Swiggy Goes Public, Stock Rises 18% On Opening Day
November 13, 2024
Directi Sends Touching Letters To Campus Recruits’ Parents
It’s often hard for companies to retain a connect with their recruits between their campus placements and their joining dates, and students too are in a strange limbo between college life and the real world. Directi wanted that things be different this year. They decided to step in and surprise their campus recruits this Diwali.
Flipkart Makes It Easier For Employees To Monetize ESOPs
Flipkart is continuing to innovate in the area of HR practices. After announcing generous maternity and paternity leaves, and offering unprecedented leaves flexibility at work, the company has made it easier for its employees to monetize their stock options, which are often a large part of their salaries.
Practo Ties Up With Uber Across India, Indonesia And Singapore
Practo has said that it is tying up with taxi hailing app Uber to ferry patients to their doctors. Across India, Indonesia, Philippines and Singapore, those who book an appointment on Practo’s mobile application will be able to view the closest Uber available along with the appointment reminder alert.
Hyperlocal Services Provider LocalOye Lays Off 60 Employees
In a continuation of the winter wave of startups layoffs, Bangalore based hyperlocal services provider LocalOye has laid off 60 employees.
Getting Your Annual Bonus? Here’s Where To Invest
The year is about to come to a close, and that means you’re probably going to be getting your annual bonus. If you get a big lump sum at one go, don’t be tempted to blow it all up in consumption needs. Keep a part for investment, the size depending upon your spending profile.
Here are a few tips for investing for the Indian office-goer.
CashKaro Raises Rs.25 crore From Kalaari Capital in Series A
Online deals site CashKaro has raised Rs. 25 crore from Kalaari Capital in its Series A funding. CashKaro was launched in August 2013 with a funding of $750,000 from a group of UK-based investors who worked as senior executives in companies such as Paypal, Investec and Goldman Sachs.
Ola Launches Its Digital Wallet, Ola Money
Ola cabs, India’s largest cab hailing service has launched a dedicated mobile app, Ola Money. “Do more with Ola money for a fast, seamless shopping experience”, the app claims, “because shopping online isn’t exactly a fun thing to do.” It identifies Paytm, backed by Alibaba group and FreeCharge, owned by Snapdeal, as competitors.
How We Lost Rs 15,00,000 In Our Startup
I thought I would make millions through my startup, but I failed miserably. I’d read shiny stories of Flipkart and Zomato, but nobody told me that 90% startups fail within two years of starting up, I failed in the first year. Sometimes I feel being cheated but the fault was mine, I believed one side of the story.
In Layoffs And Retrenchments, There Is More Than Meets The Eye
Although there is huge outrage of start-ups retrenching employees, actual facts and figures behind these lays offs and shutdowns are not what meets the eye. Dearth of investments may not be the identified cause. Yes, the cheque sizes or amounts being invested in start-ups may be declining but the overall funding story is quite different.