Former Uber CEO Travis Kalanick’s New Startup CloudKitchens Is Already Worth $5 Billion
They say lightening doesn’t strike twice, but nobody bothered to tell Travis Kalanick. Kalanick, who led Uber into becoming the world’s most valuable…
Category: Startups
My Investment Judgement Was Really Bad, I Regret It: Softbank’s Masa Son On WeWork Debacle
It’s not every day that a VC comes out in public to admit that they messed up real bad with an investment, but…
India Has 24 Unicorns, Another 52 in The Pipeline: NASSCOM Report
India’s overall economy might be in a bit of a slowdown — auto sales are the lowest in years, and several IT companies…
India To Give Startups A 10-Year Exemption From Regulatory Filings
India’s startups could soon spend more time working on building their products and acquiring their users, instead of filling out government paperwork. India…
We Sold Our Payments And Logistics Businesses For Less Than What They Were Worth: Snapdeal
Snapdeal had raised eyebrows when it had sold off several of its non-core businesses in quick succession a few years ago, and CEO…
Flipkart Lost Rs. 15 Crore Per Day Last Year
It’s common knowledge that Indian e-commerce companies are currently bleeding money, but it’s hard to appreciate how much money they’re really losing. Two…
Former Unicorn ShopClues Gets Acquired By Singapore-Based E-Commerce Platform For $70-100 Million
Becoming a unicorn is thought to be a badge of honor for a startup — the $1 billion valuation is thought to herald…
Paytm Money’s Beta Version Now Lets Users Buy Shares In Companies
Paytm has sought to disrupt many industries over the last decade — payments, movie tickets, event bookings, and even gold purchases. But it might…
Reliance Has Created A $24 Billion Holding Firm To Dominate India’s Digital Space
It had been long clear that Jio was just the beginning, and Reliance always had its eyes set on a large digital play….