Snapdeal, Micromax Founders Schmoozing On Twitter Over YU
Snapdeal Cofounder Kunal Bahl and Micromax founder Rahul Sharma have just shared a series of cryptic tweets on twitter.
Author: Bart Eshwar
Bart Eshwar is interested in startups, business and green tea. He is currently nursing an unhealthy obsession with Donald Trump.
How Amazon’s Chai Carts Are Trying To Get Indian Merchants Online
Amazon is moving to the streets and towns of India to convince businessmen to sell through its platform. And the Seattle-based company’s latest acquisition push for sellers has a distinctly Indian whiff to it – it’s trying to woo people with hot cups of chai.
Flipkart Puts App-Only Plans On Hold; Jibes From Competitors Begin
Flipkart, which had earlier this year created ripples in the e-commerce world by announcing it would shut down its website and move to an app-only model, has decided to put its plans on hold. The decision has been taken in part because the company is yet to assess how the move would impact sales in big-ticket purchases such as large appliances and furniture.
The Infosys Mysore Campus Is An Amazing Office Space
Founded in 1981, Infosys is the torchbearer of India’s IT revolution. It is India’s sixth largest publicly traded company and currently employs 180,000 employees in offices scattered across the country.
Its Mysore campus is a proud testament to the company’s values and its soaring ambition. It is spread over a sprawling 350 acres in the green environs of Mysore.
Chinese Company Offers A Night With A Porn Star As Bonus
Move over 10% hikes and prime parking spots. A Chinese company has just gone all out to reward its star performers. Top performing employees at Qihoo 360, a cybersecurity based out Beijing, will be rewarded with package that includes a trip to Bali and a new Porsche 911 – and an opportunity to spend the night with Japanese porn star Julia Kyoka.
Snapdeal’s Losses Rise Fivefold To Rs. 1350 crore
Snapdeal has had an eventful year. It has been growing at a frentic pace, having raised its headcount by 5 times and building a swanky new office in Gurgaon. Its valuation has increased from $2 billion to a cool $4.7 billion. But worryingly, the company has also seen a corresponding increase in its losses – Snapdeal incurred a loss of Rs. 1350 crore over the past year, a five fold increase over its loss of Rs. 264 crore last year.
Xiaomi In Talks With Indian Startups For Collaborations
Chinese phonemaker Xiaomi is solidifying its push into the Indian tech ecosystem. After having announced that it would build a manufacturing facility in Telangana, the company is now looking towards India for developing software for its phones.
Chinese Internet Companies Hiring “Programming Cheerleaders”
Chinese internet workers are a pretty efficient lot. They’re building cutting-edge software, founding world-class companies, and in their spare time, hacking a US website or two. But they are facing a problem familiar to engineers the world over – their offices are, erm, sausage fests.
Jabong.com To Offer Crèche Facilities In Its Office
E-commerce companies aren’t just fiercely competing with each other in trying to woo the fickle Indian consumer. They’re also going all out to attract employees, and are doling out sops by the dozen to make their offices better places to work. After Flipkart announced a slew of initiatives that were designed to improve employee satisfaction, and Snapdeal came up with a spanking new office last week, Jabong has entered the fray, announcing an onsite creche facility in its office.