BT exits startup Distributed, two years after £30m bet

Joe Purnell2024-12-03T14:13:00

Source: Distributed

Harmeen Mehta-era £30m commitment to BVI-bound software engineering talent-on-demand startup comes to an inauspicious end. DSTBTD’s FY23 financials indicate cash-strapped operation…

This article includes:

Organisations: BT Digital; BT Group; Distributed (DSTBTD); DNY Investment Holdings; Etc.; HMRC; iO Sphere; Monva; Progility.
Geographic: British Virgin Islands; UK.
People: Callum Adamson; Charles Lindon; Gerard Delaney; Harmeen Mehta; James Cotton; Jess Kyte; Mark Murphy; Scott Kiehl; Simon Bittlestone; Tom Guy.
Themes: Elastic Teams; Product Factory; Acquisition; Digital services; Drones; Electric vehicle (EV) charging; Equity investment; Fintech; Health services; Outsourcing; Software engineering; Startup amplifier; Talent-on-demand; Transformation.

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