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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 rooftop solar solutions provider, in its quest for scale, is overpromising and underdelivering on projects, leaving a trail of very angry homeowners
Editor's note: Half an hour into the call, the man finally dropped his guard. It felt like a levee had broken and the water had come gushing out. “We were so inundated with complaints, it was difficult to track them all. That’s what used to happen, at least till last year when ZunRoof changed its model,” he said. “There were cases of miscommunication, overpromising and underselling, problems in execution, numerous complaints of delays, even fraud,” he added for good measure. The man here is a government official whose department works closely with the Energy Efficiency and Renewable Energy Management Centre, the Delhi government’s nodal agency for rooftop solar projects and responsible for promoting renewable energy, energy efficiency and energy conservation. ZunRoof (ZunRoof Tech Pvt. Ltd) is a Gurugram-based rooftop solar solutions provider and currently offers its services in over 70 cities across 11 states in India. It was launched in 2016, and claims to have an installed capacity of 16MW across 4,500 residential rooftops. It has raised $4.7 million across five rounds of funding. “ZunRoof would get orders from customers and hire a third-party …
The online storytelling company is betting that content will be the most sought-after commodity as scores of platforms jump on the microdrama bandwagon. But success will hinge on whether it has a good enough story to draw the audience.
SEBI has lowered the bar for loss-making startups to list. In that context, a company like Zepto redefines the meaning of risk in public market investing.
The 15-year-old company has bought one brand after another in the hope of growing fast. That plan has fallen flat on its face, but there’s no stopping Wingreens.
