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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 Mahapatras, who were supposed to invest nearly half the targeted Rs 2,250 crore, haven’t done so yet, forcing the Ajay Singh-led airline to seek more time to complete the exercise.
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
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.
As much as he would like to convince investors about the airline’s prospects, it’s increasingly clear the low-cost carrier is just about managing to stay afloat.
