Some Cheer For On-Demand Bus Operators; Shuttl Raises Rs. 135 Crore
India’s beleaguered on-demand bus services sector got a much needed shot in the arm today after Delhi-based Shuttl raised Rs. 135 crore in…
India’s beleaguered on-demand bus services sector got a much needed shot in the arm today after Delhi-based Shuttl raised Rs. 135 crore in…
Fame can be fleeting. Looks fade away with age. Talent comes with a shelf life. However, businesses can go on, almost forever. Celebrities realise this fact, and many of them have decided to not put all their eggs in one basket and secure their future, with investments into a life beyond the showbiz. Their name, fame and the ready inventory of cash also makes business that much easier to get in to, and the new wave of entrepreneurship is not lost on them. Here are some of the prominent celebrities from the world of Bollywood, modelling and cricket who have ventured into starting or investing into businesses.
Things are changing in India. from a country that’s idolised Bollywood and cricket celebrities for the longest time, it’s now seeking and seeing role models and celebrities in startup founders and CEOs.
Bangalore based food tech startup Eatlo has not been operating since 15th December 2015. The app has been throwing up an error message when users try to log in. The menu on the homepage has also not been updated since then.
Prominent angel investor Zishaan Hayath has claimed that Grofers delivery boys are cheating consumers by creating fake bills. In a Facebook post, Hayath said that his mother made a large order from Grofers which included 3 packets of pulses. However the delivery boy only got them 2 packets, but the bill was of the same amount as his order. The store had generated a bill with different prices such that the order totaled to the same amount.
After a lot of murmurs around the deal, budget hotel aggregator Oyo Rooms finally looks set to acquire rival Zo rooms. This deal with firmly cement Oyo Rooms as the dominant player in the budget rooms segment eliminating its only competition hitherto.
Indian startups are all out to woo Bharat. After Snapdeal had announced that it was going to be available in 11 Indic languages amidst much fanfare, it is now the turn on classifieds site Quikr to follow suit. The company has announced that its platform would be available in 7 Indian languages – Hindi, Tamil, Telugu, Kannada, Malayalam, Gujarati and Marathi.
Zipgo, the online-demand shuttle service has now launched a women only bus service in the Delhi region to tackle 2 of Delhi’s biggest problems- Women’s safety and the traffic situation.
The firing season for Indian startups is not quite over. After the flurry of layoffs last month when Zomato, TinyOwl and Helpchat had fired employees, there had been a lull in the bad news coming in from India’s startup space. Not any more.
It has been reported that realty startup Grabhouse has fired an undisclosed number of workers. These layoffs are chiefly in the operations and data collection teams.