Ola-Acquired TaxiForSure To Go, 1000 Jobs Axed: Reports
Less than two years after Ola acquired rival cab hailing startup TaxiForSure, Ola has decided to lose TaxiForSure and shut down its operations.
Category: Startups
Things Come A Full Circle As Uber Now Allows Bookings Without App
From having started as an app-only cab-hailing service, Uber has just now launched an option to book a ride without the Uber app.
ONGC Comes Up With A Rs 100-Crore Startup Fund
On completing 60 years of existence, State-owned company Oil and Natural Gas Corporation has announced a Rs 100-crore ($15 million) startup fund. The objective is to foster, nurture and incubate new ideas related to the oil and gas sector.
India Welcomes A New Unicorn – Hike Now Valued at $1.4 Billion
India’s burgeoning unicorn club has a shiny new member. Chat messaging service Hike has raised funds from Chinese firms Tencent and Foxconn, and is now valued at $1.4 billion. (Rs. 9700 crore).
This New Site Gives You The Lowdown On Indian Politicians
NetaFilter tries to give you information about sitting MPs at a glance, and overlays their educational attributes, wealth, and even criminal record on an India map. Each constituency is covered, and hovering over a constituency gives you the name and party of the elected representative.
This Startup Uses Robots To Make Pizza
Zume is a startup operating from Mountain View, California, barely a few minutes away from Google’s headquarters. Although it is only a few months into operations, the model has the potential of thoroughly disrupting the pizza manufacturing and delivery world.
Sachin Bansal “Doesn’t Give A Shit” About Flipkart’s Valuation
Today, when the Economic Times published an article titled “10 per cent markup by Valic gives Flipkart reason to cheer”, Sachin Bansal had this to say.
Why I Stopped Attending Startup Conferences
Startup conferences gave me a thrill like no other. Back when my startup was basically a website and a Facebook page, attending conferences just made everything look so official.
Flipkart’s Valuation Raised Again, This Time By Valic
Flipkart seems to have turned a corner as far as its valuation by investors is concerned. After Fidelity had raised its valuation by 2.7% two weeks ago, Flipkart has now had its valuation raised by mutual fund investor Valic, this time by 10%.