What Will Job Search Be Like in the Next 5 Years?

What Will Job Search Be Like in the Next 5 Years?

In this modern digital age, the scenario of job search is completely different than it was decades back. People hardly look up the newspapers to find job vacancies and they have stopped mailing forms and resumes by post. Almost all job ads are posted on job search site and candidates can share their digital profiles to reveal their qualifications. Both employers and job seekers save countless hours ever since technology has revolutionized job search. The…

Flipkart Makes First Offline Foray, Opens Furninture Experience Center In Bangalore

Flipkart Makes First Offline Foray, Opens Furninture Experience Center In Bangalore

India e-commerce upstarts aren’t yet beating their offline counterparts, but they sure appear to be joining them. Flipkart, which has been proclaiming how its e-commerce model would end up disrupting traditional retail, has opened a “furniture experience center” in Bangalore. Flipkart said that the 1800 square feet space aims to give customers a glimpse into the selection that it offers in its furniture category, apart from creating awareness around seamless buying and installation. While Flipkart’s subsidiaries have previously…

Reliance Jio Is Now Officially India’s Biggest Telecom Operator, Just Three Years After It Was Launched

Reliance Jio Is Now Officially India’s Biggest Telecom Operator, Just Three Years After It Was Launched

Less than three years after it was launched, Jio’s disruption of India’s telecom sector is finally complete. Reliance Jio is now India’s largest telecom player by the number of subscribers. As of June 2019, Jio has 33.1 crore subscribers, edging ahead of Vodafone Idea, which had 32 crore subscribers. Jio’s subscriber growth  over the last two quarters has been stellar — in September 2018, it had 25.2 crore subscribers, which grew to 30.6 crore by March. This growth…

Zomato’s Infinity Dining To Let Customers Can Eat As Much As They Like At Restaurants For A Fixed Fee

Zomato’s Infinity Dining To Let Customers Can Eat As Much As They Like At Restaurants For A Fixed Fee

Say what you will about Zomato, but there’s probably no other company that keeps coming up with as many innovations in the food tech space as it does. After introducing Zomato Gold, through which subscribers could get a dish free with another dish each time they dined at select restaurants, and Zomato Treats, through which subscribers got a free dessert each time they ordered online, Zomato has now introduced something called Infinity Dining. Infinity Dining,…

Byju’s To Replace Oppo On Team India’s Jerseys, Will Become First Indian Startup To Sponsor Indian Cricket Team

Byju’s To Replace Oppo On Team India’s Jerseys, Will Become First Indian Startup To Sponsor Indian Cricket Team

If there’s ever a sign that India’s startup ecosystem has come of age, it might just be this. Byju’s will replace Oppo as the chief sponsor of Team India’s cricket jersey from September this year. Chinese smartphone company Oppo had paid a whopping Rs. 1079 crore for the rights to display its brand name on India’s cricket team jerseys in March 2017 for a period of five years, but is now handing over the contract…

UrbanClap CEO Abhiraj Bhal On His Company’s International Expansion, Its Financials, And Why He Still Drives An i10

UrbanClap CEO Abhiraj Bhal On His Company’s International Expansion, Its Financials, And Why He Still Drives An i10

India’s home services market has seen quite a bit of churn over the years — several companies have tried their hands at cracking the space, but it hasn’t always been easy. Several startups shut down along the way, and others ended up being acquired by bigger players. One company that’s been going strong since being founded in 2014 is UrbanClap. It’s raised $110 million (Rs. 770 crore) so far, and at a reported valuation of…

Here’s How Much Money Sequoia And Lightspeed Have Made From Ritesh Agarwal’s Buyback Of Oyo’s Shares

Here’s How Much Money Sequoia And Lightspeed Have Made From Ritesh Agarwal’s Buyback Of Oyo’s Shares

There have been all sorts of reactions to Ritesh Agarwal’s $2 billion buyback of Oyo’s shares — while he’s been feted by India’s startup community, the deal has raised eyebrows in India’s stock market circles. But what both sides agree on is that the Oyo investors who’ve sold him the shares have made a killing. Lightspeed Venture Partners and Sequoia Capital have made the richest ever-cash outs in India’s startup ecosystem with their sale of Oyo…

India’s Equity Investors Can’t Wrap Their Heads Around Oyo CEO Ritesh Agarwal’s $2 Billion Share Buyback

India’s Equity Investors Can’t Wrap Their Heads Around Oyo CEO Ritesh Agarwal’s $2 Billion Share Buyback

Ritesh Agarwal is currently the toast of India’s startup ecosystem. After having bought back shares worth $2 billion into his startup Oyo Rooms, he now owns 30% of the company he’d founded, which means he gets a potentially bigger payday when Oyo does go public. Also, the deal has raised Oyo’s valuation to an eye-popping $10 billion, which puts it in joint first place with Paytm in the list of India’s most valuable startups. But…

Oyo Rooms Doubles Valuation To $10 Billion After Ritesh Agarwal Buys Back Shares

Oyo Rooms Doubles Valuation To $10 Billion After Ritesh Agarwal Buys Back Shares

For a company that wasn’t even worth $1 billion until 10 months ago, the journey to becoming India’s most valuable startup has been breathtaking to say the least. Oyo Rooms is now valued at $10 billion after founder Ritesh Agarwal bought back shares worth $2 billion from existing investors. With the share purchase, Ritesh Agarwal, all of 25 years old, has raised his stake in his company from 9.62 percent to nearly thirty percent. The…

ShopClues Fires Half Its Workforce, Has Only 200 Employees Left

ShopClues Fires Half Its Workforce, Has Only 200 Employees Left

There was a time when attaining the unicorn tag meant a startup had “made it” — it meant easier access to funds, customers and new employees, and the $1 billion valuation was thought to be a precursor to bigger things. But as recent events have shown, it’s possible for startups to stumble even after they’ve gone past the milestone. ShopClues, which had become a unicorn in January 2016 with a $1.1 billion valuation, has reportedly fired about half…

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