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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 draft prospectus of the nine-year-old health tech company is about a stagnant business and a brutal sector.
Two weeks ago, home healthcare company Portea filed its draft initial public offering papers. The company, founded and run by serial entrepreneur couple K. Ganesh and Meena Ganesh in 2013, is the second health technology startup to attempt a public listing in the past year; the other one is online pharmacy PharmEasy, which filed a draft red herring prospectus late last year but hasn’t gone ahead with an IPO yet. From the series of startups backed by the Ganesh couple—including BigBasket, BlueStone and HomeLane—Portea is in fact the first to have filed for an IPO. And it is a fascinating …
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.
