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.
Ratan Tata Funds Online Pet Platform DogSpot.in
In the latest of funding updates in the Indian startup scene, Ratan Tata, Chairman and notable entrepreneur Ratan Tata has invested an undisclosed amount in online pet content and ecommerce platform, dogspot.in. The investors in the deal include TV producer Ronnie Screwwala and four others.
Uber Pulls Out Of 3 German Cities Citing Difficult Regulatory Environment
Less than two years after its launch, taxi-hailing service Uber has suspended services in the German cities of Hamburg, Frankfurt and Dusseldorf, citing a difficult regulatory environment.
Zomato Order Crashes On NYE; Company Switches Off Online Ordering
Zomato saw its food ordering service Zomato Order crash on New Years Eve. Zomato was inundated with orders from hungry revelers on 31st December, seeing record levels of orders on the site.
CCI Dismisses Meru’s Plea Against Uber
The CCI has dismissed a case it had filed against the company in Kolkata.
Meru had filed a case against the global cab-hailing service app claiming that the latter, resorted to predatory pricing to woo customers. However, the CCI (Competition Comission of India) found no wrong-doing on Uber’s part.
Latest Investor In Rahul Yadav’s Startup? Yuvraj Singh!
Rahul Yadav has found another high profile backer for his new startup Intelligent Interfaces – it’s Indian cricket legend Yuvraj Singh. “Proud to back Rahul Yadav and Intelligent Interfaces (ii) in helping the Government govern 100x better with the help of technology. Get ready for the (r)evolution!”, posted Yuvraj on Facebook.