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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 Tiger Global-backed startup wanted to organize the B2B fish business in India. It’s given up on that now—and there are some valuable lessons in its story.
Late last year, Captain Fresh had an epiphany.
At a town hall, Utham Gowda, the founder and CEO of the Bengaluru-based seafood startup, shared an interesting snippet. According to two former employees, who requested anonymity, Gowda said the company was using most of its resources in the domestic business while much of the revenue was coming from exports.
This marks a sea change in the company’s original goal. Captain Fresh started out in 2019 as an online marketplace connecting fish and seafood retailers with fisherfolk and farmers. The idea was to use technology to disrupt India’s large, unorganized seafood industry. …
The seafood marketplace’s rapid global expansion has lifted the top line, but left it with rising debt, weak cash generation, and uneven returns.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
