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11 Times When Indian Startup Wars Got Very Real

April 11, 2016May 5, 2016 Bart Eshwar

The Indian startup ecosystem is normally a friendly place. People offer each other tips, share insights and generally have each other’s backs and the whole startup fraternity seems to be one big back-slapping family. But when there’s intense competition and big money at stake, the niceness is sometimes cast aside and bitter rivalries surface. And even as some of these are pushed under the carpet, sometimes the founders decide to make it public.
Here are the top 11 times when the things got a bit heated in the Indian startup ecosystem.

Maharashtra Govt. Follows Karnataka In Putting Curbs On Surge Pricing

April 11, 2016 Bart Eshwar

Close on the heels of the Karnataka government implementing a policy that would regulate cab fares, the Maharashtra government has followed suit. The new rules shall put caps on the number of taxi aggregator vehicles allowed on roads and will also seek to rein in higher peak-hour fares.

Uber, Ola Continue With Surge Pricing In Spite Of Govt. Order

April 10, 2016April 10, 2016 Bart Eshwar

Two days after the Karnataka Road Transport Office issued a directive to commutech companies against applying surge pricing, Uber and Ola seem to be defying the rules and continuing with higher prices.

Google’s Former Head Of Search Amit Singhal Joins GOQii Board

April 8, 2016April 8, 2016 Navin Bhatia

Wearable devices startup GOQii has named former Google executive Amit Singhal on its board. Singhal, who is also an angel investor in GOQii, resigned as head of Google’s flagship search business in February after spending over 15 years in the company.

The Layoffs Spread To Indian Unicorns; InMobi Fires 10% Of Its Staff

April 8, 2016April 8, 2016 Bart Eshwar

It’s been a tough few months for Indian startups, but the bigger ones that been thought to be largely doing well. In a sign that even vaunted, highly funded startups are struggling, InMobi has become the latest company to let go of employees. It has fired 100 people from its headcount of around 1000 in Bangalore.

There’s A New Entrant In The Indian Home Services Space – Facebook

April 8, 2016April 9, 2016 Bart Eshwar

Facebook has just made a huge play in the Indian home services space by launching Facebook services. It’s created a separate section, Facebook Services, where it promises to “find local businesses with the best Facebook reviews and ratings.”

Kishore Biyani Doesn’t Hate E-Retail After All; Future Group Acquires FabFurnish.com

April 7, 2016April 7, 2016 Bart Eshwar

The Future Group has just acquired FabFurnish.com, which was one of India’s first home and furnishing online stores.

The Indian Startup Ecosystem — Something isn’t right: An Outsider’s View

April 7, 2016April 7, 2016 Nishant Rao

I am not even remotely involved with the Indian startup ecosystem. But unfortunately, I read a lot and try to make sense of it in equal measures. And from whatever I have been reading and observing regarding the Indian startup story, especially in the last 12 months, I feel something is not right. Let me cut to the chase right away. Here’s what I think:

Jugnoo Accuses Ola Of Foul Play, Publishes Proof

April 6, 2016April 6, 2016 OfficeChai Team

After Uber had approached the Delhi High Court accusing the company of making fake bookings on its app to sabotage its business, Jugnoo has followed suit with similar claims of its own.

Jugnoo is a Chandigarh-based auto aggregator that competes directly with Ola, which also has its own auto booking service. It alleges that Ola employees have been creating fake accounts over the last 10 days to book and make cancellations on Jugnoo’s app leading to loss of revenue for the company and also affecting the income of auto-rickshaw drivers.