Softbank’s New Investment In Paytm To Include Clause On Going Public In 5 Years: Report
Softbank has burnt its hands with Uber and WeWork, but it seems to be trying to make sure that it doesn’t repeat those same…
Category: Stories
Chinese Companies Now Control 70% Of India’s Smartphone Market
The dragon has firmly cast its stranglehold over the Indian smartphone market. Chinese handset makers Xiaomi, Vivo, Realme and Oppo control, between themselves,…
Uber Founder Travis Kalanick’s New Startup CloudKitchens Sets Up Mumbai Office, Builds India Team
In 2016, Uber founder Travis Kalanick had visited Mumbai, and had been accorded a hero’s welcome. He’d met Sachin Tendulkar, and had spoken…
Dunzo Spent Rs. 172 Crore To Earn Rs. 76 Lakh Last Year
It’s now commonly accepted that startups will burn money in their initial days to earn market share, but it’s staggering how much money…
Alibaba Has Just Sold More Goods In 86 Minutes Than Amazon And Flipkart Together Sold In 2018
It’s well known that China’s e-commerce market is far larger than India’s, but it’s breathtaking how wide the gulf really is. Chinese e-commerce…
WhatsApp Founder Jan Koum Trolls Facebook After It Adds A Splash Screen On WhatsApp
The smallest of product changes can irk founders who originally created the product, even if they’re no longer involved with the product in question….
Former Uber CEO Travis Kalanick’s New Startup CloudKitchens Is Already Worth $5 Billion
They say lightening doesn’t strike twice, but nobody bothered to tell Travis Kalanick. Kalanick, who led Uber into becoming the world’s most valuable…
My Investment Judgement Was Really Bad, I Regret It: Softbank’s Masa Son On WeWork Debacle
It’s not every day that a VC comes out in public to admit that they messed up real bad with an investment, but…
India Has 24 Unicorns, Another 52 in The Pipeline: NASSCOM Report
India’s overall economy might be in a bit of a slowdown — auto sales are the lowest in years, and several IT companies…