Byju’s New Auditor Resigns In A Year, Hints At Fraud Within Company
September 7, 2024
Indian Startups Are Having A Field Day With Delhi’s OddEven Rule
While the unique initiative off OddEVen vehicles on Delhi roads has met with mixed reactions on the ground, and has become a butt of a gamut of social media jokes and commentary, operationally this has helped many urban commute startups and carpooling initiatives. In the midst of the OddEven Hoopla, Indian startups have found a way to leverage this buzz for some interesting marketing initiatives. Couple with some sense of humour, and a quick action, Zomato and Freecharge have both put an OddEven spin on their social media.
Housing Records A Loss Of Rs. 279 Crore In FY 2015
Realty portal Housing.com had been struggling with mounting losses when CEO Rahul Yadav was let go, documents filed by the company reveal. In FY 2014-2015, Housing recorded a loss of Rs. 279 crore. Its revenue in the same period was Rs. 12 crore. In comparison, competitor CommonFloor had revenues of Rs. 45 crore.
Kunal Shah Appointed IAMAI Chairman
Freecharge founder Kunal Shah has been appointed as the Chairman of Internet and Mobile Association of India (IAMAI). IAMAI is a not-for-profit industry body with a mandate is to expand and enhance the online and mobile value added services sectors.
Uber Launches UberCommute In Bangalore
The carpooling wave, partly spurred on by the Delhi government’s Odd-Even plan, is taking foot across the country. After starting off in Delhi, Uber has now launched UberCommute in Bangalore. Under this service, ordinary drivers will be able to offer their cars for pooling with people going their route.
It’s 2016 And We Still Have “Female Only” Jobs
In an age where discussions about sexism at the workplace are rampant, there’s a different kind of sexism at play, and one that doesn’t get talked about enough. Female only jobs. Why in this day and age are employers actively looking for women for certain jobs, thus promoting the stereotypes?
Snapdeal Lands In A Legal Soup For Selling Maggi
The ecommerce giant that had seemingly landed a marketing coup by partnering with Nestle to sell exclusive “welcome back” packages of Maggi, is now being sued for the same.
Grofers Shuts Down Operations In 9 Cities
Grocery delivery app Grofers’ ambitious expansion plans have hit a roadblock. After the company recently raised $120 million which saw its valuation rise threefold in less than a year, the company has decided to scale back its operations. It has shut down in operations in 9 Indian Tier 2 cities, including Ludhiana, Bhopal, Kochi, Coimbatore and Visakhapatnam.
Quikr Makes Big Push Into Home Services Space
Quikr, which is rapidly expanding from its initial model of being a goods exchange marketplace, is now looking to enter the home services market in a big way. The company has readied a Rs. 250 crore war-chest to fulfil its plans.
This Man Runs A Succcessful IT Startup Despite Being Immobile
Born with a rare ‘giant leg’ disability, Arun Rajasingh has battled a life of physical discomforts, un-acceptance, and many personal tribulations. However, all that was not deter this go-getter who is well on his path to innovation and enterprise with his startup Kenriche.