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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.
The NBFC’s clarity on business strategy and RIL’s seeming lack of one with its latest acquisition make for an interesting contrast.
Editor's note: Advait here. One of you, dear readers, asked us about Five Star Business Finance’s upcoming IPO. I’m glad you did. Though I have been covering non-banking finance companies for a while, Five Star hasn’t really been anything more than a blip on my radar. But it’s draft prospectus makes for a fascinating read. Similarly intriguing has been Mukesh Ambani taking the keys of the famed Mandarin Oriental Hotel in New York. A billionaire’s splash, or something more strategic? Read on. A focused and secure approach It is rare to see a lender sticking to one or two products, and going after a specific target segment. Over the past two decades, Five Star Business Finance has managed to do just that by embedding itself in the small and medium enterprise lending market, particularly in South India. Intriguingly, the company has been undistracted in its lending strategy at a time when fintechs and shadow banks are all building multi-product digital-first companies. These are two of the reasons why there is an interest in the 38-year-old company after the Securities and Exchange Board …
The NBFC’s clarity on business strategy and RIL’s seeming lack of one with its latest acquisition make for an interesting contrast.
Editor's note: Advait here. One of you, dear readers, asked us about Five Star Business Finance’s upcoming IPO. I’m glad you did. Though I have been covering non-banking finance companies for a while, Five Star hasn’t really been anything more than a blip on my radar. But it’s draft prospectus makes for a fascinating read. Similarly intriguing has been Mukesh Ambani taking the keys of the famed Mandarin Oriental Hotel in New York. A billionaire’s splash, or something more strategic? Read on. A focused and secure approach It is rare to see a lender sticking to one or two products, and going after a specific target segment. Over the past two decades, Five Star Business Finance has managed to do just that by embedding itself in the small and medium enterprise lending market, particularly in South India. Intriguingly, the company has been undistracted in its lending strategy at a time when fintechs and shadow banks are all building multi-product digital-first companies. These are two of the reasons why there is an interest in the 38-year-old company after the Securities and Exchange Board …
The quick-commerce startup weighs a valuation cut or finding alternative funding to stay afloat as investor appetite for loss-making businesses weakens.
The Bengaluru-based contract manufacturer lands in legal hot water with the California-headquartered transformer startup over a trade secret dispute.
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
The quick-commerce startup weighs a valuation cut or finding alternative funding to stay afloat as investor appetite for loss-making businesses weakens.
The Bengaluru-based contract manufacturer lands in legal hot water with the California-headquartered transformer startup over a trade secret dispute.
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
