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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.
A tangled mess of related party transactions and misstatements have left the fintech’s investors looking for answers and contemplating legal action.
More than 200 investors took a bet on a banker-turned-entrepreneur who pitched a larger-than-life fintech operation. His pitch said all the right things, almost as if it had been refined by a keyword generator: financial inclusion, Bharat, frictionless savings and vernacular approach. And, best part, it coincided with a bull market.
Turns out it was just smoke and mirrors. This is a story of a fintech venture where hundreds of investors wanted a piece of the high growth and multiples game of startups. Now, they have all been left high and dry, struggling to get answers.
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Sousthav Chakrabarty doesn’t …
The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Billionaire Mohamed Alabbar goes for the Indian Ocean archipelago, India’s PhonePe gets UAE approval, and other updates from the week.
