Swiggy Goes Public, Stock Rises 18% On Opening Day
November 13, 2024
Infosys Flooded; TCS, Wipro And Major IT Offices Shut Down In Chennai
Not only have the Chennai rains managed to ravage the city transport and power arrangements, but also penetrated the campuses of some of big IT offices.
Inside the Colourful, Fun And Kitschy Office Of ThoughtWorks, Pune
Think software, programming, coding languages and engineers, and the first imagery in mind is likely going to be of functional offices, industrial layouts, Facebook-like office, and overall a picture of all things dull, numbers and nerd-like.
However, ThoughtWorks – a software design and delivery, pioneering tools and consulting services company – is refreshingly different. The office is bright, colourful and very quirky with its interesting use of props and thoughtful details.
Ravi Gururaj’s QikPod’s Intelligent Locker Networks To Help Ecommerce Deliveries
QikPod will launch a network of intelligent lockers for delivery of ecommerce parcels to online consumers across the metros. Parcel Locker is a unit that is installed alongside neighborhood delivery and collection box units or in conjunction with Post Office Boxes in a retail facility that is used for parcel delivery. The startup venture will be launched by serial entrepreneur Ravi Gururaj backed with a $9 million funding from Flipkart, Delivery, Accel Partners and Foxmobile.
Nestle Put To The Test Again, This Time Its Pazzta
Nestle had barely had time to celebrate the return of Maggi on Indian shelves, when another of its products is in the dock. The UP government has raised concerns about the levels of lead in Pazzta, Maggi’s pasta brand.
Indian Luxury Fashion Brands To Go Global
With FDI being eased in single brand retailing and permission being granted to foreign companies to market through ecommerce platforms, the Government plans to encourage Indian luxury designers and brands enter into the global market, thus putting the nation on the international map.
Hiring To Pick Up In 2016; Retail, E-commerce, Transport To Dominate
Indian employers forecast an increase of 14.5% in hiring outlook next year, according to the India Skills Report 2016. Among sectors, retail, e-commerce, transport and logistics, telecom, pharma and healthcare are expected to lead the numbers with over 25% increase in hiring followed by banking, financial services and insurance (BFSI) at 15-25%. The positive hiring sentiment in the economy reflects a strong optimism for growth in the coming year.
Quikr Ventures Into The Entertainment Industry
From a cross category classifieds business, Quikr has now ventures into the entertainment industry, partnering with filmmakers. It has signed a memorandum of understanding (MoU) with filmmaker Vivek Bohra and casting director Aadore Mukherjee, to launch a platform for actors, casting directors, and production houses. The new platform will unite the different entities which will o help meet the needs of the entertainment industry.
Grofers Raises $120m; Valuation Jumps Threefold In Less Than A Year
Grofers has wrapped up a $120 million (Rs.800 crore) funding led by Japan’s SoftBank, thus taking the ecommerce stores to a valuation of $400 million. Other investors included Apoletto Asia, the personal investment vehicle of DST Global’s partners, Russian billionaire Yuri Milner, along with existing backers Tiger Global Management and Sequoia Capital India, according to Grofers CEO Albinder Dhindsa.
Riddle Room: A Startup That Is Solving The Problem Of Solving Problems
I experience Riddle Room, a live escape room, a form of physical real life interactive game in which players are locked inside a room and have to unearth clues, examine unassuming objects and discard decoys to successfully make it out within 60 minutes.