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Technology + startups

1
Venture capital

Druva, HeadSpin, Postman: how Nexus Partners pulled off a triple-unicorn feat in enterprise tech

While actively participating in the Indian consumer-Internet gold quest, Nexus placed an equal emphasis on enterprise IT. Today, its line-up of B2B tech startups accounts for two-thirds of its portfolio and roughly half of its USD1.5 billion investment through six funds. Here’s the story of how it built a promising portfolio of enterprise-tech unicorns and soonicorns.

Venture capital

Druva, HeadSpin, Postman: how Nexus Partners pulled off a triple-unicorn feat in enterprise tech

While actively participating in the Indian consumer-Internet gold quest, Nexus placed an equal emphasis on enterprise IT. Today, its line-up of B2B tech startups accounts for two-thirds of its portfolio and roughly half of its USD1.5 billion investment through six funds. Here’s the story of how it built a promising portfolio of enterprise-tech unicorns and soonicorns.

Digital economy

“Bangalored” is passé, Bastar is here: why rural BPOs hope to grab a chunk of post-pandemic work

Since the late noughties, when they started coming up, rural BPOs have leveraged their favourable economics to grab small slices of the business. Beating the odds, they have gradually consolidated their position. During the lockdown, they had to rally their meagre resources to implement work from home, but they hope the new paradigm will further boost their prospects.

Strategy

Persistent began with IT products and promise. Having fallen behind, its revival hinges on services.

The Pune-based company founded in 1990 lost some of its shine as it struggled to scale its services business. With USD500 million in revenues, it has not been able to keep pace with its peers. Moreover, it has struggled to maintain its margins and faced frequent senior-level attrition. Can the new management hired over a year ago steady the ship?

headset AUDIO SUMMARY . 01:32
Cybersecurity

EU to probe TikTok’s data-processing and privacy practices

The European Data Protection Board has set up a task force to investigate the ByteDance-owned app’s data-processing activities and privacy practices. The action comes following concerns raised by a member of the European parliament over TikTok’s security and privacy risks.

16 Jun 20200 comment
Smartphones

Smartphone maker Oppo jumps on the custom-made chip bandwagon

Oppo is the latest Chinese smartphone maker to announce plans to step up chipmaking efforts amid the ever-growing competition of the 5G era. Oppo’s main partners in the endeavour include US giant Qualcomm, Taiwan-based MediaTek and South Korea’s Samsung Electronics.

10 Jun 20200 comment
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