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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
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...

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...

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 :