Indian companies are slowly making a dent on the world stage. Tata Motors has roped in international soccer superstar Lionel Messi as its brand ambassador. This will be the first Indian brand promoted by Messi, who’s among the highest paid athletes in the world.
All’s not well at Zomato. Weeks after the company had announced that it was laying off 10% of its workforce in an apparent restructuring, it has emerged that for the first time in 5 years, the company is falling short of its sales targets. And Deepinder Goyal, the 32 year CEO, is not pleased.
Jabong, whose CEO and MD had quit in September, has finally found a replacement. The company has appointed Sanjeev Mohanty as CEO and Managing…
The Telengana government had launched India’s largest entrepreneur hub – T-Hub in August of this year. The inauguration had taken place among much fanfare, with Ratan Tata being the chief guest and grand promises being made. But given the usual pace of government projects in India, expectations had been muted. But the Telangana government has delivered, and how.
Starting up is never easy. There’s blood, sweat, tears, and a whole lot of sacrifice. Your life begins revolving around your company, and other aspects can often take a backseat. So when InMobi cofounder Naveen Tewari was asked to rank his wife, his company and cricket in order of preference, his response was clear – InMobi was the most important thing in his life.
FreeCharge, which was acquired by Snapdeal this May in India’s largest tech deal, is in talks with existing and new investors to raise $300 million. This will be Snapdeal’s first fund raise that’s earmarked for a separate entity.
It’s the old guard versus the new. Wary of the traction being generated by new-age hotel booking sites like Oyo Rooms and Zo Rooms, incumbents MakeMyTrip, GoIbibo and Yatra have collectively removed listings from these properties from their sites.
After its hugely popular take on India’s startup scene captured all the drama associated with entrepreneurship, TVF has a new resource to draw inspiration from – its own internal feud. TVF Founder Arunabh Kumar has been dragged to court by former colleague Prashant Raj. Raj, who quit the company in 2014, is demanding a 4% share in the company as well as cash compensation for his work with TVF.
In an exclusive interview with OfficeChai, FreeCharge co-founder Kunal Shah talks about his company, the Indian startup scene, high valuations, and more.