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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.
Indian tech startups and consumer internet companies have—or will—hit a wall. We look at why, sector by sector.
When Indian startups raised a record amount of funds in 2019, followed by the minting of a dozen unicorns in 2020, many counted dollars raised as a marker for the tech upstarts to take over the market. The COVID-19 pandemic followed soon after, which served as a validation of eye-watering valuations for many consumer internet companies. Nothing could go wrong. But, it did.
The US Federal Reserve has raised interest rates seven times since 2022 and continues to be hawkish to control inflation. That put a hold on much of the money supply allocated to emerging markets like India. As …
The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
