After his ignominious exit from Housing.com, Rahul Yadav had promised to come back bigger and stronger than before. He’d claimed that his startup would be 10x bigger than housing, and perhaps bigger than “all Indian internet companies put together.” He’s finally revealed what his grand plans are.
Punit’s move back to India enables him to have a fascinating perspective into India’s startup journey. Having left India when there was no startup scene here to speak of, and having seen Silicon Valley’s tech scene first hand, when he speaks about India, you listen.
And he’s just predicted a correction in the Indian startup market.
It’s the season of logo changes. After Google surprised industry watchers and consumers alike with its sleek new logo, and Verizon unveiled theirs after their acquisition of AOL, it’s time for a firm closer home to come up with a new brand identity. Oyo Rooms, the 3 year old budget booking app, has come up with a new logo.
Zomato has raised $60m in a fresh round of funding led by Temasek Holdings. Temasek Holdings is an investment company owned by the Government of Singapore. Incorporated in 1974, Temasek owns and manages a net portfolio of S$266 billion, mainly in Singapore and Asia. Existing investor Vy Capital also participated in this round.
In the latest in the series of changes to be the last word on restaurants, Zomato has launched a technology platform called ‘White Label’ that enables restaurants to launch custom-branded native mobile apps, and bridge the gap between them and their customers.
While latest reports suggest that Flipkart has backed down from its plan of shutting down its website, it’s still coming up with other ways to make people switch to the app. The newest method to force users to go mobile seems to be app-only products.
If the app KnoDues has its way, the problem of recording, tracking and collaborating on shared expenses between contacts will soon be a thing of the past.
KnoDues is a smart phone app which helps the user record shared expenses, split them easily, keep a track of all their dues, remind or inform friends about the dues. The app is seamlessly integrated with the user’s phonebook, ensuring that the friends marked in the expense are updated automatically and instantly. The app’s UI & UX has been designed keeping in mind Google’s material design, thereby making the app visually appealing, easy to navigate and very simple to operate.
At the heart of the booming startup culture in India lies a strong influence of the oft-used buzzword “Sharing Economy”. It enables buyers and users to come together, use shared services and products across a diverse range, and reduce the burden and evils of manufacturing. Sharing economy has seen its manifestation in popular taxi hailing cabs like Uber and Ola, housing rentals like AirBnB and Couchsurfing and used goods marketplaces like Quikr and OLX. Another…
The Andhra Pradesh government is pulling out all stops to turn the state into a startup hub. After it had announced plans to set up India’s largest startup incubator in Hyderabad earlier this week, it has now announced that it plans to create five world-class incubators in the state. It would spend Rs. 750 crore on these incubators over the next 4 years.
Paytm had come across a problem that’s familiar to all e-commerce companies in India – customers being rude and abusive towards their support staff. But unlike other companies that believe in the customer always being right, Paytm decided to take a stand. The company has decided to block customers from their platform who are unreasonably belligerent.