15 Pet Focussed Startups You Need To Know About

Fortunately the startups wave has struck the animal lovers who’ve turned entrepreneurs to help your pets in every way. From booking their spas to buying the best of pet accessories, these startups are creating a whole new industry which hitherto was confined to the neighbourhood pet shop. Though petcare in India is nascent and not as mature as in western countries, the Indian petcare industry is growing at about 26% a year, fuelled by a significant increase in spending by Indians on pets in the last few years
We reached out to all the pet startups in India and got a lowdown from all of them on what they do, for you to bookmark.

Foodpanda Fires 300 Employees

The layoffs in India’s food tech sector are well on their way to continuing onto 2016. After Zomato had fired 10% of its workforce, and TinyOwl had let go of 100 employees which resulted in its cofounder being held hostage in their Pune office for 2 days, Foodpanda has fired around 300 of its staff in India. This represents 10% of its workforce.

RBI Helpline To Assist Startups With Forex Issues

For young startups, negotiating the bewildering maze of foreign exchange regulations is often daunting. With Indian startups becoming increasingly global and doing business with entities based abroad, startups often need a ready reckoner on how to deal with monetary transactions that span across borders. In order to assist startups with such transactions, the Reserve Bank of India has announced a dedicated helpline to answer queries.