Zomato has raised $60m in a fresh round of funding led by Temasek Holdings. Temasek Holdings is an investment company owned by the Government of Singapore. Incorporated in 1974, Temasek owns and manages a net portfolio of S$266 billion, mainly in Singapore and Asia. Existing investor Vy Capital also participated in this round.
In the latest in the series of changes to be the last word on restaurants, Zomato has launched a technology platform called ‘White Label’ that enables restaurants to launch custom-branded native mobile apps, and bridge the gap between them and their customers.
While latest reports suggest that Flipkart has backed down from its plan of shutting down its website, it’s still coming up with other ways to make people switch to the app. The newest method to force users to go mobile seems to be app-only products.
If the app KnoDues has its way, the problem of recording, tracking and collaborating on shared expenses between contacts will soon be a thing of the past.
KnoDues is a smart phone app which helps the user record shared expenses, split them easily, keep a track of all their dues, remind or inform friends about the dues. The app is seamlessly integrated with the user’s phonebook, ensuring that the friends marked in the expense are updated automatically and instantly. The app’s UI & UX has been designed keeping in mind Google’s material design, thereby making the app visually appealing, easy to navigate and very simple to operate.
At the heart of the booming startup culture in India lies a strong influence of the oft-used buzzword “Sharing Economy”. It enables buyers…
The Andhra Pradesh government is pulling out all stops to turn the state into a startup hub. After it had announced plans to set up India’s largest startup incubator in Hyderabad earlier this week, it has now announced that it plans to create five world-class incubators in the state. It would spend Rs. 750 crore on these incubators over the next 4 years.
Paytm had come across a problem that’s familiar to all e-commerce companies in India – customers being rude and abusive towards their support staff. But unlike other companies that believe in the customer always being right, Paytm decided to take a stand. The company has decided to block customers from their platform who are unreasonably belligerent.
Zomato, like all major companies, conducts regular surveys to get a sense of the pulse of its workforce – to see if employees are content, and discover what their grievances are. On this survey was an innocuous question – On a scale of 1 to 10, how likely are you to refer a friend at Zomato?
The average score the company received was 3.5.
Snapdeal Cofounder Kunal Bahl and Micromax founder Rahul Sharma have just shared a series of cryptic tweets on twitter.