After a torrid period for Indian startup stocks which saw the values of listed companies erode over a period of more than two…
Much has been said about how the upcoming AI revolution will impact humanity, but a prominent voice in the space feels that it…
Over the last decade, India has gone from importing nearly all its smartphones to turning smartphones into its fourth biggest export, but it…
All manner of multinational companies already have their presence in India, but India is now featuring ever more prominently in their plans. US-based…
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.
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 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.
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.
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.
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 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.
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.
Uber’s taking rapid steps towards setting up its Hyderabad office. After announcing plans of setting up its largest non-US office in the city in July, the company announced that it has leased 150,000 square feet for its Hyderabad office.
