Oyo’s Annual Losses Rise Sixfold To Rs. 2,385 Crore
Oyo might be expanding into different geographies and different verticals, but the growth isn’t coming cheap. Oyo has registered a loss of Rs. 2,385…
Category: Startups
500 Indian Startups To Get $250,000 From WhatsApp As Facebook Ad Credits
WhatsApp has taken its initiative to support Indian startups another step forward. The Facebook-owned company has announced an investment of $250,000 worth ad…
Paytm Has Raised $1 Billion At A Valuation Of $16 Billion
Paytm has further cemented its place as India’s most valuable startup. Paytm has raised $1 billion (Rs. 7000 crore) in its Series G…
Targeting To Generate 30% Of Revenues From Beyond Food Delivery In 2 Years: Swiggy CEO Sriharsha Majety
Swiggy might have become synonymous with food delivery — “Swiggy it” has entered the vocabulary of some Indians as a way of ordering…
Urban Ladder Bucks Trend, Posts Profit Of Rs. 49 Crore
India’s startup scene traditionally celebrates unicorns, which are startups that are valued at more than a billion dollars. They were so named because…
Paytm Is Integrating Twitter Into Its App To Drive Engagement
Paytm has tried several approaches to get people to open its app more often. Two years ago, it had introduced Paytm Inbox, which…
One Out Of Every Three COD E-Commerce Orders In India Remains Undelivered: Study
E-commerce companies in India are deep in the red, and experts attribute this to several reasons. Some say that these companies are losing…
Softbank’s New Investment In Paytm To Include Clause On Going Public In 5 Years: Report
Softbank has burnt its hands with Uber and WeWork, but it seems to be trying to make sure that it doesn’t repeat those same…
Uber Founder Travis Kalanick’s New Startup CloudKitchens Sets Up Mumbai Office, Builds India Team
In 2016, Uber founder Travis Kalanick had visited Mumbai, and had been accorded a hero’s welcome. He’d met Sachin Tendulkar, and had spoken…