The deceit of India’s TikTok clones
A lot of money was spent on building a home-grown social media success story. The only thing that got built was fundraising pitch decks.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
FRND wants to connect lonely Indians across small towns. Will it work?
The audio chat app turned profitable by connecting people from tier-2 and tier-3 India with users who speak the same vernacular language. But its aim to turn it into a sustainable business seems too ambitious.
Big changes at Saudi Arabia’s sovereign wealth fund
From pulling back on international bets to writing down its domestic gigaproject portfolio, PIF’s moves are a reflection of the kingdom’s challenges.
Why Dhruv Rathee’s unremarkable AI platform may still succeed
Launched at the same time as ChatGPT Go, the YouTuber’s AI aggregation platform doesn’t bring anything new to the table. But it could leverage his online influence and India’s growing AI market.