'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'
Smaller Singapore- and US-based venture capital funds, retail associations and trader bodies such as the CAIT and SJM are all planning to approach the government to put pressure on the commerce ministry.
The start-up works with 2,000 owners and hosts 10,000 tenants across four cities - Bengaluru, the National Capital Region, Hyderabad and Pune.
The Tiger Global-backed company says the layoffs would affect all teams.
Meru Cabs' founder says they were a traditional company.
If Sachin Bansal sells his stake at a little over 5 per cent and steps down from Flipkart, as reports have suggested recently, either Binny Bansal or Kalyan Krishnamurthy, CEO of Flipkart, could be an option for the leadership position.
These days, one frequently hears of consolidation, rollback and even closure from the start-up world.
Shopclues, the latest unicorn, was at the bottom of the sector loss pie.
Unlike last year, investors turn cautious on e-commerce sector.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
Zopper, a price comparison site, with 2,000 online and 200,000 offline merchants on board, aims to increase user activity 100 times in 3 years.
Where Binny slipped up badly was in gauging the level of transparency and governance that is expected by a global strategic investor, says Indrajit Gupta.
LocalOye is a Bengaluru-based marketplace for local household and personal service providers.
Currently the average expected time of arrival for Ola vehicles is five minutes.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
Start-ups that did not have a business model and, hence, could not grow or attract new funding, are shutting shop.
If there is a morality tale here, it is that debt and death spare no king.
One part of the thesis was that India would sail through a global slowdown, while China's export-centred economy would be crippled. India generates less than 20% of GDP from exports, while the Chinese share is twice as high.
The mine is likely to yield 37 million tonnes of kimberlite, containing about 27.4 million carats of diamonds and has a life of 25 years.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
While the redeployment of talent from companies that have shut down into other start-ups is a great move, some say the gesture is gaining more visibility than the actual companies
Amazon signed up Motorola as an exclusive brand partner for its new devices, which in turn helped it grow
This is the third investment by News Corp in India.
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
Dahiya's first internet-based venture to sell insurance failed, but he was convinced digital was the future
'The biggest advantage a company has in today's day and age is its reputation.' 'When something of this nature takes place, their reputation takes a beating.'
The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.
Vikramank Singh looks back at the year gone by!
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According to sector officials and watchers, the funding (among the largest so far in the segment) from its existing investors -- Naspers, Accel Partners, Tiger Global and Iconiq Capital -- might be a sign of confidence they have in the company but it's still unsure if it will be enough for Flipkart to turn a corner and become profitable.
There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.
From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
Foreign funds may plough more money into Indian stocks in the next few months, say analysts, as the outlook for Asia's export-driven tiger economies is marred by the war in Iraq and a killer virus that threatens growth.
Triumph's portfolio includes high-powered bikes such as the Daytona 200, Rocket III, SuperSports Daytona 675R and Tiger 800, apart from its iconic Bonneville family.
The Bengaluru-based firm competes with US rival Uber whose lukewarm IPO last year has contributed to the lag in valuation trend among the unicorns across the Indian start-up ecosystem.
A summary of sports events and persons who made news on Wednesday
A Vodafone Group insider with more than 25 years in the telco across geographies, he's like the eyes and ears of the multinational in India.
As with stocks, real estate and art, investing in start-ups has emerged as an asset class in itself.
Tiger Woods and Annika Sorenstam were the dominant figures in global golf during 2002 but neither of them would have managed to generate more publicity than Augusta National chairman Hootie Johnson.
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