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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 company is aiming for an IPO by August next year. But what exactly is this firm—a financing operation, a tech business, an overvalued minefield of round-tripping or something else entirely?
In an efficient physical world, a company like OfBusiness would have no reason to exist.
Ideally, a supplier of raw material finds a buyer, cash or credit is exchanged and the transaction is concluded. But typically, these buyers and suppliers are in far-off places, or perhaps don’t know of each other’s existence. This is when a meeting place enters the picture. And while exhibitions and trade conferences have been serving this need for years, these events have now given way to internet platforms. Think of it as a two-sided online marketplace where buyers and suppliers meet.
In its purest form, …
Most business-to-business companies waiting to list on the public markets have a problem that prospective investors should be aware of: severe indebtedness.
For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.
