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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.
Pixxel co-founder and CEO Awais Ahmed on what it takes to build and run a space tech company in India.
Editor's note: It’s late one April evening in Bengaluru. In a small room that serves as the office of space technology startup Pixxel, a few employees, their friends and families, some engineers, investors and scientists have gathered, their eyes glued to a big screen that shows live footage from Florida’s Cape Canaveral Space Force Station. A rocket is going to launch any moment now. For everyone involved, it’s been a stressful day. Until an hour ago, they weren’t sure if the rocket would launch at all—given the thunderstorms, there was only a 25% chance, according to the US government. Soon, the weather cleared up, and then came the confirmation: “It’s a go.” T minus 10 seconds. The room is adorned with black and gold balloons, a confetti cannon is ready to be popped. The occasional party horn can already be heard. The timer ticks down and finally, Shakuntala, the first-ever satellite built by the Bengaluru-based company, is on its way to space, loaded on the Falcon 9 rocket built by billionaire Elon Musk’s SpaceX. “Go Shakuntala, go Falcon 9!” the group cheers. …
The food-tech pioneer is on the brink of losing its decade-long fight for survival, laying bare the pitfalls of the cloud kitchen business.
In light of the recent exits of top executives at Swiggy’s quick commerce business, we look at the reasons behind the departures and whether it’s impacting the business.
India’s leading tech hardware distribution company is making the most of the unprecedented rise in global prices of laptops and other tech hardware. There’s just one problem.
