If you suspected that India’s startup boom was reaching world-class proportions, you now have numbers to back it up. In a report released jointed by consultancy firm Zinnov and Google, India has been placed 3rd in the list of startup ecosystems worldwide.
India’s great ecommerce wars are well and truly on, and the three main players – Flipkart, Amazon and Snapdeal – are battling it out for a share of the Indian comsumer’s attention this festival season. Flipkart’s much vaunted Big Billion Day sale around the corner, and all eyes are on the event after the fiasco last year when the sale had left thousands of customers angry and the company had to issue an apology for the site crashing during the event.
Indian personal assistant startup Helpchat has fired 150 employees without notice or reason. Murmurs of funding issues emerge.
It’s barely been a week since the 38-year old Jack Dorsey took over as permanent CEO of Twitter and news about impending cost cutting measures have already begun to surface.
The concept of “Pivoting” or moving into a different category than started out with is common in the startup world. However, rarely does it happen that the founder of a company quits to start another company into a completely different vertical.
A little a year after it came into existence, food tech startup Dazo has decided to shut shop. The company, which was initially called Tapcibo, used to aggregate meals from partner restaurants and took care of last-mile delivery to ensure superior customer experience.
While Flipkart has been embroiled in many scandals of late, including the big billion days fiasco, the debate on its now-retracted app-only push, or the various discount discrepanices as reported by customers, the ecommerce giants finds itself in another soup.
After foreign companies, including Google, Amazon, Uber have already made a beeline for the state, they Indian counterparts are following suit. Flipkart, India’s premier etailer, had decided to set up its largest warehouse in Telangana. This will be the company’s 16th warehouse in the country.
Last year, ConveGenius was awarded the “Best Startup to Work For” award in the ed-tech category. It wasn’t surprising at all for the team, as the founders since the beginning had personally designed every workplace policy to keep the culture as hospitable as possible. Today, Shashank Pandey, the co-founder of ConveGenius shares his secrets on how he built an amazing workplace, exclusively on Office Chai.