Recent Edition
The Snapdeal problem now belongs to public investors
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.
Razorpay's $5 billion valuation question
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.
External capital for Abu Dhabi’s youngest sovereign fund unit
L’imad Capital’s new idea of outside money, Manchester City’s thorny verdict and other updates from this week.
The great Indian insurance overhaul
IRDAI wants to fix a model where distributors chasing high commissions push unsuitable policies, hurting customers. The regulator should brace for a major industry pushback.
The House of Rare wants to be the house of everything
Manish and Akshika Poddar are trying to replicate their menswear brand Rare Rabbit’s success across other fashion categories. But it’s a crowded market and profit margins are thin.
Red flags at ESDS as Q1 results falter
The cloud provider had a blockbuster market debut on the back of a single AI deal. But the latest numbers are barely in line with the incredibly high valuation.
Captain Fresh’s acquisition binge strains its balance sheet
The seafood marketplace’s rapid global expansion has lifted the top line, but left it with rising debt, weak cash generation, and uneven returns.
Latest Stories
The Middle East Edition
Dispatches from our Gulf desk
Top Stories

Demystifying the world of freelance journalism
In a failing news ecosystem, independent journalists keep the story alive. A sneak peek into how they do things to get the best results and the challenges they face.
Latest Newsletters
A wealth of knowledge from India's top writers curated for you by The Morning Context.
Explore Newsletters on
Spotlight
Middle East

Best of Internet Coverage
Best of Public Markets coverage
Best of Chaos Coverage
Corporate Subscription
Give your team the knowledge of independent, deeply researched and well written stories with our unique team subscription plans.

Startups
Education Technology
Gift a Subscription
Give the gift of in-depth and beautifully written stories to your family and friends.

State of Unicorns
How ShopClues faded without a fight
The fall of this e-commerce giant within a decade of its launch was marked by blind optimism, a total disregard for customers and a massive failure to read the tea leaves.
Conglomerates
Join TMC Private
Meet fellow subscribers, share perspectives, and be part of a deeper offline TMC community experience.





















































