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Hyper-local delivery startup Genie to halt operations; to deliver last order on March 31

Charu Lamba -
Chennai based hyper-local delivery startup, Genie is halting its operations and will be delivering the last order on March 31. Genie decided to shut shop as it failed to raise the funds to sustain operations and for growth. The company made...
Food

Swiggy to consolidate market position; to turn profitable in all 7 cities

Charu Lamba -
Despite beginning with a bang, Indian food tech startups have been feeling the heat since 2015. Many of them have either shut shop, others have scaled down operations. Though, initially touted to be worth US $50 billion, food tech startups...
Food

5 food-tech startups in troubled waters

Charu Lamba -
The Bubble Is Bursting Despite beginning with a bang, Indian food tech startups have been feeling the heat since last year. Many of them have either shut down or have scaled down their operations. Though, initially touted to be worth $50...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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