Housing Raises 100 Crore From Existing Investor SoftBank
Housing has raised Rs. 100 crore from Softbank in new round of funding. Softbank is already the largest investor in Housing and has a 33% stake in the company.
Author: Bart Eshwar
Bart Eshwar is interested in startups, business and green tea. He is currently nursing an unhealthy obsession with Donald Trump.
CREO Raises $3 Million To Build Their Own Phones And OS
CREO, a Bangalore based Technology Company, has secured $3 Million funding from Sequoia India, Beenext Ventures and India Quotient.
8 Indian Startups Selected For First Ever Google Launchpad
Eight Indian startups are a part of Google’s first ever Launchpad Accelerator that began on Monday in Silicon Valley.
Housing Appoints Cofounder Snehil Buxy As Chief Product Officer
Housing.com has appointed Snehil Buxy as its Chief Product Officer. Buxy was a part of the original 12 member founding team of Housing. The 26 year old was also close to former CEO Rahul Yadav.
TRAI Reprimands Facebook For Its Free Basics Campaign In The Most Epic Way Possible
“Your urging has the flavour of reducing this meaningful constructive exercise designed to produce informed decisions into a crudely majoritarian and orchestrated opinion poll.” This isn’t a school headmaster admonishing an errant student. It’s TRAI letting Facebook know what it thought of its Free Basics poll that generated 9 million responses.
Indian Business Chat Apps Have Some Serious Competition; WhatsApp To Focus On B2C
Over the last year, India has seen a mushrooming of chat apps that aimed to connect consumers directly with businesses. Services like LookUp, Haptik and Helpchat all had business models that involved setting up and easy, phone-based communication channel between users and local businesses, and had met with varying levels of success. But the industry is now likely to be upturned. Whatsapp, the global chat behemoth with 70 million Indian users, is looking to enter the space in a big way.
Mumbai Dabbawalas To Launch Own Delivery Company
India’s fledging hyperlocal delivery startups now have some competition – and it’s not from another yet another superfunded startup trying its luck in the already crowded space. It’s from Mumbai’s iconic dabbawalas, who’ve been delivering food to Mumbai’s office-goers since 1890.
Flipkart Ditches App-Only Strategy; Republic Day Sale To Be Available On Web
Flipkart appears to have put the final nail in the coffin of its app-only push that it began in May last year. Its latest sale, centered around Republic Day, will be available on both desktop and app. There’s also a company-wide move to make all products and services available on desktops, company insiders tell OfficeChai.
Rahul Yadav’s Housing Stake Presented To Employees As Phantom Stock; Employees Protest
Housing employees hadn’t received the shares that Yadav had promised them. And now it turns out that they might not receive the shares at all – at least not in the traditional sense. On 12th January, the company announced in an email to the staff that they would get their share of Yadav’s gift in the form of phantom stock units.