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…
Category: Stories
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…
India To Give Startups A 10-Year Exemption From Regulatory Filings
India’s startups could soon spend more time working on building their products and acquiring their users, instead of filling out government paperwork. India…
We Sold Our Payments And Logistics Businesses For Less Than What They Were Worth: Snapdeal
Snapdeal had raised eyebrows when it had sold off several of its non-core businesses in quick succession a few years ago, and CEO…
Flipkart Lost Rs. 15 Crore Per Day Last Year
It’s common knowledge that Indian e-commerce companies are currently bleeding money, but it’s hard to appreciate how much money they’re really losing. Two…