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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 personal care startup’s draft IPO papers have attracted much commentary and expectations of an overpriced issue. We cut through the noise.
Here’s what everyone’s asking. Is Mamaearth going to be another Paytm? For those who haven’t followed Vijay Shekhar Sharma’s ruinous 2022, Paytm lost 70% of its value after going public. It doesn’t help that Mamaearth has decided to test the public markets at a time when internet companies or anything that’s even remotely associated with the startup ecosystem is being looked at with suspicion. While the company hasn’t indicated a target valuation in its draft IPO papers, filed last week, rumours abound that it may look at something in the ballpark of $3 billion.
Until the company gets clearance from …
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.
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
