IndiGo Flying High In The Indian Aviation Skies
IndiGo is now stomping its dominance on Indian skies. According to data compiled by Director General Civil Aviation (DGCA) for the first seven months (January-July) of 2015, the airline carried 17 million passengers during this period with a market share of 37.3 per cent. During the corresponding period of 2014, it had carried 11.48 million passengers with a market share of 30.5 per cent.
Rahul Yadav To Launch Data Analytics Startup
After his ignominious exit from Housing.com, Rahul Yadav had promised to come back bigger and stronger than before. He’d claimed that his startup would be 10x bigger than housing, and perhaps bigger than “all Indian internet companies put together.” He’s finally revealed what his grand plans are.
India’s Startup Ecosystem Shallow: Flipkart’s Punit Soni
Punit’s move back to India enables him to have a fascinating perspective into India’s startup journey. Having left India when there was no startup scene here to speak of, and having seen Silicon Valley’s tech scene first hand, when he speaks about India, you listen.
And he’s just predicted a correction in the Indian startup market.
Oyo Rooms Unveils New Logo
It’s the season of logo changes. After Google surprised industry watchers and consumers alike with its sleek new logo, and Verizon unveiled theirs after their acquisition of AOL, it’s time for a firm closer home to come up with a new brand identity. Oyo Rooms, the 3 year old budget booking app, has come up with a new logo.
Zomato Raises $60m From Temasek Holdings, Vy Capital
Zomato has raised $60m in a fresh round of funding led by Temasek Holdings. Temasek Holdings is an investment company owned by the Government of Singapore. Incorporated in 1974, Temasek owns and manages a net portfolio of S$266 billion, mainly in Singapore and Asia. Existing investor Vy Capital also participated in this round.
Baba Ramdev To Launch His Own Brand Of Atta Noodles
While Nestle is battling with the authorities to reinstate its much-loved noodle brand on Indian shelves, Baba Ramdev has spotted an opportunity. He’s swooping into the market with his own alternative to Maggi, Atta Noodles.
Zomato Launches Tech Platform To Help Restaurants Get Online
In the latest in the series of changes to be the last word on restaurants, Zomato has launched a technology platform called ‘White Label’ that enables restaurants to launch custom-branded native mobile apps, and bridge the gap between them and their customers.
Internet, Smartphones, Investments Driving E-Commerce
According to an Assocham-PricewaterhouseCoopers study, India is at the cusp of an e-commerce revolution. Accelerating internet access, staggering penetration of mobile phones and robust investment have driven the growth of this industry, and if current projections are anything to go by, India is on route to becoming the world’s fastest growing e-commerce market.
Flipkart Disables Certain Products From Its Website In A Bid To Get Customers On Its App
While latest reports suggest that Flipkart has backed down from its plan of shutting down its website, it’s still coming up with other ways to make people switch to the app. The newest method to force users to go mobile seems to be app-only products.