It’s barely been a week since the 38-year old Jack Dorsey took over as permanent CEO of Twitter and news about impending cost cutting measures have already begun to surface.
The concept of “Pivoting” or moving into a different category than started out with is common in the startup world. However, rarely does it happen that the founder of a company quits to start another company into a completely different vertical.
A little a year after it came into existence, food tech startup Dazo has decided to shut shop. The company, which was initially called Tapcibo, used to aggregate meals from partner restaurants and took care of last-mile delivery to ensure superior customer experience.
While Flipkart has been embroiled in many scandals of late, including the big billion days fiasco, the debate on its now-retracted app-only push, or the various discount discrepanices as reported by customers, the ecommerce giants finds itself in another soup.
After foreign companies, including Google, Amazon, Uber have already made a beeline for the state, they Indian counterparts are following suit. Flipkart, India’s premier etailer, had decided to set up its largest warehouse in Telangana. This will be the company’s 16th warehouse in the country.
Last year, ConveGenius was awarded the “Best Startup to Work For” award in the ed-tech category. It wasn’t surprising at all for the team, as the founders since the beginning had personally designed every workplace policy to keep the culture as hospitable as possible. Today, Shashank Pandey, the co-founder of ConveGenius shares his secrets on how he built an amazing workplace, exclusively on Office Chai.
If you’d planned to plant yourself in front of a computer and avail of the awesome discounts on offer during Flipkart’s Big Billion Day sale, prepare to be disappointed. Flipkart’s biggest annual sale will only be available to the users of its app.
The tech world was abuzz this morning with reports that Quikr was eyeing a majority stake in real estate portal CommonFloor. An Economic Times article had stated that the deal would be worth Rs. 330 crore, and had been in the works for the last 5 months. The news was gaining steam and being picked up by other publications, until co-founder Vikas Malpani intervened.
Gurgaon based on demand grocery delivery platform pepper tap has raised $36 million(about Rs 239 crore) in series B funding from Snapdeal, Sequoia, SAIF and few other investors.
This Investment came rite before the festive season kicks in. Alibaba is also investor in Snapdeal. With this investment Alibaba directly would have 20% stake and Ant’s shareholding will come down to 20% from 25% before