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Indian quick commerce companies like Swiggy, Zepto and Flipkart are slowing down dark store expansion to rein in cash burn after an aggressive year of growth (Pranav Mukul/The Economic Times)

Pranav Mukul / The Economic Times : Indian quick commerce companies like Swiggy, Zepto and Flipkart are slowing down dark store expansion...

29 March 2024

Sources: Accel is in talks to lead a round in Scale AI at a $13B valuation, up from $7.3B in 2021; Scale AI generated $675M+ in revenue in 2023, up ~150% YoY (The Information)

The Information:
Sources: Accel is in talks to lead a round in Scale AI at a $13B valuation, up from $7.3B in 2021; Scale AI generated $675M+ in revenue in 2023, up ~150% YoY  —  Venture capital firm Accel, an early investor in the data labeling startup Scale AI, is in talks to lead a new round of funding …

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