Unicommerce is an average business that needs investors but not their money

It should surprise no one that the story of this SaaS company, which recently filed draft papers for an IPO, continues to show signs of opportunism.

18 January, 20245 min
0
Unicommerce is an average business that needs investors but not their money

You may also like

Internet
Story image

PhonePe’s transition from payments to a financial services company is incomplete

The company’s IPO plans come amid weak numbers, slow growth of new platforms, challenges in its core payments business and a rather dull stock market.

Internet
Story image

Why SoftBank has shunned India

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.

Internet
Story image

Eternal, Swiggy, Zepto are all unskilled worker arbitrage businesses

Exploitation of unskilled workers is at the heart of quick-delivery service businesses in India. They should be valued for what they are and not what they pretend to be, a trait that has taken a devious form of wanting it both ways.