'We need people who can position a product digitally and craft the journey for customers, by improving user interface and user experience.'
Meru Cabs' founder says they were a traditional company.
The car was expected to have a price tag of Rs 10 lakh and launch was slated for this June.
'It is going to be extremely rapid and anybody who is not there, be it investor, manufacturer, supplier, will miss out.'
Of the 1,145 offers made this year, consulting firms made up 34 per cent, followed by banking, financial services and insurance, pharma/healthcare, IT/ITeS and FMCG/retail.
The state governments of Karnataka and Maharashtra have also moved to exert more control on app-based taxi aggregators.
With the deal closing, SoftBank becomes an investor in two of India's largest on-demand cab service -- Uber and Ola.
It was investing heavily in finding new ways to gauge driver behaviour apart from just relying on feedback provided by riders.
Modi will get the maximum chunk of the session time.
In a major decision, Delhi government on Wednesday rejected fresh applications for licence by US-based taxi booking firm Uber and two other such service providers -- Ola and TaxiForSure.
The country came to a virtual stand-still when trade unions called a two-day general strike on February 20 pressing for implementation of their 10-point charter of demands.
Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.
Most Indian start-ups and e-commerce are largely funded by foreign investors
An individual must have tolerance for ambiguity and will have to learn to adapt to changing scenarios, suggests Career Coach Dr Shruthi J Mayur.
The fresh funds would be used for expansion of Meru's network.
India turns talent backyard for Southeast Asian taxi apps to fight Uber.
Uber says it is engaging with state govt to explain why its business model encourages savings for customers.
Quelling fears of a takeover by Ola, which is also funded by Uber's major investor SoftBank Group, the US-based cab aggregating giant made it clear that the company was not ceding its position in India, one of its core markets.
A dramatic stoppage-time goal from Toni Kroos gave holders Germany a 2-1 win over Sweden on Saturday to keep alive their hopes of qualifying for the World Cup last 16.
The company has been a part of the start-up ecosystem in a big way from early stages right up to when the companies start achieving full scale.
The ban on app-based taxi services will continue and vehicles violating it will be seized, the city government on Tuesday submitted in the Delhi High Court in New Delhi while Uber India Systems Pvt Ltd withdrew its plea against the December order stopping its operations.
It's high time we now turn the popular question on its head -- when there is no growth in jobs for several years, how can the real GDP grow at 7 per cent per annum, says Mahesh Vyas.
Even at early stage, start-ups are raising more money faster owing to the rise of a lot of specialised early-stage VCs and emergence of seed-stage programmes.
Mass mobility in India is in a race when the light turns from yellow to green. Just that this moment has lasted three years. The renewed enthusiasm, however, indicates that the lights may finally be about to change, says Patanjali Pahwa.
Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
There is a new energy in 2015 and a new breed of young, ambitious innovators and entrepreneurs who are coming up with creative solutions to many of India's problems, says Mallika Kapur.
TaxiForSure's Aprameya Radhakrishna's new venture, Vokal, is a peer-to-peer content generation platform that is a cross between Reddit and Quora.
Housing.com CEO takes a dig at Vishal Sikka.
Internet entrepreneurs are the next big thing in India.
Strict lockdown-like restrictions are already in place in the southern stateand the Pinarayi Vijayan government decided to clamp the complete shutdown in the wake of severe spike in the positive cases.
'Do not get into the calculations that you see on television...Oh if you are looking at $5 trillion economy, the country will have to grow at 12 per cent, today it is growing at 6-7 per cent'
From $10 billion deployed in Indian start-ups in 2017, $6 billion went to unicorns
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
Uber India has readied itself for another $500 million (Rs 3,300 crore) investment in the next three months.
State transport commissioner Shyam Wardhane has issued directives allowing private cars, buses and other vehicles to operate as "public transport" on Monday
'While we may speculate about personality politics, the reality is that there are more important issues that drive the India-US relationship.'
The new feature is up and running in Nagpur, Guwahati and Jodhpur
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
Valued at $5 billion, Byju's has seen growth sky rocket in the last two years on the back of mega VC top-ups.
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