
Pranav Balakrishnan
Special Correspondent at The CapTable
Business + tech journalist covering EVs, shared mobility, D2C and e-commerce @thecaptableco | Ex- @EconomicTimes, @TheKenweb | ACJIndia-Bloomberg 2019, (he/him)
Articles
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1 week ago |
the-captable.com | Shivani Verma |Pranav Balakrishnan
On a humid May afternoon, seated in his Gurugram residence, Prashant Tandon speaks with the calm assurance of someone who has spent over a decade navigating both regulatory mazes and the challenges of one of the most complex sectors—healthcare. As the co-founder and CEO of Tata 1mg, Tandon has been the steady hand guiding the company’s transformation from a medicine information app to one of India’s most prominent digital health platforms.
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2 weeks ago |
the-captable.com | Pranav Balakrishnan
Key Takeaways Meesho built Valmo to reduce reliance on third-party logistics (3PL) firms and cut shipping costs The move disrupted India’s logistics market—but also triggered consolidation that shrank Meesho’s external options With Valmo hitting operational limits and 3PL power reconsolidating under giants like Delhivery, Meesho now has less leverage than before Meesho’s low-cost, asset-light logistics model faces challenges in scaling to new regions or high-value products—forcing continued...
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3 weeks ago |
the-captable.com | Pranav Balakrishnan |Nikhil Patwardhan
Key TakeawaysBluSmart’s board included an independent director with potential conflicts of interest, raising questions over the integrity of its governance structuresIndependent director Inderpreet Wadhwa had commercial interests through Clime Finance, which leased EVs to BluSmart’s sister concern Gensol Engineering, which in turn leased them to BluSmartThe board also failed to flag BluSmart’s worsening financial condition, including unpaid taxes and cash flow issues.
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1 month ago |
the-captable.com | Pranav Balakrishnan
Ather Energy’s public listing has had a subdued start. Known for its deliberate, meticulous approach to product launches, Ather has built a reputation for high-quality electric vehicles (EV). However, when the company went public earlier this week, it had a disappointing start to life on the bourses. While the company’s shares debuted at Rs 321 per share, they closed at Rs 310.40 on day one.
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1 month ago |
the-captable.com | Pranav Balakrishnan
Eternal, better known by its food delivery platform Zomato, kicked off earnings season for India’s new-age tech companies with yet another tepid show in its core food delivery business. Overall, Eternal reported a 78% year-on-year drop in net profit to Rs 39 crore in the last quarter of the year ended March 2025, even as its operating revenue jumped 64% to Rs 5,833 crore. The company has introduced a new metric in addition to gross order value, or GOV.
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