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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 bike taxi aggregator is exploring a sale, even as it hunts for fresh funding, given the state shared mobility is in and the flagging of investor interest.
From the outside, the company seems healthy. In what has been a horrible year for mobility, Rapido has closed its Series C funding this year—netting about $50 million in August. The latest round of funding valued the company at about $235 million. After Ola, Rapido has raised the most funds this year in mobility, according to data from Venture Intelligence.
Surprisingly, Rapido has been considering a sale and is in talks with at least one company for a possible buyout, according to two people aware of the details, who asked not to be identified. Meanwhile, it has also been trying …
The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
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.
