The 13-year-old cloud kitchen company is seeing a massive secondary share sale, after a long, tough phase. How did it attract a sovereign wealth fund and a private equity giant?
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
The recent spate of exits at the newly independent VC firm is not a surprise. It is a reset for a fund that’s so far operated as if it is special and now has to adjust to new realities.
What were touted as a means to access superior services (and discounts) for a fee are, in reality, no different to the plain vanilla offerings of quick-commerce platforms.
Minus any drama, Airbnb’s India business seems to be chugging along well. But with several competitors lining up, the stage is set for an interesting face-off.