Zomato Shows Remarkable Growth In International Markets; Is No. 1 Player In 18 Countries

Zomato Shows Remarkable Growth In International Markets; Is No. 1 Player In 18 Countries

When Zomato had acquired Urbanspoon in the US and subsequently laid off employees in India, critics had said that it had spread itself too thin. The company wasn’t profitable in India, and it had tried to make its mark in competitive markets abroad. Zomato had trudged on though, and eventually expanded to 23 markets globally. It seems to have worked out well for them. In a blogpost, Zomato CEO Deepinder Goyal has said that in terms of monthly users,…

Uber Has Just Completed 3 Years In India, And Its Story Reads Like A Bollywood Potboiler

Uber Has Just Completed 3 Years In India, And Its Story Reads Like A Bollywood Potboiler

It’s become second nature to whip out your phone to book a cab, but it wasn’t possible until a few years ago. In 2009, the first Uber cab ride took place in San Francisco. Four years later, in August 2013, the first Uber ride took place in India. Back then, Uber wasn’t quite the startup behemoth that it is now, but it was young and hungry. It already operated in 19 countries around the world, and it had…

Major Drama At AskMeBazaar As Sellers Demand Unpaid Dues

Major Drama At AskMeBazaar As Sellers Demand Unpaid Dues

Last week, retail marketplace AskMeBazaar had shut down and laid off 4,000 employees, but its saga doesn’t seem to be done yet. Now it has transpired that it wasn’t just the employees who had unpaid dues at the company. Scores of  sellers at AskMeBazaar are owed crores by the now-defunct company, and are in no mood to write it off. On Friday, there were tense meetings were held between the AskMe representatives and the sellers.  …

Flipkart’s Ex-CPO Punit Soni Hints That The Company Won’t Survive

Flipkart’s Ex-CPO Punit Soni Hints That The Company Won’t Survive

Since the beginning of this year, Flipkart has been fighting on all fronts. The company has fought the mutual funds who’ve slashed its valuation (“We don’t give a shit about this, Executive Chairman Sachin Bansal had said), it’s fought the IITs and IIMs who’ve chastised it for delaying the joining dates of their students, and it’s fought the media, which has been largely critical in its reporting. But now Flipkart might have to fight its battles on a…

This Startup’s Latest Investors Are Sachin Bansal, Vijay Shekhar Sharma And Kunal Shah

This Startup’s Latest Investors Are Sachin Bansal, Vijay Shekhar Sharma And Kunal Shah

It’s not easy to raise money for your startup. It’s even harder to raise it from people who’re stars in the ecosystem. And if your latest funding round includes three investors who run unicorn startups, you know you’re on to something pretty special. Ed-tech startup Unacademy has just raised $1 million, five months after it had raised a series round. Its latest investors include Flipkart’s Sachin Bansal, Paytm’s Vijay Shekhar Sharma, and Freecharge founder Kunal…

1 2 3 4 48