Grofers Is Losing Rs. 24 Lakhs Per Day, Says Founder
People had been speculating that the grocery delivery business might not have the best unit economics, but we finally have some data on just how brutal it is.
People had been speculating that the grocery delivery business might not have the best unit economics, but we finally have some data on just how brutal it is.
Snapchat CEO Evan Spiegel is now formally engaged to Australian model and former Victoria’s Secret angel Miranda Kerr. The announcement was made by Kerr, quite appropriately, on Snapchat.
Pokemon Go has been the cultural phenomenon of the year. But there are signs that its astonishing growth period might be over.
When Freshmenu, a storied food startup from Bangalore, was running ads on the keyword ‘Eatfresh’ on Google, Eatfresh didn’t take kindly to it.
Being inspired by a mega successful global startup and adapting it to a local flavour is nothing new. Ask Flipkart who modeled their…
On the face of it, it should be a time of celebration. You start a company, raise money, you get acquired. Happy ending.
But Lookup’s acquisition by Nowfloats has had no such celebratory tones associated with it.
On 1st June, 2010, Uber had its first ride in sunny San Francisco. At 4:16 AM GMT on 18th June, it had its 2 billionth. Along the way, it became the most valuable startup in the world.
And it has released a new video showing how far the company has come.
Fyndus, a data management company, says that it doesn’t want to deal with all the leave requests that are bound to be piled up with HR on Friday, so it’s just decided to declare it a holiday.
Inshorts is one of those new-age media companies that is hard to explain to someone from the previous generation. They don’t do any reporting, but summarize news reports in 60 words or less. But it works – they’re amongst the most popular news apps in India, and the company is worth around Rs. 600 crore.