Udaan has raised $2–2.5B over its lifetime — more than its current private valuation of roughly $0.8–1.3B, down from a $3.2B peak. Founders hold just 12.43% of the cap table. FY25 losses (₹1,055 cr) still exceed the latest equity round, revenue fell 20%, and an offshore bond default triggered insolvency proceedings in Singapore. The IPO push looks less like a growth story and more like investors engineering a documented exit at a marked-down price.

"ET Panache's viral story on a teenage 'AI startup founder' with a Burj Khalifa office ignores the one detail that matters: who actually paid for it. This critique argues the coverage conflates a parent-funded venture with a self-sustaining business, rewards spectacle over scrutiny, and misleads young readers about what real entrepreneurship requires. A pointed look at why financial journalism owes readers better due diligence — not just a dazzling headline." Lazy or greedy b

India's trading boom is creating a dangerous illusion of easy wealth. Influencers and fintech platforms increasingly portray trading as a shortcut to financial success, while SEBI data shows that over 90% of retail F&O traders lose money. The real cost extends beyond individuals to families, savings and aspirations, raising an urgent question: are we encouraging young Indians to create wealth—or merely to chase it?

Foreign influence has become one of the defining governance challenges of the digital age. Across democracies, governments are increasingly concerned about the ability of foreign actors to shape public discourse through funding of media organizations, think tanks, advocacy groups, research institutions and digital platforms. India is no exception. As cross-border capital flows become more sophisticated, concerns about opaque funding structures, hidden beneficial ownership and

David vs Goliath in Indian Fitness: How Habuild’s Quiet Discipline Challenges Curefit’s Capital-Fuelled Empire