Thursday, March 30, 2023

Exclusive: Behind Tata Neu’s muted first year performance; Gokul Rajaram on Indian startups, valuations & more

Tata Digital's much-hyped superapp Neu has had a slow start in its first year of launch. Sources told us that the platform contributed less than 10% of gross sales for two of its biggest digital assets — egrocer BigBasket and epharmacy 1mg.

from Tech-Economic Times https://ift.tt/j6lcdYB
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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...