Why NestAway crashed

The proptech startup was recently sold at a 95% valuation cut. A flawed business strategy following the pandemic, lax HR management and indifference towards customers are to blame.

5 June, 202310 min
0
Why NestAway crashed

You may also like

Internet
Story image

How Dubai’s PRYPCO is riding the real estate high

Co-founder Essa Ibrahim talks about the idea behind the proptech, its ongoing momentum and the popular tokenization pilot with the Dubai Land Department.

Internet
Story image

The Prasuma playbook: build slow, build well, sell right

Co-founder Lisa Suwal talks about how she scaled a family deli-meat business without a single rupee of venture capital and her decision to sell to ITC.

Business
Story image

Mankind needs to get its mojo back

Once a stock market darling, the pharma company is bearing the brunt of a costly acquisition.