How Dunzo blew Reliance’s money
The dismal FY23 numbers will make it difficult for the grocery delivery startup to win over investors; separately, a reality check for Pristyn Care.
9 November, 2023•10 min
0
9 November, 2023•10 min
0
Getting your Trinity Audio player ready...
More in Internet
Internet
Inside the math of instant help startups
Millions of VC dollars are being splurged to service the last-minute needs of Indians—little revenue, increasing cash burn and far too many variables. At what point does it all come together?
You may also like
Internet
Uber’s new buy in Turkey
The American tech company is buying Getir’s delivery operation, a16z invests in a new proptech and Dubai’s real estate can now be traded.
Business
Reliance’s growth engines may be losing steam
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.
Business
Conglomerates, duopolies and domination hamper India
The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.