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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.
Nestled in the auditor’s notes for 2021-22 are cutting comments about an utter lack of internal controls over prices charged to customers and hospitals, and more.
On 30 December, several news reports said Pristyn Care saw a 45% surge in revenue in the year ended 31 March 2023. And that it is all set to “touch Rs 1,000 crore” in the current fiscal year. Some of these articles were basically based on a press release by the startup—touted as India’s largest health tech company and mired in controversy—while others cite numbers from its financial statements.
However, the statements for 2022-23 are not available on the Ministry of Corporate Affairs website. Curiously, on the same day, 30 December, Pristyn Care appears to have filed its financial statements …
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.
