Flipkart Is Now Letting Users Buy Things On Credit With Its Buy Now, Pay Later Option

Flipkart Is Now Letting Users Buy Things On Credit With Its Buy Now, Pay Later Option

  Flipkart has hit upon a novel way to boost its GMV — it’s not going to charge its users at all.  Until a month later, that is. Flipkart is now letting customers buy items on credit, with accounts accumulating over an entire month. It’ll then send its users a bill on the 1st of the next month, with payments due by the 10th. Called the Flipkart Pay later scheme, it’s already been rolled out to select users. …

This Is What It’s Like To Interview With Elon Musk

This Is What It’s Like To Interview With Elon Musk

Elon Musk has his hands full these days. He’s the full-time CEO of Tesla, SpaceX and Neuralink, runs OpenAI and Boring Company, and promotes futuristic projects like the Hyperloop. Even thought it might not seem so at times, Musk is only human, and he needs large teams for his grand visions to come to life. That means interviewing people — lots and lots of people. Musk is a prolific interviewer. In the early days of…

A Female Uber Employee’s Post Praising Travis Kalanick Is Going Viral

A Female Uber Employee’s Post Praising Travis Kalanick Is Going Viral

Four months ago, a blogpost by a female Uber employee had brought Uber to its knees — it caused outrage on social media, over 20 employees lost their jobs, and CEO Travis Kalanick had to resign. Now a blogpost by a female Uber employee is going viral for exactly the opposite reason. Margaret-Ann Seger, who’s a Product Manager at Uber, has written a post praising CEO Travis Kalanick, and expressing dismay at how events turned out. “I’m…

Snapdeal Might Be Sold To Flipkart For As Little As $400 Million: Reports

Snapdeal Might Be Sold To Flipkart For As Little As $400 Million: Reports

The fall in Snapdeal’s valuation might be more precipitous than previously thought. Flipkart isn’t willing to pay more than $350-$400 million for Snapdeal, sources have told Hindu Businessline. This is a near 94% discount to Snapdeal’s valuation when it had last raised money — in February 2016, Snapdeal had raised $200 million at a valuation of $6.5 billion. Snapdeal, for its part, is reportedly hesitant to accept this offer. Snapdeal values its marketplace itself at $400 million, while its…

Here’s How Much Money Byju’s Makes From Its Paying Customers

Here’s How Much Money Byju’s Makes From Its Paying Customers

Even if the Champions Trophy concluded with a heartbreaking loss to Pakistan, it had one upside — everyone in the country now knows how exactly the area of a triangle is related to the area of a circle. Ed-tech startup Byju’s ran an extensive ad campaign during the Champions trophy, featuring happy kids who were learning Chemistry, Biology and Maths on its app. Founder Byju Raveendran himself made an appearance, showing off how the area of a circle could…

Travis Kalanick Resigns As Uber CEO After Shareholder Revolt

Travis Kalanick Resigns As Uber CEO After Shareholder Revolt

A week after going on an indefinite leave of absence, Travis Kalanick has resigned as Uber CEO. “I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,” he said in a statement. He had lost his mother in a tragic boating accident earlier this…

Following Mahindra’s Fleet In Nagpur, Tata Motors Has Launched An Electric Bus In Chandigarh

Following Mahindra’s Fleet In Nagpur, Tata Motors Has Launched An Electric Bus In Chandigarh

Tesla might be dilly-dallying over its India entry, but Indian companies are bringing in India’s electric revolution anyway. Weeks after Mahindra unveiled its first all electric fleet in Nagpur in- with Ola, Tata Motors has begun testing its electric buses in Chandigarh. The 9 meter bus, called the Tata Ultra Electric, will seat 31 passengers, and is being tested in collaboration with the Chandigarh city administration.    The trials will be run over a 15…

Hike Has Just Launched Its Own Wallet Which Will Allow Users To Transfer Money, Make Recharges

Hike Has Just Launched Its Own Wallet Which Will Allow Users To Transfer Money, Make Recharges

Hike might’ve just played its biggest hand in trying to compete with Whatsapp in India. The company has launched its own Wallet, through which users can transfer money and make recharges. The wallet option pops up as a separate tab on the Hike app, and lets users to access their contact list as they’re sending money. The wallet lets users send money either to a contact’s linked UPI account, or to their Hike wallet. All transfers are free and instant,…

Vijay Shekhar Sharma Attacks HDFC Again, Accuses Its Reps Of Badmouthing Paytm

Vijay Shekhar Sharma Attacks HDFC Again, Accuses Its Reps Of Badmouthing Paytm

Paytm CEO Vijay Shekhar Sharma isn’t taking attacks from competitors lying down. Sharma has once again accused HDFC Bank of letting its representatives badmouth Paytm to its customers. Sharma demanded a response from HDFC Bank on twitter, while sharing an account of a user whose HDFC’s personal banker had told her that Paytm wasn’t “safe for payment.” The HDFC Bank representative reportedly told them that Paytm’s data is stored online, and is thus not safe….

Arunabh Kumar Steps Down As TVF CEO Following Sexual Harassment Allegations

Arunabh Kumar Steps Down As TVF CEO Following Sexual Harassment Allegations

Sexual harassment allegations have now claimed two high-profile CEOs in two weeks. After Uber CEO Travis Kalanick had taken an indefinite leave of absence following allegations of widespread sexual harassment and discrimination at his company, TVF CEO Arunabh Kumar has also stepped down from his post. Arunabh had been facing personal allegations of impropriety leveled at him by a clutch of anonymous and in-the-open ex employees and colleagues. He will be replaced by TVF’s current…

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