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VOICE ARCHIVE

Pranav Mukul

@pranavmukul
10 posts
2026-02-17
💰🌐 @samidhas and I wrote today about top global and Indian venture capital firms planning to commit $300-500m each into AI startups at the ongoing AI Summit These investments will range across AI layers from infra to applications Several big deals announced recently @ETtech
2026-02-17 View on X
The Economic Times

Sources: top VC firms in India like Khosla and Accel are set to commit investments from $300M to $500M each to India's AI ecosystem at the AI Impact Summit

Top venture capital firms in India are set to invest $300-500 million each into the country's AI ecosystem, covering infrastructure …

💰🌐 @samidhas and I wrote today about top global and Indian venture capital firms planning to commit $300-500m each into AI startups at the ongoing AI Summit These investments will range across AI layers from infra to applications Several big deals announced recently @ETtech
2026-02-17 View on X
Reuters

Indian conglomerate Adani Group announces plans to invest $100B to build renewable energy-powered AI-ready data centers across India by 2035

Adani Enterprises (ADEL.NS) said on Tuesday that the group will invest $100 billion to build renewable energy-powered AI-ready data centres by 2035 …

2025-12-28
Confirmed. (Via newspaper ad) [image]
2025-12-28 View on X
The Economic Times

Bengaluru-based quick grocery delivery startup Zepto confidentially files for a ~$1.3B India IPO; Zepto raised $450M at a $7B valuation in October 2025

The listing is planned for the July-September quarter of 2026.  In October, the quick commerce major had closed a $450 million round, valuing it at $7 billion.

2025-09-11
Rapido, once dismissed as a bike-taxi app, now controls nearly half of India's ride-hailing market. It has grabbed 30% of the cab segment too — much of it from Ola, but Uber is starting to feel the heat. [image]
2025-09-11 View on X
The Economic Times

Sensor Tower: in July, Rapido had nearly 50M MAUs on Android in India, above Uber's 30M; Rapido has a nearly 30% share in four-wheeler cabs and Uber has ~50%

much of it from Ola, but Uber is starting to feel the heat. [image] Pranav Mukul / @pranavmukul : 🚕Important today for @ETtech: When Uber CEO Dara Khosrowshahi called Rapido the “t...

🚕Important today for @ETtech: When Uber CEO Dara Khosrowshahi called Rapido the “tougher competition in India” last month, it wasn't casual praise. It was a signal: the Uber-Ola duopoly is over. A new heavyweight has entered the ring. Read more: 👇
2025-09-11 View on X
The Economic Times

Sensor Tower: in July, Rapido had nearly 50M MAUs on Android in India, above Uber's 30M; Rapido has a nearly 30% share in four-wheeler cabs and Uber has ~50%

much of it from Ola, but Uber is starting to feel the heat. [image] Pranav Mukul / @pranavmukul : 🚕Important today for @ETtech: When Uber CEO Dara Khosrowshahi called Rapido the “t...

🔥But Uber's playbook looks reactive. Price wars and replicating models may buy time, but Rapido has momentum and fresh capital. Its bigger challenge: burning $4-5 mn a month while pushing into food delivery.
2025-09-11 View on X
The Economic Times

Sensor Tower: in July, Rapido had nearly 50M MAUs on Android in India, above Uber's 30M; Rapido has a nearly 30% share in four-wheeler cabs and Uber has ~50%

much of it from Ola, but Uber is starting to feel the heat. [image] Pranav Mukul / @pranavmukul : 🚕Important today for @ETtech: When Uber CEO Dara Khosrowshahi called Rapido the “t...

India's mobility battle is no longer Uber vs Ola. It's Uber vs Rapido, with Ola fading in the background. The question now: can Rapido sustain its growth without collapsing under the weight of cash burn and overreach?
2025-09-11 View on X
The Economic Times

Sensor Tower: in July, Rapido had nearly 50M MAUs on Android in India, above Uber's 30M; Rapido has a nearly 30% share in four-wheeler cabs and Uber has ~50%

much of it from Ola, but Uber is starting to feel the heat. [image] Pranav Mukul / @pranavmukul : 🚕Important today for @ETtech: When Uber CEO Dara Khosrowshahi called Rapido the “t...

The numbers tell the story: Rapido had ~50M monthly active Android users in July vs Uber's 30M. In India, where Android dominates, that gap is glaring. Uber has responded with fare cuts and driver-friendly subscription plans. [image]
2025-09-11 View on X
The Economic Times

Sensor Tower: in July, Rapido had nearly 50M MAUs on Android in India, above Uber's 30M; Rapido has a nearly 30% share in four-wheeler cabs and Uber has ~50%

much of it from Ola, but Uber is starting to feel the heat. [image] Pranav Mukul / @pranavmukul : 🚕Important today for @ETtech: When Uber CEO Dara Khosrowshahi called Rapido the “t...

2025-03-29
🚨Another bummer for Gensol Engineering/BluSmart ➡️The deal to sell 2,997 EVs to Refex Industries has now been called off. ➡️Refex says the decision has come as a result of “evolving commitments at both ends”. @ETtech [image]
2025-03-29 View on X
Inc42 Media

Gensol's troubles cast doubt on the future of Indian EV ride-hailing firm BluSmart, founded by Gensol's promoters; BluSmart has raised $180M in debt and equity

There seems to be no respite for Gensol Engineering and ride-hailing startup BluSmart.  In a fresh development …

2024-05-22
Paytm: For the coming yr, while we continue to invest in the merchant sales team, as well as risk & compliance functions, we expect reductions in other employee costs. We expect annualised people cost savings of ₹400-₹500Cr ET reported of layoffs in Dec https://economictimes.indiatimes.com/ ...
2024-05-22 View on X
TechCrunch

Paytm parent One 97 Communications reports a $66.1M net loss in Q4, up from $20.11M in Q4 2023, on $272.3M revenue, as it grapples with a regulatory clampdown

Manish Singh / TechCrunch :