3 stories you need to know from India's startup ecosystem.
What is being funded here is a roll-up, and the people running it have run one before. A house of brands is a consolidation play with a shared back end. You assemble categories, put them on common sourcing, logistics and…
Two things in this announcement do not sit comfortably with the explanation attached to them. The first is that a fifth of the cuts had already happened. Roughly 1,000 of the 5,000 roles went in the first half of the yea…
The loss is being explained by the revenue fall, and the revenue fall is being explained by logistics. Both are true and neither is the interesting part. Logistics revenue dropped ₹1,271 crore. The cost of running logist…
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