/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The on-demand company has entered the billion-dollar valuation club, thanks to its smart intra-city play. The segment is now hotting up, with both startups and legacy players joining the race.
Last month, Porter grabbed the headlines by turning a unicorn. India’s top on-demand logistics startup raised $200 million in a Series F round led by Kedaara Capital and Wellington Management, at a valuation of $1.2 billion. While joining the much-coveted club is certainly a feather in the company’s cap, another piece of news put a dampener on all the excitement.
The same month, Uber rolled out Courier XL in India, enabling intra-city delivery of packages weighing up to 750 kg. In taking its same-day delivery service up a notch, the ride-hailing giant has finally targeted a segment that has been …
As Rapido and Uber pull ahead, falling traction and mounting financial stress leave Ola with few options.
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 ride-hailing company is gradually ramping up its food delivery business and at least one of the two major players has blinked in response. How credible is the threat?
