After Approving Only 10 Startups In Its First Year, Startup India Now Recognizing 1 Startup An Hour

After Approving Only 10 Startups In Its First Year, Startup India Now Recognizing 1 Startup An Hour

Startup India might have got off to slow start, but it appears to be beginning to pick up steam. The government scheme, launched in January 2016 to encourage entrepreneurship in the country, is now recognizing one startup an hour to be eligible for incentives and benefits. This appears to be a big improvement from when the scheme had launched, when it had approved only 10 startups for tax benefits in more than a year.  “Since…

Google Maps Now Gives Live Train Updates In India, Multi-Mode Commute Suggestions

Google Maps Now Gives Live Train Updates In India, Multi-Mode Commute Suggestions

Google is doubling down on the product features in one of its largest markets. Google Maps now provides real-time updates of trains in India, the company announced. The update is the latest in a slew of new features that have been made available for Google Maps in India, including bus travel times in ten major cities, and mixed-mode commute suggestions that will combine auto-rickshaws and public transport. The real-time train location feature had been on the…

Zomato Introduces New Parental Leave Policy With 26 Paid Weeks Off For Both Men And Women

Zomato Introduces New Parental Leave Policy With 26 Paid Weeks Off For Both Men And Women

Indian startups are now not only building world-class products, they’re introducing world-class employee benefits as well. Zomato has said that its new parental leave policy will provide 26 weeks off for both men and women. The company says that the generous leave policy will not only help more women build their careers while at Zomato, but also lead a healthy family life. “For women across the globe (we have teams in 13 countries as we speak),…

Swiggy Has Launched Swiggy Daily, Its Food Subscription App

Swiggy Has Launched Swiggy Daily, Its Food Subscription App

India’s food delivery players have been trying several ways to keep their customers coming back to their apps — they’ve experimented with cashbacks, they’ve experimented with offers, and Zomato even ran a contest where users predicted the result for every IPL match to win discounts. But Swiggy’s instituted something that guarantees customer loyalty, at least for a brief period — it’s gone ahead and launched a subscription service. Swiggy has come out with a new…

Flipkart’s Sachin Bansal Becomes Independent Director At Ujjivan Small Finance Bank

Flipkart’s Sachin Bansal Becomes Independent Director At Ujjivan Small Finance Bank

Sachin Bansal might have made his name in e-commerce, but he isn’t being averse to trying out different roles in his post-Flipkart days. Ujjivan Small Finance Bank has appointed Flipkart co-founder Sachin Bansal as an independent director. Bansal will join the board of the bank on the 1st of June, and reportedly use his Flipkart experience to help the bank turn into a mass-market bank. Ujjivan Financial Services Limited started operations as a NBFC in 2005, and…

Top Indian Startup Founders Were Invited To Witness PM Modi’s Swearing In Live

Top Indian Startup Founders Were Invited To Witness PM Modi’s Swearing In Live

India is fast-emerging as a global startup hub, but there’s often debate around whether it is because of the government’s policies, or in spite of them. But whatever role the government might have had in creating India’s flourishing startup ecosystem, one thing is certain — startups are now very much on the government’s radar. Several prominent Indian entrepreneurs were invited to the swearing-in ceremony of Prime Minister Narendra Modi second term. This might have been the…

IIT Madras Alumnus Suresh Kumar Appointed CTO Of Walmart

IIT Madras Alumnus Suresh Kumar Appointed CTO Of Walmart

Yet another multinational giant is now powered by an Indian CTO. Walmart has appointed Suresh Kumar as its Chief Technology Officer. Kumar will join Walmart on 8th July, and report directly to Walmart CEO Doug McMillon. He’ll step into the shoes of longtime Walmart CTO Jeremy King, who left the company in March. Suresh Kumar had graduated from IIT Madras in 1987 with a Bachelor’s degree in Aeronautical Engineering, before treading a path that was familiar…

Naukri.com Has Acquired IIMJobs.com’s Parent Company For Rs. 81 Crore

Naukri.com Has Acquired IIMJobs.com’s Parent Company For Rs. 81 Crore

After providing jobs for thousands, iimjobs has now found a taker for itself. Naurki.com has acquired iimjobs’ parent company Highorbit Careers for Rs. 80.81 crore. Highorbit Careers was founded in 2010 and operates job portals iimjobs.com and Hirist.com. Post the acquisition,  iimjobs will become a wholly-owned subsidiary of InfoEdge, Naukri.com’s parent company. “iimjobs has managed to carve a niche for itself and has built a great brand in the premium jobseeker community,” said Hitesh Oberoi, the CEO…

Google Pay Is Now India’s Largest UPI Platform By Value Of Transactions: Report

Google Pay Is Now India’s Largest UPI Platform By Value Of Transactions: Report

Paytm and PhonePe had spent much of last year quibbling over which one was India’s largest UPI platform, but it appears that a foreign player has quietly stolen their lunch. Google Pay has become India’s largest UPI platform by transaction value, Bloomberg Quint reports. Quoting industry sources, the report said that Google Pay reported Rs. 49,700 crore of transactions in April, leading PhonePe, which accounted for Rs. 42,610 crore of transactions, and Paytm, which had…

Watch Jeff Bezos Masterfully Handle A Customer Who Wants To Return An Order To Him In Person

Watch Jeff Bezos Masterfully Handle A Customer Who Wants To Return An Order To Him In Person

E-commerce sites have pretty much streamlined how they handle product returns — there’s usually a form to fill, a valid reason to give, and someone comes over to your house and picks up whatever you’ve chosen to have returned. But things must’ve come to a pretty pass if you’re forced to return your product directly to the company’s CEO — at a public event no less. At Amazon’s annual stockholder meeting, Jeff Bezos was faced…

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