Sounak Mitra

Associate Editor

Moneycontrol

Sounak Mitra is an Associate Editor, Moneycontrol. He has been writing on corporate issues and policy for more than 15 years, having previously worked with Mint, Business Standard, Mergermarket, The Telegraph and The Times of India.

Bhavish Aggarwal's vision for Ola is a cross between Uber and Tesla

BUSINESS

Bhavish Aggarwal's vision for Ola is a cross between Uber and Tesla

Acquisition of Etergo may look unrelated to Ola’s service business but maybe Ola has decided it needs a new business

Amazon is hungry for more in India

BUSINESS

Amazon is hungry for more in India

The Jeff Bezos-owned e-commerce firm wants more of the consumers' wallet in India, and food delivery is just one more ingredient.

Will ‘Made in India’ iPhones have price advantage over ‘Made in China’ ones?

BUSINESS

Will ‘Made in India’ iPhones have price advantage over ‘Made in China’ ones?

Yes, they will be cheaper but don’t expect a drastic price reduction because of component sourcing inefficiencies.

Zomato and Grofers are both food delivery companies but the similarity ends there

BUSINESS

Zomato and Grofers are both food delivery companies but the similarity ends there

Zomato’s entry into online grocery may appear as a natural extension, but online grocery is much more than delivery of goods

E-commerce | CCI probe on Flipkart and the case for tapering discounts

STARTUP

E-commerce | CCI probe on Flipkart and the case for tapering discounts

Guilty or not, e-commerce firms should put a stop to burning investors’ money for deep discounts

Is the startup ecosystem maturing in India?

STARTUP

Is the startup ecosystem maturing in India?

The number of new startups dropped to a nine-year low in 2019, but overall fund inflow jumped to a five-year high

Social Media | It’s time to be accountable

POLITICS

Social Media | It’s time to be accountable

The new clause in India’s proposed amendment of the Information Technology Act puts the onus on social media companies for non-user generated content shared on their platforms, hoping to curb circulation of misinformation, abusive and objectionable content.

Startup Corner | Oyo needs to find a path to profitability -- the sooner, the better

COMPANIES

Startup Corner | Oyo needs to find a path to profitability -- the sooner, the better

Mounting losses, fast-paced expansion in almost everything, retrenchments, governance issues and inflated valuation metrics may emerge as speed breakers for Oyo

WhatsApp Pay could change digital payments landscapes in India and globally

ECONOMY

WhatsApp Pay could change digital payments landscapes in India and globally

WhatsApp’s acceptance and popularity among Indians is a key advantage for its payment offering Whatsapp Pay

What’s cooking | Profitability takes a back seat as Zomato buys Uber Eats

COMPANIES

What’s cooking | Profitability takes a back seat as Zomato buys Uber Eats

Uber Eats customers are prone to high discounts and Zomato will have to feed them accordingly for retention. Besides, Swiggy is bound to increase discounts to get back its market leadership

Jeff Bezos, Make in India and selling dreams to millions of Indian small businesses

BUSINESS

Jeff Bezos, Make in India and selling dreams to millions of Indian small businesses

More than 50,000 Indian SMBs exports Made-in-India products through Amazon’s Global Selling Programme.

Startup Corner | Byju’s small city aspirations may partly explain its $8 billion valuation

COMPANIES

Startup Corner | Byju’s small city aspirations may partly explain its $8 billion valuation

At $8 billion, Byju’s is the most valued ed-tech firm in the world, and the third most-valued startup in India after Paytm and Oyo

E-commerce | CCI study hints at a policy that bars differential discounts

STARTUP

E-commerce | CCI study hints at a policy that bars differential discounts

Competition Commission study on e-commerce outlines the regulator’s plans for enforcements and advocacy, hinting at possibilities to examine certain issues on case-to-case basis

Zero MDR may be good for digital adoption but at what cost?

ECONOMY

Zero MDR may be good for digital adoption but at what cost?

No income from transactions could make businesses unviable for key stakeholders, which could lead to investors shying away.

Data Privacy | The making of a Surveillance State

TECHNOLOGY

Data Privacy | The making of a Surveillance State

India’s proposed Personal Data Protection Bill 2019 gives absolute power to the Centre to exempt its agencies from the purview of the Law if the Central Government is satisfied that it is necessary or expedient in the interest of the sovereignty and integrity of India, the security of the State, friendly relations with the foreign States, public order

Ola IPO | Bhavish Aggarwal likes walking down the Uber path, even to the Street

TECHNOLOGY

Ola IPO | Bhavish Aggarwal likes walking down the Uber path, even to the Street

Ola wants to go public in two years from the time Uber went public. While that may be in keeping with its desire to follow in its footsteps, it may be premature for Ola to tap retail investors.

Privacy Matters | India needs a new law to regulate govt surveillance

TECHNOLOGY

Privacy Matters | India needs a new law to regulate govt surveillance

While the State’s surveillance on its citizens is legal under certain circumstances, it’s unconstitutional. There should be judicial surveillance on the authorities who have the power to allow surveillance on individuals to stop breach of power.

Startup Corner | A $1-billion injection won't solve Paytm's problems, Sharma needs better focus

TECHNOLOGY

Startup Corner | A $1-billion injection won't solve Paytm's problems, Sharma needs better focus

The odds are stacked against Paytm. In every business segment, Paytm founder Vijay Shekhar Sharma is fighting against multiple, focussed players and with cash burning capacity. Sustenance is becoming a question, forget leadership in its markets.

Policy | India is ill-prepared to use facial recognition sans a legal framework

TECHNOLOGY

Policy | India is ill-prepared to use facial recognition sans a legal framework

To restrict the abuse of the technology, India needs to have a proper law that regulates facial recognition before law enforcement agencies use the technology. A law is also needed for data privacy and protection.

Shared Mobility | Uber's single largest investment in India is just a step towards its bigger dream

TECHNOLOGY

Shared Mobility | Uber's single largest investment in India is just a step towards its bigger dream

After exiting China, Uber’s natural bet is on India. Besides investing in the core raid-hailing business, Uber is putting fresh money in new businesses.

WeWork Debacle | SoftBank-funded startups in India may feel the pain as Son cracks the whip

TECHNOLOGY

WeWork Debacle | SoftBank-funded startups in India may feel the pain as Son cracks the whip

The injury from WeWork debacle went beyond money... It may now mean the joyride for startups funded by SoftBank is over and it's time for them to show the money.

Crypto Wars | China’s blockchain focus could pose a serious threat to US digital currency ambitions

BUSINESS

Crypto Wars | China’s blockchain focus could pose a serious threat to US digital currency ambitions

The US-China trade war could become yesterday’s news if the race to launch a digital currency takes off in earnest

Buy, sell or wind up – small digital payments firms face harsh reality

COMPANIES

Buy, sell or wind up – small digital payments firms face harsh reality

Consolidation is unavoidable in India's payments space. Smaller firms like MobiKwik will struggle because India’s digital payments business is still dominated by cashback offers.

Wallet Wars | It may be too early to rejoice in PhonePe’s valuation

COMPANIES

Wallet Wars | It may be too early to rejoice in PhonePe’s valuation

Walmart has truly unlocked value in PhonePe. But its success as a spin-off solely depends on how much money it manages to raise from investors, including Walmart, and for how long.

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