Globally, the viability of on-demand businesses is being questioned
With a simplistic user interface, one can select what items one needs
A number of smaller players are said to be gasping for breath.
Start-ups raised $5.70 billion in 2015.
Sources said a merger could benefit both as Grofers' private labels business would be a draw for Zomato, as well as its experience in the online grocery delivery space.
Online pharmacy player Portea, which has reportedly raised $46.5 million in two rounds, has been blacklisted for one year for revoking an offer.
To further ensure employability of students, IITs are encouraging students to positively accept more number of pre-placement offers and not wait till final placement season
'Shape up or ship out' message has been loud and clear across the new-age companies in the stressed market conditions
Ola wants to be India's answer to Grab, which is into everything, starting from cab service and logistics to bike taxis and food and grocery delivery.
'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
Investors spent much of 2016 cleaning house. And a VC tells Ranju Sarkar, "There's still some bad news left in the portfolios (of VC firms). What happens to Ola and Flipkart will drive sentiment in future."
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