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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 car repair startup has not paid workshops and laid off around 30% employees as it waits for its next fundraise.
GoMechanic is struggling. Unpaid dues to partner workshops, layoffs and a desperate wait for the next fundraise outline the many troubles of the car servicing and repairs startup.
The Gurugram-based company has not been able to make payments to its workshops in the last few months. At least five GoMechanic workshops we visited say their money is stuck with the company. Two workshops have even pulled out of the partnership owing to payments issues. The owners of two other workshops add that they have been told by the company that payments will be settled once the funds come in.
GoMechanic …
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.
