/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Blume Ventures co-founder Karthik Reddy talks of how far he has come in returning money to his investors, 10 years since his first fund, and lessons along the way.
Karthik Reddy is transparent to a fault. I have known him for some six years, and for the last four, most of our conversations have been about if and how Karthik will return money to his investors. Those who’d invested $20 million in his first fund, the one he raised in 2010 from several high-net-worth individuals in India.
He wasn’t a name then. A first-time fund manager, Karthik’s experience of investing came from his Mumbai Angels days, which suggests no outstanding quality in itself, except the privilege of being part of an elite club. Still, he and his co-founder, Sanjay …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
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.
After 15 years, more than $550 million in funding and over $200 million in revenue, the cloud kitchen startup must find a way to make a profit and go public. Grover is the man Rebel has chosen for the job.
