/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The slugfest over plagiarism and IP theft charges throws up a far more important question: should an investor sacrifice ethics at the altar of FOMO?
Editor's note: The public details of the case are as follows. In mid-August 2020, a company that goes by the name Growthpond Technologies alleged that its app had been plagiarized by another company called Kyte Technologies Inc., which popularly goes by the name Khatabook. The app in question is called Dukaan, which translates to "shop" in English. The issue came to light when Khatabook launched its own app called Dukaan by Khatabook, and the similarities with Growthpond’s app didn’t just stop at the name. The logo used by Khatabook was eerily similar, and so were the colour scheme and user interface. If you removed the name Dukaan by Khatabook, it would be difficult for anyone to tell the two apps apart. Not surprisingly, Growthpond Technologies was pissed. The company said that it would take Khatabook to task. Soon enough it came through on the threat by filing a complaint of plagiarism, and a civil suit for damages in Gurugram, Haryana. In response to this suit, Khatabook approached the Karnataka High Court with a writ petition alleging that Growthpond Technologies had stolen its …
The slugfest over plagiarism and IP theft charges throws up a far more important question: should an investor sacrifice ethics at the altar of FOMO?
Editor's note: The public details of the case are as follows. In mid-August 2020, a company that goes by the name Growthpond Technologies alleged that its app had been plagiarized by another company called Kyte Technologies Inc., which popularly goes by the name Khatabook. The app in question is called Dukaan, which translates to "shop" in English. The issue came to light when Khatabook launched its own app called Dukaan by Khatabook, and the similarities with Growthpond’s app didn’t just stop at the name. The logo used by Khatabook was eerily similar, and so were the colour scheme and user interface. If you removed the name Dukaan by Khatabook, it would be difficult for anyone to tell the two apps apart. Not surprisingly, Growthpond Technologies was pissed. The company said that it would take Khatabook to task. Soon enough it came through on the threat by filing a complaint of plagiarism, and a civil suit for damages in Gurugram, Haryana. In response to this suit, Khatabook approached the Karnataka High Court with a writ petition alleging that Growthpond Technologies had stolen its …
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.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
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.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
