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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.
In the second part of our analysis, we look at food delivery, education and media. And how internet businesses won’t grow without a macroeconomic shift.
ShareChat made an interesting confession this year. “In hindsight, we overestimated the market growth in the highs of 2021 and underestimated the duration and intensity of the global liquidity squeeze,” the Bengaluru-based company said in an email to its employees in January. Last valued at $5 billion, the short video-sharing platform had just laid off 20% of its workforce.
In recent months, similar statements have been made by several venture capital investors and startup founders. Amid the ongoing venture funding crunch, investors are increasingly admitting that startup valuations are inflated and that almost everybody bought into unrealistic growth stories in …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
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.
