Ola’s Losses Jump 20-Fold To Rs. 796 Crore In FY 2015
Ola is now the biggest cab aggregator in the country, but its top position hasn’t come cheap. According to regulatory filings, Ola netted a loss of Rs. 796 crore in 2015.
Category: Startups
Vice To Enter India Through A Partnership With The Times Group
Vice Media, the content behemoth known for its hard-hitting, gritty coverage of current events, is finally coming to India. Its India entry will be in partnership with the Times Group, which also partners with other global digital publications such as Huffington Post and Business Insider.
Keep Calm And Let Nikesh Carry On
The news reached epidemic proportions a few hours earlier today with journalists calling to ask if I (and many others) now thought that Indian entrepreneurship was dealt a terrible blow with Nikesh Arora’s resignation from Softbank. But no. One man’s resignation letter to his boss does not an Indian start-up disaster make.
This Pretty Place In Mumbai Is A Coworking Space For Young Entrepreneurs
Coworking is an upcoming concept in India and is catching up pretty quickly. As a bootstrapped startup or freelancer, it’s very hard to find an affordable place to work and grow your business. Especially in a city like Mumbai where commercial real estate prices can be sky high, coworking spaces make a lot of sense. This is where Mumbai Coworking Spaces comes in. It offers an affordable working space to startups, entrepreneurs, freelancers, etc.
The Indian Startup Community Reacts To Nikesh Arora’s Exit
Nikesh Arora was one of the biggest names on the Indian startup scene. As the President of Softbank, he’d overseen some of the biggest investments in Indian startups in 2015, including large rounds in Housing, Oyo, Grofers and Snapdeal.
Softbank President Nikesh Arora To Step Down
The Wall Street Journal is reporting that Softbank President Nikesh Arora is stepping down from his post. A few hours ago, he had been given a clean chit in a probe into alleged foul play in the firm’s investments in Indian start-ups Oyo Rooms and Housing.com.
6 Startups Feature Among 25 Indian Companies Best At Attracting And Keeping Top Talent
While the recent reports of mass layoffs, funding winters, down rounds and campus hires deferrals may have put a cast of shadow on the employability of startups, Linkedin’s data on top Indian companies best at attracting and retaining top talent does away with any doubts that top Indian startups still remain the employers of choice for India’s top talent.
Flipkart Shuts Down Image Search And Its Chat Feature, Ping
As Flipkart’s top leadership has left the company, the products that they’d developed seem to have gone with them. Flipkart has decided that it will be retiring Ping, its social chat feature, and its image search function, two products that it had launched amidst much fanfare last year.
Employees Share The 9 Worst HR Policies Adopted At Indian Startups
Working at a startup can be a life changing experience. Being a part of a business as it’s being built, grown and scaled up and contributing to it every step of the way can indeed be a satisfying career goal. Most young people would prefer to work at a startup a conventional company for their friendly work culture and minimal HR intervention. However, when startups too start adopting and enforcing similar policies and rules as those companies, it defines the employee morale to give the job their 100%, slack away or quit altogether.