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Category: Startups

PepperTap Shuts Down Operations In 6 Cities, Lays Off 400

February 9, 2016February 9, 2016 Bart Eshwar

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, An 8-year Old US Startup, Looks To Raise Investments In An Unusual Way

February 8, 2016 OfficeChai Team

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.

E-commerce Startup Moglix Gets Funding From Ratan Tata

February 8, 2016 Navin Bhatia

E-commerce startup Moglix has announced investment from eminent industrialist Ratan Tata in its venture. The amount has not been disclosed. The NOIDA-based Moglix deals with B2B procurement and supply of industrial products such as power tools, hand tools, adhesives and electrical equipment across several countries.

Facebook’s Free Basics Attempt Foiled; TRAI Rules In Favour Of Net Neutrality

February 8, 2016February 8, 2016 Bart Eshwar

India’s telecom regulatory body TRAI today issued the ‘Prohibition of Discriminatory Tariffs for Data Services Regulations, 2016’ that bars service providers from offerring or charging discriminatory tariffs for data services on the basis of content.

Inshorts: How A Facebook Page Became A 600 Crore Company

February 8, 2016February 12, 2016 Bart Eshwar

It was an ordinary Facebook page, created hopefully like the many thousand others that are created each day on the world’s biggest social network. It didn’t exactly aim to change the world. Its aims were relatively modest – it aimed to provide news updates in 60 words or less.

Three years later, that Facebook page has metamorphosed into a Rs. 600 crore company.

Uber Revises Prices To Conform To Local Factors, To Be Cheaper In Chennai And Kolkata

February 7, 2016February 7, 2016 Bart Eshwar

In a bid to attract more customers, Uber has slashed its fares in Chennai and Kolkata by as much as 25%.

Aamir Khan Loses Snapdeal Brand Ambassador Contract

February 6, 2016 Bart Eshwar

Aamir Khan is no longer the brand ambassador of Snapdeal. The company had decided to not renew the actor’s contract after it ended on 31st January. According to reports, Snapdeal will not be looking for a replacement for Khan as it tightens its purse strings to cut down on its losses.

It’s Snapdeal’s 6th Birthday And They Have A Wish From An Unlikely Friend

February 5, 2016February 6, 2016 OfficeChai Team

Indian ecommerce unicorn startup Snapdeal turned 6 today. The company celebrated its coming a long way from a deals and coupons site to a fully fledged ecommerce giant with a splash on social media. Wishes poured in. However, the most unlikely wish came from none other rival Flipkart.

Bhavish Agarwal’s Grandmother And Aunt Murdered In Ludhiana

February 5, 2016February 6, 2016 Bart Eshwar

Ola Cabs CEO Bhavish’s Agarwal’s paternal grandmother and aunt have brutally murdered in Ludhiana in a suspected robbery.

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