BUSINESS
Mitron an Indian app, origin of developer irrelevant, say founders Anish Khandelwal and Shivank Agarwal
The duo denies Made in Pakistan accusation, say they are the legal owners of the codebase and any claim to the contrary is mischievous and libellous.
BUSINESS
India-China standoff: Flipkart, Paytm invite Twitterati's wrath over Chinese investment
Chinese investors have pumped in over $5 billion in the Indian startup ecosystem so far.
BUSINESS
Coronavirus impact | Travel industry counting on staycations to drive early business
From investing heavily in workstation setups to ensuring zero-contact check-ins, hotels are ticking every box in order to cash in on the early wave of opportunity.
BUSINESS
ESOPs were once the rage in startups. Not anymore
As companies look to conserve cash, ESOPs should come into play but they find few takers among employees as well as founders.
BUSINESS
EXCLUSIVE | 'COVID-19 has taught India to be self-reliant, many healthcare startups will emerge from this adversity'
C-CAMP CEO Taslimarif Saiyed says Indian investors are completely risk-averse when it comes to deep science but international VCs are coming to India now.
BUSINESS
How safe is your online delivery? Disinfecting returned products a major worry for Amazon, Flipkart sellers
In the absence of clear-cut directions from e-tailers, the sellers are resorting to hearsay methods to avoid the risk of infection.
BUSINESS
Exclusive: Online sellers claim payment delay, product de-listing as Amazon, Flipkart resume delivery of non-essentials
Many small-scale sellers are finding it difficult to sustain the business cycle with payment backlog.
BUSINESS
Exclusive | Swiggy suspends meal-for-one offering POP as virus hurts business
The company says its channelling resources to meet the growing demand for essential supplies.
BUSINESS
Lack of demand, virus scare keep Ola, Uber drivers off the road
Unless demand picks up, drivers will not come back on the platforms, say experts
BUSINESS
Exclusive | After cloud kitchen tryst, OYO eyes ready-to-eat food segment
According to sources privy to the development, the company has partnered with manufacturers who are preparing these meals on a revenue-sharing basis.
BUSINESS
Had lockdown happened in my childhood, I wouldn't have achieved a fraction of what I have, says Sachin Bansal
In April, Bansal had called for opening the economy, saying India couldn’t wait for a vaccine for two years to get back to work.
BUSINESS
Covid-19 | VCs on the prowl for a good startup hunt in virus storm
Deals worth more than $120 million struck in April alone, as investors look to make the most of soft valuations and a bigger shift towards tech in the post-COVID-19 world.
BUSINESS
Amid reduced supply and barricading, Ola, Uber hit the road
Ola restarted operations across almost 50 percent of its total operational cities. Uber is now plying across 23 cities.
BUSINESS
Amazon delivers supplies to restaurants ahead of food delivery launch
Restaurants are getting supplies at discounted prices at their doorstep. They will have to pay a lower commission on each order, will get inventory management, and of course, their food delivered through Amazon.
BUSINESS
Paytm Mall ex-COO Amit Sinha to raise $8 million for agri-tech venture Unnati
Sinha also wants to offer farm loans at nominal rates, a move aimed at turning Unnati into a one-stop solution for all farming needs.
BUSINESS
Looking for next unicorn, former Google CEO Eric Schmidt keen on Indian startups
Schmidt has met entrepreneurs in Delhi and Bengaluru and has shown interest in startups with global potential and those backed by the government
BUSINESS
Uber partners with DMRC to offer public transport on app
Tie-up announced by Uber chief executive officer Dara Khosrowshahi.
BUSINESS
Tiger Global leads $50 million round in NoBroker
According to the founders, this is an all-primary round with no investor exiting the company. NoBroker counts SAIF Partners and BEENEXT among some of its other existing investors
BUSINESS
Uber launches seamless insurance facility for passengers
Uber will be offering its riders up to Rs 5 lakh in case of death or permanent disability due to an accident, up to Rs 2 lakh coverage for hospitalisation and Rs 50,000 in case of an outpaitient scenario.
BUSINESS
Mobile phones may ring soft for e-tailers this festive sale
"While the sale of mobile phones will still grow year on year, their contribution to the overall GMV of Amazon and Flipkart is going to come down," said Sreedhar Prasad, e-commerce analyst.
BUSINESS
No impact on sales due to slowdown: Amazon India
Amazon claims that around 5 lakh sellers will participate in this year's festive sale.
BUSINESS
Charcoal Eats in advanced talks to raise Rs 40 crore
Plans to expand number of outlets to 250 by March 2020
BUSINESS
India needs an education system that focuses on employability: TN Hari
TN Hari, the HR head of Bigbasket, has explained the difference between India and Bharat in his book.
BUSINESS
Foodpanda offloads many restaurants as it shifts focus to 'dark kitchens'
The company's services are either currently not available or are scantily available across many Tier 2-3 cities and in select pockets of metro cities.
