Infibeam is all set and running on India’s stock markets. After its much talked about IPO that concluded last week, the company started trading on the National Stock Exchange on Monday, and got off to a steady start.
I’d spent the last few weeks desperately trying to save my startup and failed. My co-founder had told me point blank that he had no faith in my ability to be the CEO of the company. I’d studied at the best engineering college in the country, worked at the best management consulting firm in the world. I took risks and tried to build a real business that built real technologies to help real factory. I even had paying customers. And still, I’d failed.
After the government issued a directive against discounts by ecommerce marketplaces, the Karnataka government has now ruled against surge pricing on cabs that commutech apps like Uber and Ola regularly employ at the pretext of offsetting high demands.
Vineet Singh, who was the former business head of 99Acres.com, had invested an undisclosed sum in Housing.com. 99Acres is one of the chief competitors of Housing in India’s crowded online realty market.
Uber’s cat and mouse game with the Bangalore Traffic authorities just refuses to end. One thought that Uber had one-upped the competition by branding itself as a ridesharing service in order to let its bike taxis run, but it turns out that Bangalore’s traffic cops have other plans – in a fresh round of activity, the Bangalore police has seized at least 15 bikes belonging to Uber.
Under the Smartbox model, your package is delivered to a pickup spot, chosen by you at the time of making the booking. After receiving the intimation of delivery at the location, you can go there at your convenience, swipe your card to pay the amount and pick up your package.
Despite a slow April fool’s, some Indian startups went all out there and pulled off some great April Fool’s day pranks. While Google, as tradition goes, pulled off another April Fool’s joke in the form of the “Google glass cardboard”, it’s the Indian startups, that in their own tone and style, had their unsuspecting customers fooled up. Here’s a list in no particular order.
Flipkart’s VP of Seller Business & Ecosystem Manish Maheshwari has quit the company. Maheshwari had joined Flipkart 14 months ago and had been responsible for acquisition, enablement and growth of sellers that operate on its marketplace.
Tesla’s latest electric car, the Model 3, has had a worldwide launch amidst much excitement – it has received $3.5 billion worth of pre-orders for a car that no one’s seen and will only start to roll out in 2018. But what makes this car unique it is it was open for reservations at a handful of countries outside the US, and that included India.