Ola Electric Becomes India’s Latest Unicorn With $250 Million Funding From Softbank
In 2019, India isn’t just creating lots of startup unicorns — it’s also creating unicorns within unicorns. Ola Electric, Ola’s electric vehicles arm,…
Category: Startups
Grofers Is Converting 200 Kirana Stores Into Its Own Branded Outlets
Grofers had started off in 2013 trying to disrupt the little kirana shop — it delivered groceries directly into people’s homes, helping them…
Oyo Claims It’s Now The Biggest Hotel Chain In China, Chinese Media Reports It’s Planning To Fire 1000 Employees
Conflicting reports are emerging about how Oyo is faring across the great wall of China. A few days ago, the company had claimed…
Oyo Rooms Says It Will Spend $300 Million To Build Its Business In The US
In 2013, Oyo Rooms had started off by aggregating hotels in India. By 2018, it had entered China, and quickly become one of China’s…
Data Protection Startup Druva Becomes India’s Latest Unicorn After $130 Million Funding Round
The pace at which India is minting startup unicorns, they might not remain as unique and rare as the mythological creature they’re named…
Micromax Co-founder Rahul Sharma’s New Startup Revolt Motors Has Just Unveiled Its Electric Bike
For the longest time, India’s startups were largely software-based — they were either e-commerce companies, or built SaaS products. But now, Indian companies…
Ola To Set Up A Technology Office In Silicon Valley, Hire 150 Engineers
For decades, global companies have come to India and set up their engineering teams. The process now seems have begun in reverse in…
Zomato Says It Has Successfully Tested Its Drone Technology For Deliveries
It’s been called food tech space for the last few years, but it might finally be getting its “tech”. Zomato has said that…
Urban Ladder Fires 40% Of Its Workforce Following A Funds Crunch
Even established and well-funded startups in India aren’t completely safe from large-scale layoffs. Urban Ladder has laid off 40 percent of its workforce…