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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.
Nestled in the auditor’s notes for 2021-22 are cutting comments about an utter lack of internal controls over prices charged to customers and hospitals, and more.
On 30 December, several news reports said Pristyn Care saw a 45% surge in revenue in the year ended 31 March 2023. And that it is all set to “touch Rs 1,000 crore” in the current fiscal year. Some of these articles were basically based on a press release by the startup—touted as India’s largest health tech company and mired in controversy—while others cite numbers from its financial statements.
However, the statements for 2022-23 are not available on the Ministry of Corporate Affairs website. Curiously, on the same day, 30 December, Pristyn Care appears to have filed its financial statements …
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.
