Uber’s taking rapid steps towards setting up its Hyderabad office. After announcing plans of setting up its largest non-US office in the city in July, the company announced that it has leased 150,000 square feet for its Hyderabad office.
If Flipkart does it, can Snapdeal be far behind? After Flipkart had launched its image search tool this July, Snapdeal has also come out with its own version. Called SnapSearch, the tool will allow desktop users to upload pictures of clothes they fancy, and will show up suggestions of similar products available on Snapdeal.
Flipkart CEO tweeted in defence of Snapdeal, saying that Snapdeal wasn’t responsible for Khan’s comments, and shouldn’t have had to face the backlash it did. Users had submitted hundreds of 1-star reviews on Snapdeal’s app on the Google Playstore, demanding that Khan be fired as Brand Ambassador following his comments about rising intolerance levels in the country.
Travel Food Services, a subsidiary of Mumbai based K Hospitality, has big plans for the coming year, looking at raising investments of Rs.150 crores for its hospitality food service and travel retail businesses. The company manages brands such as Smoke House Bar & Cafe, KFC, Domino’s, The Coffee Bean and Tea Leaf, Cafe Coffee Day and Haagen-Dazs at the country’s airports
A team of entrepreneurs which include founders of companies like Cognizant’s Lakshmi Narayanan and Arun Jain of Polaris are in talks with the Tamil Nadu state authorities to conceive a plan that will help startups reduce registration time. This initiative is in alignment with the Centre’s plan to help startups speed their registration and other processes enabling them to go-to-market sooner.
Foodpanda has tied up with Indian Railway Catering and Tourism Corporation (IRCTC), which handles catering, tourism and online ticketing operations for Indian Railways to make it convenient for traveling passengers to order their choice of food online.
On 9th November, Maggi was back in stores after a long, agonizing gap 6 months. And within 2 weeks of its relaunch, Maggi has sold a staggering 45 million packets.
Maggi had tied up with Snapdeal for its comeback, and had sold packs of 12 that came with a calendar and a poster. Snapdeal had managed to sell 60,000 packs on the first day.
Angry customers are panning the Snapdeal app for being associated with the star whose comments seem to have stirred the hornet;s nest. The Snapdeal app is being bombarded with one-star ratings and anti-Aamir comments.
With venture capitalists in India being more circumspect with their investments and demanding better scrutiny of valuations and justification of capital utilization, a group of Chinese startups seem to have entered the field, which gives hope to Indian entrepreneurs.