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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 e-commerce company has survived the funding winter with all its might, cutting costs and running a lean operation. It is now hunting for a growth engine.
In nearly a decade of its existence, Meesho has turned India’s e-commerce ecosystem on its head. By somewhat democratizing the segment—offering unbranded products for budget-conscious consumers, pricing items starkly lower than rivals, foregoing commissions for sellers. But is this enough for the nine-year-old startup to keep up in the country’s ever-intensifying e-commerce race?
Turns out, the SoftBank-backed company has enough reasons to worry. None of its new ventures, for instance, seems to be doing as well as hoped. And growth in the existing business might soon max out. The Bengaluru-based company has also been hit by a slew of exits …
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.
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.
