Uber Is Done Giving Lucrative Incentives To Drivers In Its Fastest Growing Market

Uber is finally opening up about the ongoing cab strikes in Indian cities and publicly addressing drivers' demands. Uber, which operates in over three dozen cities in India, is far beyond the "land-grabbing" phase, Sanchit Vir Gogia, chief analyst at…

Real-Estate Firms Open The Door To Technology Start-Ups

Real estate companies are starting to seek the help of technology start-ups in a bid to save costs as they face meek to zero interest in projects due to demonetisation. “At this juncture, as well as in the foreseeable future,…

Indian Startups Should Focus On Sustainability, Stop Chasing Unicorn Tag

The next company that is being greenlighted to enter the prestigious Unicorn club of startups is Oyo Rooms, a SoftBank-backed budget hotel aggregator. On Oyo’s likelihood of becoming a unicorn, Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, said…

The Metric That Indian Startups Once Swore By Is Now Being Blamed For All The Sector’s Ills

Till a few years ago, profitability received the step-child treatment from Indian e-commerce entrepreneurs. “While startups did extremely well by using their public relations muscle to ensure that GMV becomes the industry’s darling, it’s no more than a cover up…

How Entrepreneurial Dreams Are Lost When Investors Take Over Startup

Fights, ousters and exits are likely to occur when the management of a company takes over from its founders. This is because founders and managements don’t often think alike. In most cases, the board is run by investors who pump…

Here’s The Scary Truth: Almost Every Major Indian Startup Has Made The Same Mistakes As Snapdeal

India’s bustling startup ecosystem is in a state of hysteria as e-commerce major Snapdeal implodes. “I believe other startups will follow suit and by March more layoffs will be announced in other firms. There isn’t any choice. Companies will have…

Are Job Cuts At Snapdeal A Precursor To Its Merger With Alibaba And Paytm?

If Snapdeal follows the rule of the game, the company would deny any kind of merger talks with rival Paytm, or with investor Alibaba, unless a deal is concluded, at least verbally. “It will offer a new lease of life…

Uber Drivers Are Just An Unhappy Lot In This Country

Uber’s desperate attempt to turn India into its next big market isn’t chugging along smoothly. On top of regulatory hurdles that Uber has faced in nearly every region it operates in, the company is struggling in "right-sizing" its business model…

Uber-Reliance Jio Partnership Signals Larger Battle In Mobile Wallets

Mukesh Ambani-promoted Reliance Jio’s partnership with Uber, the American cab-hailing company announced on Monday, signals a larger battle in the mobile wallet space where Paytm leads with over 160 million users. Airtel could not gather the critical user base while…

India’s 3rd Biggest E-Commerce Firm Snapdeal Is Cutting 600 Jobs, And There Could Be More To Come

The e-commerce industry in India has received another blow. On Wednesday, India’s third biggest e-commerce firm Snapdeal announced that it will be laying off employees. Though the company refrained from giving out exact numbers of people to be given the…

Indian CEOs Are Far Behind The US Ones In Severance Pay Packages

Indians are way behind the USA, when it comes to severance package doled out to the CXOs. Compared to 3-5% Indians getting the severance pay as a safeguard clause in their contracts, it’s almost 60-70% in the USA. The scenario…

Golden Parachutes Start To Land In Indian Tech CXO Contracts

Departing Infosys CFO Rajiv Bansal's hefty severance package was one of the central issues in the row that broke out between the company's founders and its board, but East is far behind the West in offering so-called golden parachutes to CXOs.…

Rs 1.25-Cr Uber Package: Delhi Student’s Offer Matches Silicon Valley Salaries

A starting salary of Rs 1.25 crore per annum to a Delhi student matches the average pay package of American software engineers but is still 40-50% more that what Indian techies working in the US earn. “An average American software-engineer…

Is Flipkart Clawing Back In The Game Against Amazon?

In early signs of a reversal in fortunes, Flipkart has outrun rival Amazon India in gross sales in two consecutive months, after trouncing the US-based ecommerce company with its Big Billion Day sales in October. The Indian ecommerce giant recently…

Startup World Is No stranger To Boardroom Bickerings Playing Out In Infosys

The hullabaloo over former Infosys Chief Financial Officer Rajiv Bansal’s severance payout could just be the trigger for a larger war inside the IT bellwether. But the battle lines have yet to be clearly drawn. The question everyone seems to…

Tony Navin Quits Snapdeal In A Series Of Top-Level Exits

Top-level exits continue at Snapdeal, India’s third largest e-commerce company, as Tony Navin, head of partnerships and strategic investments, decided to move on after a seven-year stint. Navin’s exit comes in quick succession of two other bigwigs -- Abhishek Kumar…

Is it End Of Road For Ride-Sharing By Uber And Ola, Over Safety, Legality Debate?

Rideshare, which allows two or more people going in the same direction to use one cab, might be a good concept, but when did a good concept come in the way of law? It has in the case of cab…

Cloud Failures Will Drive Enterprises To Hire Startup CTOs

Over the last 12 months, we at Greyhound Research, the Technology Transformation arm of Greyhound Knowledge Group, carried out thousands of end-user enquiries on various aspects of Cloud Computing. These enquiries have ranged from questions on benchmarking cloud providers, enterprise…

With UberEATS, Is Uber Biting Off More Than It Can Chew?

Online food delivery is a tricky space for Indian startups, what with intense competition, wafer-thin margins and a funding drought that shows no signs of a let-up. So it was a bit of a surprise when San Francisco-based Uber, the…

Users Must Demand Secure, Transparent Experiences Over Better Looking Apps

Let's start by considering a data point from a recent Greyhound Research study titled Global Mobile Apps Outlook 2017. From the 300+ global app makers we interviewed, nearly all state focus on a MobileFirst strategy and further simplifying User Experience as…

Oracle Preparing To Compete With AWS

After launching its public cloud services in September, Oracle is vying for the market dominated by Amazon Web Services – by changing its organisation culture to mimic that of AWS itself. “Digital sales will be challenging for Oracle because most…

Dance Of The Damned: Is The Paytm Founder Celebrating Too Soon?

At 43, Vijay Shekhar Sharma’s energy level is palpable, as he danced on “Malhari” the song from actor Ranveer Singh’s movie Bajirao Mastani, at the annual Paytm event. But Sharma forgot that in the era of internet, on which Paytm’s…

Flipkart, Amazon, Snapdeal Losses Could Have Paid For Printing Notes After Demonetisation

Funded by foreign investors and parent companies, India’s leading e-commerce firms -- Flipkart, Amazon and Snapdeal -- have increased its losses by 51% in just one year to Rs 11,754 crore, to fund growth and dole out discounts to gain…

Losses of Flipkart, Amazon & Snapdeal would have allowed ISRO to go to Mars 24 times

At Rs 11, 754 crore, the combine losses of ecommerce majors Flipkart, Amazon and Snapdeal is almost equal to the annual budget of the Indian Space Research Organisation (ISRO). "To be able to curtail losses, it is critical for these…

M-Wallet Companies Look To Forge Partnerships With Insurance Firms

Mobile-wallet ventures are increasingly looking for partnerships with insurance companies in an effort to minimise their liability with risks from cyber security breaches on the rise. “A lot of times, hardware is mass produced and software just gets designed around…

The Pillars That Maketh A True Cashless Society

Below are some of the latest tweets on this topic. Read a more updated thread by clicking on any of the tweets from below. https://twitter.com/s_v_g/status/802753731074740226 https://twitter.com/s_v_g/status/802766535412461570 https://twitter.com/s_v_g/status/802767061302722562 https://twitter.com/s_v_g/status/802767527310802945 https://twitter.com/s_v_g/status/802768084167557120 https://twitter.com/s_v_g/status/802770360659681280 https://twitter.com/s_v_g/status/802771916901621760 https://twitter.com/s_v_g/status/802772782639550464 https://twitter.com/s_v_g/status/802776997726326784

What Flipkart’s New CEO Hire Tells Us About The Future Of India’s Startups

A year after Binny Bansal replaced his co-founder Sachin Bansal as CEO, Flipkart has yet again undergone changes in its management structure. India’s largest online marketplace announced its head of category design Kalyan Krishnamurthy as the new CEO, while Binny…

A Perfectly Ordinary Silicon Valley Tradition Is Rattling The Core Of India’s Silicon Valley

The appointment of a new CEO at Flipkart has anguished many Indian entrepreneurs. “Global investors who have bet on India will now take a cue from Flipkart and bringing CEOs from outside may well become a trend in 2017. That’s…

SoftBank’s Son Cedes to Murdoch as Top India Home Portals Merge

Indian real-estate websites PropTiger.com and Housing.com are merging to create the country’s top portal for residential listings and property services, as Rupert Murdoch’s News Corp. boosts its investment in the growing sector while Masayoshi Son’s SoftBank Group Corp. scales back.…

Change At Flipkart To Set Precedence For Global Investors In India

Below are some of the latest tweets on this topic. Read a more updated thread by clicking on any of the tweets from below. https://twitter.com/s_v_g/status/818641623621869569 https://twitter.com/s_v_g/status/818641826546520064 https://twitter.com/s_v_g/status/818642669559693313 https://twitter.com/s_v_g/status/818644002027122689 https://twitter.com/s_v_g/status/818654417964568578 https://twitter.com/anshoo_n/status/818678717270478848