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

3Stories
3Min Read
01
Funding 5 min read

RapidCanvas Raises $29M on the Bet That AI Pilots Fail for Lack of People, Not Software

Most companies have now tried AI. Far fewer have it running. Across enterprises, the past two years have produced a long list of pilots, chatbots and proofs of concept, and a much shorter list of applications that change…

02
AI 4 min read

CoreWeave's Bonds Are Being Priced Like Distressed Debt While Its Backlog Says Otherwise

A bond yielding five points above its own coupon is not a sentiment indicator. It is a specific statement about repayment. When CoreWeave issued the 2032 notes, buyers accepted 9.625 per cent as fair compensation. Anyone…

03
Markets & IPO 4 min read

Zetwerk's Book Is At 0.23 Times On Day One, And Retail Is The Number That Reads

Day one subscription figures are mostly noise, and this one is mostly noise too. But not entirely, and the part that signals is not the headline. With 75 per cent of the net offer reserved for institutions, the overall m…

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