The group is very bullish about India market and believes that when markets are slow they provide new opportunities, its chief executive officer and director Sindhu Bhaskar said in a statement.
New users will pay Rs 1,800 for an annual package that will give them access to dining out and delivery privileges.
Establishing a firm with several partners comes with its share of 'wow' and 'ouch' moments.
Number of early-stage deals fell to a 5-year low in first half of 2019. Tepid investment sentiments are also visible in the number of new venture capital funds raised.
Founded in 2010, Ola has raised $3.3 billion to date, and is valued at $5.7 billion. Key investors in the startup include Softbank, Tiger Global, Tencent, Matrix Partners and DST Global
Four engineering colleges—IIT Delhi, IIT Bombay, IIT Kharagpur and BITS Pilani—accounted for the majority of entrepreneurs in the past decade
Despite a setback in 2015, Zostel CEO Dharmveer Chouhan wishes that the deal with Oyo materialises sometime in the future.
Prime Minister Narendra Modi was expected to launch the initiative in Delhi.
Vogo plans to use Ola Electric Mobility for battery swapping infra once it starts offering electric scooters. Vogo also raised Rs 25 crore in debt from Alteria Capital, which provides loans to startups, in June.
The Flipkart co-founder, who withdrew as CEO in November 2018, would begin his latest venture as general partner and anchor investor by year-end.
Sales and marketing jobs grew 41 percent and 15 percent respectively whereas IT talents grew only 9 percent.
In this episode of Reporter’s Take, Sakshi Batra gets in conversation with Priyanka Sahay to give us an exclusive on Titan Capital and future plans of both founders.
The Startup Policy, approved earlier this year, aims to make Goa an aspirational geographical and human resource base for startups.
The app, called Maitri, is aimed at bringing together individuals suffering from loneliness and depression and those lacking the nurturing love of elderly role models, said the all-girl team “Tech Witches”.
The government has finally responded to the clarion call to shore up consumer demand and investments. It’s a long way to go though.
Employees ranging from executives to managers are being fired, with around 60 from the company's Delhi and Gurugram offices being the first to be laid off
Some of Mehta's early investments have become top unicorns of the country, including OYO.
vGROW is P&G's first-of-its-kind platform to identify and collaborate with businesses and individuals offering innovative industry-leading solutions.
The startup, which had raised $10 million in January, will be valued at $200 million after the new round. Shunwei’s investment in Rapido also marks its first deal outside the fintech and content space in India
The online food service firm said that it is trying to resolve the issue.
Jio and Microsoft have entered into a long-term alliance to accelerate the digital transformation of India to launch new cloud data centres, ensuring more organisations can access the tools and platforms they need to build their own digital capability
The Freedom Card would give SMEs and startups the freedom to avail credit facility for immediate needs and to manage their liquidity.
There are reasons why top VCs are taking these bets, even if it’s a long road to commercial outcomes for deep tech innovation in healthcare. An important reason is the deep tech background of founders from the Indian diaspora.