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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.
Entrepreneurs will learn that uncertainty is here to stay in a market where domestic VCs will gain in prominence as foreign funds continue to view India with scepticism.
Peak XV Partners’s Shailendra Singh best epitomizes the Indian startup landscape in 2023 for me. Not his fund’s investment thesis but the duality of his talking big performance despite everything that has actually happened in the fund’s portfolio of investments.
Last week, at an event, Singh compared Indian unicorns—companies that are privately valued at $1 billion or more—to adolescents, saying they are yet to grow muscles. To quote him: “Many unicorns are yet to discover free cash flow (FCF), plenty of them have to realize that there is no endless stream of capital raising. Many unicorns also have to discover …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
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.
