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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.
Servicing automobiles is an age-old business. Does going online make it more profitable or efficient enough for a venture investor to smell disruption?
It is a little difficult to explain why anyone would cough up $60 million to invest in a business that services automobiles. Almost everything about it feels brick and mortar. More often than not, this does not fit the investing thesis of venture investors on the lookout for startups which can disrupt existing industries using technology. And yet GoMechanic has pulled off this remarkable fundraising feat.
Founded in 2016 by Kushal Karwa, Amit Bhasin, Rishabh Karwa and Nitin Rana, GoMechanic has raised close to $60 million from some marquee investors, including Tiger Global, Sequoia Capital India, Orios Venture Partners and …
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.
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.
