Why Retail Startups Fail
According to Bloomberg, about eighty percent of startup businesses fail. It’s not exactly a comforting statistic when you’re looking to start your own business. But why is failure so common?
Bike Taxis In Bangalore Declared Illegal By Transport Government; Vehicles Seized
Uber and Ola are in for a rude shock as starting today, the State Transport Department has started a crackdown on the bike services that these companies had launched in the city.
Here Are The Winners Of One Internet’s Asia Hardware Battlefield 2016
Over 17th to 28th Feb 2016, India’s best hardware startups competed in cities across India for a chance to visit China and present their ideas in front of investors such as Sequoia China, IDG and Matrix Partners China. India Startup Hunt, a part of the the Asia Hardware Battle, aimed to recognize the best hardware startups in India and shine a global spotlight on them.
These Are The Richest Businessmen In India In 2016
From being a struggling, third-world economy in the 90s, India’s made rapid strides. Its businesses are now flourishing, and its products now compete…
I Tried A Bike Taxi Today And Learnt Some Incredible Things
When Uber and Ola launched their Bike Taxis in Bangalore within hours of each other, I decided to try it out for myself. I have ridden pillion for hundreds of miles through the treacherous terrains of Ladakh, how bad could a few kilometers in a metro city be? So, I tried a bike taxi for the first time in India, and it was full of precious insights and a sweet banter with my driver Mohun.
Flipkart Finally Enters Payments Race; Launches Flipkart Money
India’s crowded wallet space has a big new entrant. After many months of speculation, Flipkart has finally come up with its own digital wallet. Dubbed Flipkart Money, the wallet is being powered by FX Mart, a Punjab-based company that Flipkart had acquired last year.
Paytm Taps Into Small Town India; Adds Hindi Interface To Seller App
It’s the flavour of the season. Companies are rushing a grab a foothold in small town India, and are adapting their English interfaces to suit the average Indian consumer. After Snapdeal and Quikr had gone desi and made their apps available in local languages, e-commerce platform has now added a Hindi interface to its seller app to increase its appeal in Tier 2 and Tier 3 cities.
At 33, Flipkart CEO Binny Bansal Is India’s Youngest Billionaire
There are 2 men on the list who are decades younger than everyone else. They didn’t inherit their wealth, or have famous surnames. They got there because they started a company and it happened to do really well, really quickly. Sachin Bansal and Binny Bansal are the youngest people on India’s billionaire list, and Binny, at 33, pips Sachin by a few months to be India’s youngest billionaire.
Indian Startup Discovers World’s Safest DNA/ RNA Stain
Bengaluru-based Indian science startup Azooka Life Sciences has announced the discovery of the world’s safest DNA/ RNA fluorescent gel stain.