Gautam Adani's plans for an India super-app could run into a tech downturn

Adani Enterprises Ltd., the group's flagship, is seeking to raise 200 billion rupees ($2.5 billion) by selling new shares. The additional firepower may come in handy to beef up the fledgling super-app

Gautam Adani is ready to unveil his much-hyped super-app, made by an in-house startup he wants to be “the Ferrari of the digital world.” The portal will take off in the next three to six months, Asia’s richest tycoon told the Financial Times in a recent interview. But Adani seems to have missed the sweet spot when demand for online services boomed during the pandemic. Now, the tech industry is in turmoil globally. Meanwhile, competition in Indian e-commerce is intense. Will Adani’s Ferrari get stuck in bumper-to-bumper traffic?
 

The mobile app will connect passengers at Adani’s network of airports with