Top News Of the Day:
1. Avanse secures Rs 1,000 crore (around $120Mn) equity funding from Mubadala
2. Aeria Bags Funding of $1.8Mn (around INR 14.94 Cr.) To Offer AI-Enabled Coworking Solutions
3. Arapl RaaS secures INR 38 Cr. in funding and appoi
But y at times companies making profit gets acquired why do they shell their stack to big global companies
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Asifur Borbhuyan
🗿 • 1y
Why doesn't India have any companies that leading the global marke in any sector?
3 replies3 likes
Vishu Bheda
Transforming vision ... • 11m
Just for curiosity 🤔,
Why India don't have big product companies like apple, Microsoft etc?
India only have big service companies like tcs, Infosys,hcl etc
Phonepe was acquired by Flipkart in 2016.
Later
In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart.
So, why need another UPI app?
Don't get me wrong, but I can't understand why Elon who is running a for-profit company (XAi) is making so much effort to not let OpenAi turn for profit
I know that OpenAi was started as a non profit company, but they aldredy turned into a capped pr
Can someone tell me why do VC's keep funding companies like Byju's and OYO for years even though they keep on making losses year on year.
10 replies9 likes
Pravar Rai
Out of my mind. Back... • 6m
Why do some companies make a turnover of 10cr whereas another company in the same sector makes 100cr??
Whats the difference between both of them if they both started at the same time have the same audience…what differentiates those big companies fr
