The Portea IPO looks like a rescue act
The draft prospectus of the nine-year-old health tech company is about a stagnant business and a brutal sector.
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
How Kerala brought its infant mortality rate to a historic low
Decades of investment in health and social infrastructure went into getting the southern state’s infant mortality rate down to 5 deaths per 1,000 live births—far lower than the national average of 25.
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.
Why smart ring makers Ultrahuman and Oura are battling across countries
The dispute illustrates how patent battles are becoming increasingly internationalized, with companies fighting in multiple jurisdictions.