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Despite the large number of internet users in India, the vast majority don’t have the ability to pay. Google’s Play Store charge could push several internet companies out of business.
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A newly announced Rs 10,000 crore fund of funds is aimed at boosting startup growth.
Importing products and branding them is the go-to option for most luggage brands in India. That may be about to change.
It is tough but not impossible to put a respectable end to a failed business. As creditors fight for their dues, Dunzo’s investors and management have a lot to answer for.