Blog Page - Blogs
- Abhinav MishraExpert +02:52 pm 20 March 2017
Startups have been the trending topic over the past few years. The number of startups starting every year is increasing and so is the number of startup failing each year. As per report, close to 90% of the startups fail in the first 5 years of business. These are astonishing numbers given; people are still backing their ideas and coming up with new startups daily. If you are part of any such Start-ups’ execution team, then it is very important for you to check the below points which highlight the reasons as to why startup fail -
From overconfidence to arroganceRead More
- Shekhar ChsExpert +12:32 pm 03 March 2017
In a major setback, Chinese conglomerate LeEco has fired 85% of its employees in India, reported The Economic Times.
The company's office in Mumbai and Delhi are said to be left with a minimal staff and the company is now firing people at its research and development centres in Bengaluru.
The layoffs closely follow the resignation of its smart electronics business Chief Operating Officer Atul Jain and internet applications, serviceRead More
- Shekhar ChsExpert +08:01 pm 02 March 2017
Chinese e-commerce major Alibaba along with investment firm SAIF Partners is leading a $200 million (Rs 1,350 crore) round in Paytm, the demerged online marketplace unit of online wallet and digital payments company One 97 Communications, which operates under Paytm brand.
According to a filing with the Registrar of Companies earlier this week, Alibaba's Singapore unit will invest $177 million into Paytm E-Commerce Pvt. Ltd. with the remaining $23 million will be invested by SAIF Partners, an early investor in Paytm.
With the investment from Alibaba, the marketplace unit of Paytm has also achieved unicorn status, with the funds being used toRead More
- Shekhar ChsExpert +07:07 pm 27 February 2017
Ola the online cab aggregator, has raised USD 350 million from a clutch of investors lead by Softbank reports The Financial Express.
The latest round of funding of $300 million plus has been led by Softbank and also includes other existing investors, according to sources. Ola has been in the market for raising fresh round of funding over the last six months at a valuation of $5 billion.
According to Ola’s latest profit and loss details, the cab aggregator poRead More
- Abhinav MishraExpert +05:28 pm 24 January 2017
When you go to a new restaurant or to a car/bike service station or buy a new phone, you are eager to share your experience with your friends and family in both the possible scenarios – if the experience is good you would like your closed ones to experience it, on the other hand if experience is not good then also you would like to tell them so they don’t go for it.
People have always been sharing their experiences; the difference that has come recently is the ease of doing it. Now sharing your experience just takes a minute and it reaches not one or two people but thousands of people who could beRead More
- Abhinav MishraExpert +06:11 pm 18 January 2017
Over years people have related Start-up’s success rate with age of its founders. This mindset has changed somewhat in the past few years because of success of some start-ups whose CEOs are under 30. Though experience is key driver for entrepreneurship but it is not a mandatory one. The CEO of 4 biggest companies today were all under 30 when they started their journey - Facebook (20), Microsoft (20), Apple (21), Google (25). Here are successful and young CEOs from India –
- Pooja PanditExpert +04:26 pm 15 December 2016
A Flipkart delivery man was killed by a gym trainer to get hold of the smartphone parcel he ordered without paying money in Bengaluru, reported NDTV. The 29-year-old man’s body, throat slit, was found in a life shaft.
“Varun Kumar, a 22-year-old gym trainer, has been arrested for murder.”
According to the police, Swamy was brutally murdered as K Varun Kumar, a gym-trainer by profession, did not have the money to pay for a Chinese phone he had ordered.Read More
When swamy didn't return home for two days, his family filed a missing report, and the police tacked down his last delivery point – the gym.
Following the murder of the employee, Flipkart r
- Pooja PanditExpert +02:16 pm 12 December 2016
- Pooja PanditExpert +07:12 pm 10 December 2016
Delivery Hero which is valued at $3.1 billion, aquired foodpanda. The acquisition of foodpanda will be funded through the issuance of new shares in Delivery Hero to existing foodpanda shareholders.
Delivery Hero says foodpanda will enable it to consolidate its market leadership position in the Middle East.
foodpanda will add 20 new countries in Eastern Europe, MENA and Asia to Delivery Hero’s platform. It currently processes approximately 2 million monthly orders across the 22 countries it operates in.
Delivery Hero competes with Deliveroo, Uber Eats and Amazon worldwide.
Speaking over the addition of Foodpanda to their business, Niklas Östberg, CEO of Delivery Hero, says
"Foodpanda has built a fantastic position and service offeri
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- Shekhar ChsExpert +01:11 pm 23 September 2016
Apple is on a machine learning company buying spree. After buying Perceptio at the end of 2015 and Turi just a few months ago, Apple has now acquired an India/US-based machine learning team, Tuplejump.
“Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” Apple spokesman Colin Johnson said.
Artificial intelligence has become a key investment field for tech giants as Google, Facebook Inc. and Amazon.com Inc. compete with Apple to develop virtual assistants. The Tuplejump deal is Apple’s third acquisition in the industry this year, after the iPhone maker bought Seattle-based Turi Inc. for $200 million and purchasedRead More