Roadrunnr’s Ejipura office in Bangalore was vandalized today by irate employees who were protesting a change in their salary structure. The employees damaged office furniture and broke glass windows. This is the 2nd case of employee unrest this month in the Indian startup space after TinyOwl employees had held the company’s cofounder hostage for over 2 days in Mumbai.
A mistake whether big or small, whether the company’s fault, a case of miscommunication or just an unreasonable customer’s work, an apology can go a long way in winning back the customer. Add to a simple apology, some heart, some soul, and a little creativity, and you can help secure more good PR for your company than thousands in ad monies can.
Online shopping store Shopclues is looking for funds to the tune of Rs.990 to 1,320 crores so as to double its estimated worth in less than a year. According to Sanjeev Aggarwal, senior managing director at Helion Ventures which has a stake in Shopclues, the company may also go for a public offering to achieve its objective. “We feel we could be the first ecommerce company to go public,” added Agarwal.
I thought I would make millions through my startup, but I failed miserably. I’d read shiny stories of Flipkart and Zomato, but nobody told me that 90% startups fail within two years of starting up, I failed in the first year. Sometimes I feel being cheated but the fault was mine, I believed one side of the story.
The Telengana government had launched India’s largest entrepreneur hub – T-Hub in August of this year. The inauguration had taken place among much fanfare, with Ratan Tata being the chief guest and grand promises being made. But given the usual pace of government projects in India, expectations had been muted. But the Telangana government has delivered, and how.