Archive

Thursday

7 stories you need to know from India's startup ecosystem.

7Stories
4Min Read
01
Lite Updates 5 min read

K.P. Tiwari's Move From Systems Integration to Building His Own Business Software

The idea worth taking seriously here is the one about dependency. Most small and mid-sized Indian companies do not run on systems. They run on people who remember things. One person knows how leave approvals actually wor…

02
Policy 5 min read

Meta Will Cap Teen Use At Two Hours A Day Under An $18 Billion Settlement

The conditional 30 per cent is the part worth studying, because it is a new instrument. A settlement normally binds one company and hands its competitors an advantage. That is why firms litigate these cases to the last d…

03
Funding 5 min read

Slice's $450M Valuation Looks Like a Crash Until You Price It as a Bank

The valuation comparison everyone will reach for is the wrong one. At $1.5 billion in 2022, Slice was a consumer credit app priced on user growth and loan book expansion, the way software companies are priced. At $450 mi…

04
SaaS & Tech 5 min read

AMD Will Train 10,000 Delhi University Students On Its ROCm AI Stack

ROCm's problem has never been the hardware. AMD's Instinct accelerators compete on specifications. What they lack is the software gravity Nvidia accumulated over roughly two decades of CUDA being the thing universities t…

05
Funding 5 min read

Adobe Buys Rilo Twelve Months After Launch, and the Product Gets Switched Off

Strip away the framing and this is an acquihire with an IP licence attached. That is a perfectly respectable outcome, and it is not the one most of the headlines describe. Six people, twelve months, $1 million raised, un…

06
Funding 5 min read

India's PE/VC Investments Rose 52% In July, But Exit Value Fell 83%

The 52 per cent is arithmetic against a weak base. June was the tail of the slowest quarter for Indian PE/VC investment in six years, and first-half investment of $20.5 billion was 36 per cent below the same period of 20…

07
EV & Mobility 5 min read

Uber Cuts 3,300 Jobs, About 10% Of Staff, In Its Biggest Layoff Since 2020

Not blaming AI is the most revealing thing about this announcement, because the alternative explanation is a harder one. An AI-attributed layoff says the same work can be done by fewer people. What Khosrowshahi described…

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