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Unicorn Alert! Ather Energy, an Indian electric scooter manufacturer, is now the 4th Unicorn of 2024. After raising $71 million in a funding round led by National Investment and Infrastructure Fund (NIIF) pushing their valuation to $1.3 billion Fou

Here’s a quick list of failed Indian startups: 1. Zilingo – Shut down due to financial mismanagement. 2. Fynd – Failed due to stiff competition and unsustainable profits. 3. Katerra India – Shutdown due to poor execution and market adaptation is

What next for Ather? A Hero subsidiary status? 😅😅 With the latest development, that has never been more likely. Let's dive in! .. Whenever Ather Energy’s in need of more money, Hero pounces in. -> This was evident in the Sep rights issue where

SoftBank's Vision Towards India! • In mid-2024, SoftBank Investment Advisers resumed its investments in India after an 18-month long pause. • SoftBank's portfolio has shown significant growth, with a value of $14 billion, including all Vision Funds

Firstly we had traditional taxis, then Uber and Ola came with their asset light model but still after so many years they were loss making. Now BluSmart has tried to get the best of both the world's, having their own fleet like traditional taxis while

ONE INTERESTING OBSERVATION SERIES DAY #9 Koo, an Indian social media platform, is shutting down. One of the major reasons for its downfall was lack of user engagement. But there's another Indian social media platform with some interesting statist

Attrition at Ola Electric is 2.5x of Ather, 5x of TVS and 12x of Hero 📛📛 The employee attrition woes at Bhavish’s company are simply too big to ignore, now that it is a public company. .. At 47.48%, for those who may not get it, this implies tha

Hi How does a loyalty points aggregator platform sound like? Wherever the user buys. If that is a partnered app. The loyalty points will be shown in the app. And that alone or + offers will give an incentive for the users to shop with them again aga

OpenAI has generated $3.4 billion in annualized revenue from ChatGPT subscriptions as of mid-2024. This represents a more than doubling of revenue from late 2023, when it was around $1.6 billion. Most of OpenAI's revenue, about $3.2 billion on an an

Mumbai-based Thrive has announced the closure of its consumer app amid stiff competition from giants like Zomato and Swiggy. Thrive's co-founder, Krishi Fagwani, shared that the company will now focus on transitioning its other segments, like Thriv