In CaratLane’s Sacheti, underdog Chennai wins big, again
The jewellery firm founder’s successful exit shines a light on the Tamil Nadu capital’s startup track record; separately, Reliance may be getting ready to decide on Dunzo.
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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.
Infra.Market is a hamster wheel looking at a make-or-break IPO
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.
Sridhar Vembu’s Arattai, India’s yearning for swadeshi and network effects
The Zoho co-founder’s attempt to build a WhatsApp competitor has captured the imagination of the nationalist Indian. Emotions aside, the most likely outcome is that Zoho’s other products will start selling more.