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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.
We look at Spinny, a unicorn, to demonstrate how the used-car business is a graveyard of ideas pretending to be internet-first or internet businesses only to realize years later that the soul of the business lies in brick and mortar.
Real, valuable businesses are a dime and dozen in the world. But not all of them get to be called a unicorn.
The word, coined in Silicon Valley, has its origins in the idea that any business that calls itself a unicorn must rise up to the test that it is a technology-enabled business. And that the use of technology has propelled it to grow faster than traditional rivals, where its valuation has reached a billion dollars, while continuing to remain private.
Why is this context important? Because of the subject we are about to discuss. The purchase and sale …
Four top-level exits come at a time when the IPO-bound used-car platform is grappling with serious financial challenges.
The country’s top VC funds are flush with new fundraises. They must now find opportunities to invest, but that’s easier said than done.
The Indian mother and baby products retailer has been slow to grow in the two largest markets of the Gulf. What gives?
