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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.
Pivoting away from social commerce and fraud allegations against founders have jeopardized the short-video app. Its latest financials bear testimony to the grim state of affairs.
A promising start ending in a total fiasco. All in a matter of eight years. That’s Trell. And if its latest financials are anything to go by, the death knell has mostly been sounded for the short-video company.
For the year ended 31 March 2023, the Bengaluru-based firm saw its revenue drop a whopping 94% from the previous fiscal, alongside a loss of Rs 58.6 crore, as against Rs 268.3 crore in 2021-22. It was able to cut down its losses only after laying off hundreds of employees and curbing marketing expenses.
That’s a complete reversal of fortune for a …
The seafood marketplace’s rapid global expansion has lifted the top line, but left it with rising debt, weak cash generation, and uneven returns.
Four years after listing, the logistics company is still searching for sustainable growth as rising costs, weak pricing power and limited new engines weigh on margins.
The homegrown social startup is betting big on India’s latest content obsession—minute-long episodes of high-stakes dramas. Cut through the noise and the microdrama hype itself doesn’t add up.
