Things are afoot in the payments industry. Its all started in August when RBI approved payment banks licenses for Airtel, Reliance, Paytm, Vodafone and Aditya Birla Nuvo. Several other entities which have been given ‘in-principle’ approval. Mobikwik, Oxigen, Citrus, and Novopay Itz Cash Card also applied for the licence but failed to get the nod from RBI.
Practo is growing by leaps and bounds. Days after the online healthcare platform announced that it was expanding into Indonesia, the company has acquired hospital information management company Insta Health for $12 million (Rs 80 crore) as it looks to rapidly expand its footprint of doctors and users across the globe.
Indian startup founders have had it pretty good over the last few years. Valuations of their companies have soared, and they’ve become fabulously wealthy. Here are the richest Indian startup founders in 2015.
Indian-origin entrepreneur Payal Kadakia, 32, figures among the 10 most promising women entrepreneurs of 2015 in the list released by Fortune magazine. Payal is the CEO and co-founder of ClassPass, a two-year-old start-up that gives customers access to thousands of boutique fitness classes in their area.
If you thought all those hours playing CS or DOTA in college were a waste, think again. They might just land you a role at Rahul Yadav’s new startup.
Yadav, whose new venture is thought be to associated in the data analytics space, has announced a codename for his latest effort: “Intelligent Interfaces (ii)”. According to his facebook update, the new company will combine Artificial Intelligence, Design and Maths to create next-gen Interfaces.
There are startups these days that take care of roti, kapda and makaan needs.
But India Inc is also home to startups that fulfil needs that you didn’t even realize you had. These startups are quirky, zany, and are solving some very unusual problems. We trawled the length and the breadth of the Indian startup ecosystem to find out the most outlandish ideas that are being worked on.
After his ignominious exit from Housing.com, Rahul Yadav had promised to come back bigger and stronger than before. He’d claimed that his startup would be 10x bigger than housing, and perhaps bigger than “all Indian internet companies put together.” He’s finally revealed what his grand plans are.
Punit’s move back to India enables him to have a fascinating perspective into India’s startup journey. Having left India when there was no startup scene here to speak of, and having seen Silicon Valley’s tech scene first hand, when he speaks about India, you listen.
And he’s just predicted a correction in the Indian startup market.
It’s the season of logo changes. After Google surprised industry watchers and consumers alike with its sleek new logo, and Verizon unveiled theirs after their acquisition of AOL, it’s time for a firm closer home to come up with a new brand identity. Oyo Rooms, the 3 year old budget booking app, has come up with a new logo.