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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 undoing of Zilingo, the comeback of Rahul Yadav, all things Byju’s and more.
Editor's note: It has been a year of reckoning for Indian startups. The transition from a market of abundant capital and high valuations to one with a severe liquidity crunch has been hard. This entire year was enveloped in the news about layoffs, cost-cutting, strategy overhauls and shutting down verticals. In the process, accusations of fraud and financial irregularities became a common affair. All year, we have followed the startup world closely and persistently reported on developments across sectors. Before we bid this year goodbye, we have five standout stories shortlisted from our tech coverage in 2022—from the unravelling of an edtech giant and a fashion startup to the comeback of a colourful startup founder to medical negligence and false promises to gig economy workers. How Sequoia’s Shailendra Singh pushed out Zilingo’s Ankiti Bose The undoing of Zilingo is the startup story of the year. The Singaporean fashion e-commerce company unravelled within a matter of weeks when founder and CEO Ankiti Bose was suspended and then terminated amid allegations of financial irregularities. But the Zilingo story went way beyond the official statements …
The undoing of Zilingo, the comeback of Rahul Yadav, all things Byju’s and more.
Editor's note: It has been a year of reckoning for Indian startups. The transition from a market of abundant capital and high valuations to one with a severe liquidity crunch has been hard. This entire year was enveloped in the news about layoffs, cost-cutting, strategy overhauls and shutting down verticals. In the process, accusations of fraud and financial irregularities became a common affair. All year, we have followed the startup world closely and persistently reported on developments across sectors. Before we bid this year goodbye, we have five standout stories shortlisted from our tech coverage in 2022—from the unravelling of an edtech giant and a fashion startup to the comeback of a colourful startup founder to medical negligence and false promises to gig economy workers. How Sequoia’s Shailendra Singh pushed out Zilingo’s Ankiti Bose The undoing of Zilingo is the startup story of the year. The Singaporean fashion e-commerce company unravelled within a matter of weeks when founder and CEO Ankiti Bose was suspended and then terminated amid allegations of financial irregularities. But the Zilingo story went way beyond the official statements …
In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
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.
Pricing constraints and uncertain daily-use demand cast doubt on instant help’s ability to replicate quick commerce.
In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
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.
Pricing constraints and uncertain daily-use demand cast doubt on instant help’s ability to replicate quick commerce.
