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Venture ambition gets a dose of realism 💁‍♀️
Issues

Venture ambition gets a dose of realism 💁‍♀️

Another unicorn has found itself on the wrong side of the law. India’s income-tax department is sniffing around [https://techcrunch.com/2022/03/20/india-tax-department-probe-into-infra-market-finds-bogus-purchases-undisclosed-income/] for misappropriation of funds and lack of reporting at unicorn venture Infra.Market — which runs a construction focused B2B-marketplace [https://infra.market/]. Details are

Mota bhai gave Amazon a business lesson 🤡
India

Mota bhai gave Amazon a business lesson 🤡

What’s poppin’ — the prolonged Future Retail and Reliance saga has reached an interesting turn, where the cash-strapped Future is now accusing its savior Reliance [https://www.livemint.com/companies/news/future-says-reliance-s-takeover-of-stores-came-as-a-surprise-pledges-action-11647428639195.html] of forcibly taking control of thousands of its stores, vowing to take them back. Some context: Future

Bansal’s 2nd venture is ready to IPO🥳
India

Bansal’s 2nd venture is ready to IPO🥳

What’s poppin’ — Navi Technologies, the latest startup founded by Sachin Bansal barely 4 years ago, [https://economictimes.indiatimes.com/tech/startups/sachin-bansals-navi-to-file-for-rs-4000-crore-ipo-this-week/articleshow/90052042.cms] is ready to hit the street [https://economictimes.indiatimes.com/tech/startups/sachin-bansals-navi-to-file-for-rs-4000-crore-ipo-this-week/articleshow/90052042.cms] — planning on filing its papers for a ₹4,

India's newest unicorn startup is a YouTube channel 🤑
Business

India's newest unicorn startup is a YouTube channel 🤑

What’s poppin’ — Entrackr says, Physics Wallah, an entrance-exam coaching company that started as a YouTube channel is in talks to raise roughly $100 million, its first outside money, from Westbridge capital [https://email.mg2.substack.com/c/eJwlkcGOhCAMhp9muGEQQfTAYS_7GgahKhkHDJRxfPvFnYTQNG35y_dbg7DGdOkjZiT3NeF1gA5w5h0QIZGSIU3eac5byVqpiNPCtYMciM_TkgBexu8aUwFylHn31qCP4Z7olJQt2bQcTM9m27VGgOPc2pEZIYQbxhEGO3ZfXVOch2BBwxvSFQOQXW-IR350Pw_-Ww8ETMY-U2Pjq6accV4D6-7Sx-4l-zfQOUbMte84wNGMJmE56LFd2dtMT7PvZ