Zomato Currently Makes Losses Of Rs. 25 On Each Order On Delivery Costs Alone
Food tech companies have made getting meals delivered easy and hassle-free, but they’re paying through the nose to get it done. Zomato has said…
Category: Startups
Zomato’s Revenues Rise 3x, But Losses Rise A Whopping 24x In FY2019
Zomato’s making more money than before, but it’s also spending a lot more money to do so. Zomato has said that it earned…
Reliance Jio Has Acquired A Majority Stake In AI Startup Haptik In A Rs. 700 Crore Transaction
Reliance Jio has, in the past, called itself India’s biggest startup. True to its billing, it’s now acquiring smaller startups. Jio has acquired…
Paytm Has Announced That It Is Getting Into The Stock Broking Business
After doing everything from payments, mobile recharges, e-commerce, flight, bus and train tickets, gold sales, movie bookings, and even sales of gold, Paytm…
Airbnb Has Just Invested $150-200 Million In Oyo Rooms
Oyo has previously said that it wants to be the world’s largest hotel chain; it’s now received an investment from the what’s currently…
BigBasket Becomes India’s Latest Unicorn Startup, Now Valued At $1.2 Billion
From starting off in 2011 selling fresh produce, BigBasket has become India’s freshest unicorn. BigBasket is now valued at more than $1.2 billion (Rs….
After Spending Five Months In Jail, Alleged Paytm Blackmailer Rejoins Company
Life appears to have come a full circle for Sonia Dhawan. Five months after being arrested from the Paytm office and being thrown…
BJP To Run Wifi Raths In Delhi, Password Will Be Kejriwal Didn’t Provide Wifi
The 2019 Lok Sabha elections are nearly upon us, and the campaigning is also exactly what you’d expect in the tech-savvy, connected world of 2019….
Flipkart Has Set Up A Rs. 700 Crore Fund to Invest In Other Startups
In 2007, Flipkart was a newly-formed startup looking for funding. Twelve years and a $21 billion acquisition later, it’s funding other startups. In…