Ola Drivers Protest In Chennai Over Reduced Incentives
Nearly 100 Ola drivers have been protesting at the company’s office in Chennai. The drivers are unhappy with Ola’s policies which have recently come into effect.
Nearly 100 Ola drivers have been protesting at the company’s office in Chennai. The drivers are unhappy with Ola’s policies which have recently come into effect.
It’s getting increasingly likely that Flipkart isn’t quite worth the $15 billion it was last year. After Morgan Stanley had marked down its shares by 27%, and T Howe had snipped its valuation by 15%, two mutual firm investors have now valued Flipkart at less than the $15 billion valuation it enjoyed in August last year.
Under the harsh scrutiny of the bourses, it was expected that Infibeam’s IPO would provide signs as to what the markets really thought of the Indian e-commerce sector.
It had been one of the most debated topics in tech circles last year. It had stirred debate, drawn discussions and polarized people. But it looks like the subject has finally been put to rest. Myntra will relaunch its desktop site that it had shut down in May last year.
Uber and Ola had suspended surge pricing in Delhi after the Delhi government’s directive, but it looks like it’s back. On the first day of the diesel car ban in Delhi, both Uber and Ola have resumed surge prices to the capital.
Jabong’s parent company, Global Fashion Group, has secured a $346 (EUR 300m) million from Kinnevik and Rocket Internet. While Rocket Internet will underwrite around EUR 100 million of the financing, it will invest around EUR 85 million including the conversion of an existing investment at the terms of the financing.
There are years that ask questions and years that answer back. A couple of years back I was faced with a question central to my professional life, at the very onset of it and that was, “How could the void in communication in both B2B and B2C marketing leading to failure in engagement be addressed?”
India’s neighbour and archrival, Pakistan has a counterpart for every top Indian startup there is, right from Flipkart to Naukri.com to Zomato. Pakistani startups may have a long way to go in terms of investment rounds, the look and feel of the website and app, and market penetration, the presence of these established startups is a handy reckoner of its potential. And while India is sometimes accused of following US and China models of startups, it’s in a way redeeming to say that many of India’s homegrown startups have inspired the same in its neighbour country.
Here’s a look at top 12 Pakistani startups, along with their Indian inspiration.
Directi CEO Bhavin Turakhia talks about how to make sure mergers and exits go off smoothly.