Paytm might have the biggest digital wallet in the country with over 120 million subscribers, but the users haven’t come cheap. Paytm revealed that it spent Rs. 588 crore in cashbacks to customers in 2015. The company had incurred a loss of Rs. 372 crore in FY 2014-2015.
11 Reasons Why A Startup Is Exactly Like A Girlfriend. It’s all about the challenges, the wins and the commitment.
Months after starting a startup incubator, T-Hub, in the cyber city Hyderabad, the Telangana government is looking to boost the state startups even further by launching an accelerator programme in the T-hub.
Startups Like Ola and Uber are moving beyond just arranging taxis. How can we call an Ola, an Uber, A Zipgo or A Bike Taxi “Cab hailing apps”. Open most media articles and till date Ola And Uber are referred to as “Taxi Hailing apps” or cab aggregators” or similar, but misfitting nomenclature. Let’s call them Commutech.
The future is well and truly here. EpiBone, a US-based startup, is grow human bones. Recovery in bone fractures is a slow and painful process, and bone grafts from another body run the risk of rejection or disease. EpiBone attempts growing personalised bones in the lab using the patient’s own cells.
Jabong’s largest warehouse, situated in Pataudi on the outskirts of Delhi, has been destroyed in a fire. Initial reports indicate that the fire was caused by a short circuit. There were no casualities.
There’s going to be one fewer Bansal at Flipkart’s helm. Mukesh Bansal, who heading the commerce and advertising business at Flipkart, has resigned from the company. The move comes weeks after Flipkart’s restructuring in which longtime CEO Sachin Bansal had stepped aside and co-founder Binny Bansal had stepped in his place.
After Grofers had pulled out of out 9 cities, and Zomato had suspended operations in 4, PepperTap has now shut down operations in 6 cities. The company shall no longer operate in Ahmedabad, Chandigarh, Mumbai, Kolkata, Chennai and Jaipur.
8tracks is San Francisco based startup that runs an online radio service that allows people to create and listen to playlists. The CEO David Porter is now looking to raise additional investments. In the first week of Feb, the 8million plus subscribers of the 8tracks newsletter received an interesting email from him.