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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.
Global funding winter seems to have pushed a slew of Indian unicorns to re-evaluate their domiciles.
It’s a fascinating narrative of homecoming.
In the weeks gone by, there have been quite a few reports of startups considering moving back to India. The list goes something like this: Fintech companies Razorpay, Pine Labs and Groww, e-commerce firms Meesho and Udaan, edtech platform Eruditus and instant grocery delivery startup Zepto.
These are companies that are registered in foreign countries—largely the US and Singapore—but most of their operations and teams are based in India. And now, these companies want to come back to their home country.
One reason, above all else, explains this phenomenon: Funding winter. For startups, it …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
The fintech is gearing up to go public at a $5-6 billion valuation. Much like beauty, value lies in the eyes of the beholder, but public markets are rightly cross at obscene startup valuations.
