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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: …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
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.
