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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.
The founder of Housing.com is back with a new venture. This time, there is a murky acquisition involved.
Editor's note: Rahul Yadav is back. It has been seven years since the colourful founder of Housing.com was fired by the company’s board for behaviour “not befitting of a chief executive officer and detrimental to the company”. Yadav’s exit, mired in controversy, was one of the most talked-about events in the Indian startup ecosystem and ever since the man has largely stayed away from the public eye. He briefly dabbled in an analytics venture that fizzled out and then joined real estate services firm Anarock Property Consultants as chief technology officer in 2017, marking an end to his life as a startup founder. But Yadav has left Anarock and has been working on building a new venture—a property tech startup called Broker Network. And, in recent months, his 20-month-old company has picked up pace. It has hired some experienced real estate executives and raised a good amount of funding—Rs 186 crore, or about $23 million, from a subsidiary of Info Edge, the publicly listed job classifieds company that has a slew of startup investments. The news of this new venture got out …
The online storytelling company is betting that content will be the most sought-after commodity as scores of platforms jump on the microdrama bandwagon. But success will hinge on whether it has a good enough story to draw the audience.
SEBI has lowered the bar for loss-making startups to list. In that context, a company like Zepto redefines the meaning of risk in public market investing.
The 15-year-old company has bought one brand after another in the hope of growing fast. That plan has fallen flat on its face, but there’s no stopping Wingreens.
