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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.
The two IPO-bound startups are showing signs of a slowdown and will be looking over their shoulders as online B2B marketplaces launched by the conglomerates grow fast.
A sea change is brewing in a rather unglamorous yet pivotal sector in India.
For almost a decade, the whole business of sourcing construction and building material online has been the domain of a couple of big startups. OfBusiness and Infra.Market enjoy trailblazer status in this space. These online marketplaces source raw materials from manufacturers and offer them to businesses. Today, both are unicorns with over $2.5 billion revenue. That party may be ending though.
Behemoths like Tata Steel, JSW Steel and the Aditya Birla Group—which for years saw these startups make money selling their brands of steel and cement …
The Rs 1,800 crore push into cables and wires may find it hard to rewire a market built over decades.
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.
In a surprise move on Wednesday, the Tata Sons chairman announced he will exit Bombay House at the end of his tenure in February 2027. He leaves at what is one of the most crucial times for the group.
