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Detailed stories on technology startups, business and economic current affairs.
The recent goings-on at the car repair startup are a reminder that much remains to be done when it comes to corporate governance in the Indian startup ecosystem.

It has taken less than a month for the GoMechanic fiasco to be wiped out from the news cycle. It’s already a thing of the past. The investors of the car repair startup have been silent, and the founders are sharing social media posts of workshop owners supporting the company.
The GoMechanic saga is absurd. The founder of a promising startup admitting to financial misreporting in a social media post is as astonishing as it is shameful. For an ecosystem that is often praised for its potential for employment generation and tech chops by the Indian government, episodes like these …
The contrasting approaches are driven by two very different strategies. One wants to capture more markets; the other is focused on discipline and profits.
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.