Startups Archives - Page 287 of 323

Flipkart Shuts Down Its Groceries Arm Nearby

February 25, 2016February 25, 2016 OfficeChai Team

Flipkart Shuts Down Its Groceries Arm Nearby. Last year there was a spurt of players in the online grocery delivery business with new players like Peppertap and Grofers and biggies like Flipkart with Nearby, Ola with Ola store and Amazon with Amazon groceries entering the fray. Though recent events point out to the potential lack of feasibility of a grocery delivery business. Recently, Peppertap had scaled down operations by shutting down in 6 major cities and Grofers had shut down in 9 cities.

Snapdeal On The Verge Of Letting Go Of 200 Employees

February 25, 2016February 26, 2016 Bart Eshwar

The spate of employee layoffs has finally reached e-retail companies. After Helpchat, Zomato, TinyOwl and several others had fired employees over the course of the last few months, it has emerged that Snapdeal is on the verge of laying off as many as 200 employees from its workforce.

500 Startups Launches 500 Kulfi, An India-focussed Fund

February 24, 2016 Bart Eshwar

“India’s looking as sweet as Kulfi!” to 500 Startups at the moment, as it has launched 500 Kulfi, a $25 million India-focussed fund. The fund will be sector agnostic, but will focus on FinTech, EdTech, Health & Wellness, Data Analytics, Content and SaaS and SMB.

Growth-Hacking Their Way To A Multi-Million House Rentals Startup

February 23, 2016February 23, 2016 OfficeChai Team

Pankhuri Shrivastava and Prateek Shukla are a couple of 25 year olds, who have never held a job in their lives. They started Grabhouse when they were both just 23 years old. Read how they growth hacked their way to make Grabhouse a multi-million dollar valued real estate powerhouse.

How A Snapdeal Glitch Enabled A College Kid To Buy An iPhone 5S For Rs. 68

February 23, 2016February 23, 2016 Bart Eshwar

Snapdeal is known for giving away some unbelievable discounts, but this was a discount that seemed too good to be true. Punjab University B.Tech student Nikhil Bansal was browsing through the site when he came across an iPhone 5S that was at 99.97% off. While others might’ve dithered, thinking this was a technical glitch, Bansal immediately ordered the phone. He paid Rs. 68, or $1, for a shiny new iPhone 5S.

Paytm Does Away With Transaction Fees For Offline Merchants

February 20, 2016 Bart Eshwar

Paytm is pulling out all stops to get ordinary Indians to transact digitally. After it was revealed that it had spent Rs. 588 crore in customer cashbacks last year, it has now scrapped transaction fees for offline merchants for its wallet transactions. This fees was applied to all transactions and ranged between 0.5% to 2.5% of the transaction value.

How I Met My Investor: 9 Startup Founders Share Their Stories

February 20, 2016February 25, 2016 OfficeChai Team

Founding a startup and running it is hard enough. Getting someone else to buy the idea and invest into it is a different animal altogether. While stories of startups raising $$$ in funding are rampant, it’s the first time entrepreneurs who struggle with knowing where to start and how to go about the process.

Aditya Birla Group To Launch An Intrapreneurship Program For Employees

February 19, 2016February 19, 2016 OfficeChai Team

The Aditya Birla Group is an over a century old, $40 billion, multinational conglomerate, employing over 120,000 employees worldwide. Most employees of the company have working there for years, and a job at an Indian behemoth such as an Aditya Birla Company usually means a conventional and secure job. However, in a true manifestation of the old guard accepting the new, the employees of the many companies under the group can now give way to their entrepreneurial dreams with the company’s blessings.

Early Stage Companies And Startups To Offer Highest Salary Hikes In 2016

February 18, 2016February 18, 2016 Navin Bhatia

Working at a startup means crazy working hours, uncertainty, and dealing with a lot of complexity, but at least you will get paid well for it. According to the 20th edition of the Aon Hewitt annual Salary Increase Survey 2015-16, early stage companies and startups will offer the highest salary increase of 15.6 per cent during 2016.