current affairs.
After closing 207 deals in 2021, the early-stage investor was looking to set a new record this year. Things haven’t quite gone according to plan.

A funding winter for Indian startups, triggered by a global downturn and tightening of norms for alternative investment funds, seems to have spoiled the party for Venture Catalysts. According to four industry executives in the know, all of whom requested anonymity, the Mumbai-based incubator has been walking back some term sheets and revising deals.
Moreover, several angel investors on the Venture Catalysts network are no longer as bullish as they were last year, leading to a shortage of funds, the executives cited above say.
The Morning Context interviewed three founders whose early-stage startups were to receive funding from Venture Catalysts, …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
After 15 years, more than $550 million in funding and over $200 million in revenue, the cloud kitchen startup must find a way to make a profit and go public. Grover is the man Rebel has chosen for the job.