With Snapdeal, the country’s second largest online marketplace, signing a Memorandum of Understanding (MoU) with Small Industries Development Bank of India (SIDBI) last week, the trend of online companies promoting entrepreneurship is consolidating.
Tech companies across the world have been ramping up their efforts to retain women employees, and this trend seems to be catching on in India too. Flipkart today announced a revolutionary set of perks that the company will soon be extending to its pregnant employees.
Flipkart has announced that it will be moving 300 of its employees to Serco, a company that specializes BPO operations. This move has not gone down well with the employees, many of whom are reportedly mulling quitting over this transfer.
It’s boom-time for startups across the world. The unicorn, or a startup with a valuation greater than $1 billion (so named because it used to be as rare as the mythical creature), has now become commonplace. As of 2015, 107 companies across the world feature in this elite list.
The top startups in India in 2015 are, keeping with the times, mostly internet based companies. Mu Sigma, a Bangalore-based analytics firm, makes an interesting entry into the list.