In A First, Mobikwik Offers 6% “Profit” On Wallet Amounts
Mobikwik has announced that its users can earn “6% annual profit” on their wallet balances. The profit, or interest, will be credited monthly into user accounts.
Category: Startups
These Unicorns’ Websites Looked Very Different Back In The Day
A brand is a constantly evolving entity, and its most physical, visual aspect is its website. While the Unicorn startups of today like Flipkart, Ola, Paytm sport fancy looks bandying terms like Material design today, they have come a long way from being the basic, web 1.0 websites of when they started. Startup pitch app ShotPitch recently did some some delving into the past, and dug out the looks of the top 5 Indian startups. Watch this now and then slideshow for a bout of nostalgia.
Musigma Founders Dhiraj Rajaram And Ambiga Dhiraj Divorced
MuSigma founders Dhiraj Rajaram and Ambiga Dhiraj Rajaram have divorced. Dhiraj Rajaram had founded the company in 2004 and his wife Ambiga Dhiraj had been an intergral part of its operations.
Breaking: Karnataka Govt. Asks Uber, Ola To Stop Operations With Immediate Effect
The Karnataka transport department the department has issued a circular stating that the aggregators who are operating un-licensed cabs in the city will have to stop operations with immediate effect.
Paytm CEO Burns Flipkart After It Delays The Joining Dates Of Its Campus Hires
If rubbing salt into one’s wounds could have a physical manifestation, this has to be it. Paytm CEO Vijay Shekhar Sharma has magnanimously announced that their company would be happy to take on the graduates who’d been left in the lurch after Flipkart delayed their joining dates.
Morgan Stanley Cuts Flipkart’s Valuation Again; Now Values It At $9.39 Billion
Flipkart’s valuation has been cut by Morgan Stanley for the 2nd time this year. After it had marked down the value of its shares in Flipkart by 27% in March, the firm has again marked down its shares by 15.5%, valuing Flipkart at $9.39 billion.
This Is The Full Text Of The Letter IIM Ahmedabad Sent To Flipkart
Flipkart announced last week that it was postponing the joining dates of IIM students that it had selected through campus placements. IIM Ahmedabad’s…
Meet 17 Indian Startups That Allow Pets In The Office
One of the toughest parts of being away at work for 12 hours a day is being away from your pet. Most people shy away from keeping pets, or are forced to give up their pets to shelters because of work commitments. While most companies abroad allow pets, in India it still remains a much desired perk. However, many startups across the metros are taking matters of the fur into their hands, and welcoming pets into their offices. (Or cafes and studios for that matter.) Here’s some of the startups in India that are pet friendly, along with the pets that grace their offices.
Zomato’s Losses More Than Treble To Rs. 492 Crore In 2016
2016 might’ve been a seminal year for Zomato as it entered the food ordering business, but the move has come with a price. The company’s losses have more than trebled to Rs. 492 crore for the year ending March 2016.