/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.
SoftBank, one of the world’s largest venture capital funds, has not made a single new investment in an Indian startup in the last three years. It has barely done follow-ons in companies where it is already invested in this period. Whatever little economic activity it has undertaken, it is to liquidate its holdings.
For any serious analyst of India’s startup and venture capital ecosystem, the urgent question should be, what gives? How is it that SoftBank, which has the ability to take seriously big and bold bets, as it has done in the past, is keeping away from committing even …
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
Billionaire Mohamed Alabbar goes for the Indian Ocean archipelago, India’s PhonePe gets UAE approval, and other updates from the week.
