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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 fund seems convinced that technology-led businesses in India are overvalued and not good for making big exits. Instead, what is needed to return large sums of capital are investments in mature companies with a proven track record.
The week before last, A91 Partners closed its third fund of $665 million, its largest ever.
The founding team of Abhay Pandey, V.T. Bharadwaj, Gautam Mago, Kaushik Anand and Prasun Agarwal are some of the sharpest investors in India and this must have been a big moment for them. It is another matter altogether that raising capital is tough for founders and more often than not a cause for some cheer. The same does not hold true for investors, who are in the business of investing other people’s money. Their performance is measured in the outcome of capital returned. Ideally, …
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.
After 15 years, more than $550 million in funding and over $200 million in revenue, the cloud kitchen startup must find a way to make a profit and go public. Grover is the man Rebel has chosen for the job.
