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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.
Everybody thinks the grocery delivery company should sell out. Except the company’s co-founders who believe it is their destiny to build a billion-dollar business.
Totally not the response I was expecting.
My direct yet complicated and lengthy question to Anant Goel, co-founder and CEO of Milkbasket, the grocery delivery company, read thus: “Anant. I heard about this constant back and forth in the board on deciding to sell. Something which you don’t want. I know the rumours are there, but it mostly rests with what you want to do. Which should and maybe will piss off some investor on your cap table. I wanted to chat about what you are thinking.”
Seconds pass, leading into minutes and then almost an hour later, Goel replies: …
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 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.
