Pranav Mukul is a journalist currently working as a Principal Correspondent for The Economic Times, with a focus on technology, business, and aviation. With a background in journalism, Pranav has also contributed to The Indian Express. He provides insights and analysis on the latest developments in the tech and business sectors in India.
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India (National)
Pranav Mukul's coverage indicates a keen interest in business and industry, startups, technology, venture capital, e-commerce, as well as legal policy regulation. His articles also heavily feature press releases and government announcements.
Given the high percentage of press release and government announcement coverage attribute along with the topics covered such as startups and technology, Pranav seems to prioritize official statements and data-driven insights. Therefore he may be particularly interested in pitches that can provide exclusive access to new product launches or major corporate developments within these sectors.
Additionally, given his focus on legal policy regulation alongside business topics like sales & marketing, he could be receptive to commentary from experts who can analyze the impact of regulatory changes on businesses or offer insights into sales strategies for tech companies.
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By: Pranav Mukul
Titan Capital, founded by Kunal Bahl and Rohit Bansal, has raised Rs 200 crore for its new fund. The company aims to focus on its existing portfolio companies with the new capital. Major family offices and chief executives are a part of the new fund.
BookMyShow may face strong competition from Zomato after its acquisition of Paytm's ticketing business. Zomato plans to leverage its customer base and profits from other businesses to scale its new going-out vertical, aiming to grow its order value to over Rs 10,000 crore by FY26.
Uber is reviving its high-end Uber Black service in India, starting with a phased rollout in Mumbai, as the company focuses on upgrading its services to cater to the premium segment. The launch is anticipated to take place within the next few weeks.
By: Pranav Mukul, Digbijay Mishra
Once the largest online grocery player in the country, Tata-owned BigBasket fell behind the young quick commerce upstarts as the new model of rapid deliveries caught customer fancy. The 13-year-old firm is now charting a comeback in this space.
By: Pranav Mukul, Digbijay Mishra
Theres fierce competition for the right sites — now increasingly expensive and difficult to find in large cities — to set up these micro warehouses for servicing localities in the vicinity. Meanwhile, the likes of BigBasket, Zepto, Flipkart Minutes and Swiggy Instamart are recruiting aggressively, as well as poaching, people in the know told ET.
By: Pranav Mukul, Samidha Sharma
Aravind Sanka, the company's CEO, told ET that the funds will be used to expand Rapido's newly launched four-wheeler taxi service, which competes with Ola and Uber. Venture capital fund Nexus Venture Partners, which is Swiggy-backed Rapido's other existing investor, also participated in the latest fundraise, along with new backers Think Investments and New York-based Invus Opportunities.
Synopsis This will be the second funding round for PhysicsWallah, started by Alakh Pandey, a popular teacher, in 2016 as a YouTube channel providing coaching for engineering and medical entrance tests. In 2022, the profitable edtech firm raised $102 million at a $1.1-billion valuation from WestBridge Capital and GSV Ventures in its maiden funding round.
This case is part of US President Joe Bidens broader push to regulate Big Tech using antitrust laws. It comes close on the heels of a significant verdict in favour of the justice department on August 5, when a judge ruled that Google had illegally monopolised online search.
While Uber and Ola continue to dominate app-based taxi service in India, they are facing increasing rivalry from newer players such as WestBridge Capital-backed Rapido, which recently closed a $200-million funding round, BluSmart, Namma Yatri and InDrive among others.Uber has more than 1.1 million active drivers on its platform in India and the number is growing continuously, Prabhjeet Singh, president of Uber India and South Asia told ET.
Synopsis Quick commerce is spreading its wings to include consumer electronics, lifestyle, and fashion in its scope. The main players in the space are looking to address one of the biggest pain points of online fashion shopping—returns and exchanges.
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