The crypto panic and Dream11’s fundraise
A circular talking about an upcoming bill to regulate cryptocurrency triggers a panic sell-off and the online gaming platform hits the high notes ahead of a listing in the US.
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The intercity bus bet by Indian startups is having its moment
Gone are the days of ramshackle buses and spotty schedules. Startups now offer a viable alternative to rail and air travel. But the real test lies ahead as they are only getting started.
FRND wants to connect lonely Indians across small towns. Will it work?
The audio chat app turned profitable by connecting people from tier-2 and tier-3 India with users who speak the same vernacular language. But its aim to turn it into a sustainable business seems too ambitious.
The real-money gaming ban and the defeat of logic in India
The complete ban on online gaming involving money is just the latest example of a country running on a whim. To anyone doing business in India, this should serve as a reminder that the axe of high-handed government regulation could fall at any time.