Ola To Layoff Around 350 Employees As It Trims Its Staff Size By 5-8 Percent: Report
For the last decade, Indian unicorns have been growing at breakneck speed. Now some are moving in reverse. Ola is trimming its staff…
Category: Stories
Govt Could Cap Uber And Ola’s Fee For Rides At 10%, Half Of Current Fees
In India, Uber and Ola have been battling finicky customers, taxi unions, inhospitable roads, and each other, but they might receive a serious…
A Day After Uber Loses License In London, Ola Starts Onboarding Drivers In The City
Uber and Ola have been battling it out in India over the last several years, but their battles are now going international. A…
Oyo’s Annual Losses Rise Sixfold To Rs. 2,385 Crore
Oyo might be expanding into different geographies and different verticals, but the growth isn’t coming cheap. Oyo has registered a loss of Rs. 2,385…
500 Indian Startups To Get $250,000 From WhatsApp As Facebook Ad Credits
WhatsApp has taken its initiative to support Indian startups another step forward. The Facebook-owned company has announced an investment of $250,000 worth ad…
Paytm Has Raised $1 Billion At A Valuation Of $16 Billion
Paytm has further cemented its place as India’s most valuable startup. Paytm has raised $1 billion (Rs. 7000 crore) in its Series G…
Targeting To Generate 30% Of Revenues From Beyond Food Delivery In 2 Years: Swiggy CEO Sriharsha Majety
Swiggy might have become synonymous with food delivery — “Swiggy it” has entered the vocabulary of some Indians as a way of ordering…
Patanjali Appears To Be Rising Once Again, Reports Highest-Ever Revenue For HY 2019-20
Until a few years ago, Patanjali was the rising star on India’s FMCG space. With revenues of over Rs. 10,000 crore, it had shot…
Urban Ladder Bucks Trend, Posts Profit Of Rs. 49 Crore
India’s startup scene traditionally celebrates unicorns, which are startups that are valued at more than a billion dollars. They were so named because…