Operating liabilities pile up to Rs 2,000 crore at Byju’s
There’s little clarity about how the beleaguered edtech company plans to pay off the mounting dues, even as its founders remain unscathed.
14 April, 2024•11 min
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14 April, 2024•11 min
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Inside the math of instant help startups
Millions of VC dollars are being splurged to service the last-minute needs of Indians—little revenue, increasing cash burn and far too many variables. At what point does it all come together?
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VC-funded startups are tempting women to join the instant house help business. Can it last?
In India’s instant house help sector, dominated by Snabbit, Pronto and Urban Company, domestic workers have nothing to lose and everything to gain. At least, for the time being.
Internet
Swiggy sounds the alarm bells on quick commerce
Amid an irrational competition brewing in India’s quick-commerce sector, the food and grocery delivery company seems to be taking a far more conservative approach compared to its peers, despite having Rs 16,000 crore in the bank.