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On July 26th, Gaurav Alagh, a former journalist turned entrepreneur, was having a bit of a bad day and he was getting rilled up on Twitter. His navy blue polo T-shirt hadn't come in, which he had ordered from fashion…
Read More How Jabong Dropped The Ball In Its Battle With Myntra
20 Quotes From Indian Startup Journeys... The future is in platforms - Sanchit Vir Gogia, Chief Futurist, Founder and CEO of Greyhound Knowledge Group. Source: YourStory.com
Considered to be one of India’s most developed cities, Pune is making a name for itself as a go-to tech hub in the country. In recent years, the city has seen an exponential growth of its startup community and may…
It is a Monday afternoon in early July. Kumar and his friends, who work at an eating joint in Delhi’s Chittaranjan Park area, have just finished their afternoon chores. Kumar’s friends huddle around him, though the centre of their attraction,…
Read More Google, FB And Battle For Offline Internet In India
On 28 June, when Amazon Web Services (AWS) announced the launch of its sixth Asia Pacific (APAC) Region in Mumbai, India, it did nothing short of telling its competitors firmly, especially Microsoft and IBM, that it was stepping up its…
Read More Why AWS Announcement Heralds Public Cloud War In India
Startup firms in India raised $583 million (about Rs 3,915 crore) in the second quarter this year, a sharp fall from the $2333 million (about Rs 15,666 crore) they raised a year ago, indicating falling valuation and a bearish signal…
Read More Indian startups witness a sharp 59% fall in funding in Q2 2016: Report
Snapdeal recently expanded their e-commerce marketplace to include more service offerings through a ‘one-of-a-kind partnership’ with Zomato, Cleartrip, UrbanClap, and redBus. Now in a recent interview with Livemint, Kunal Bahl, CEO, Snapdeal, said that the company is now focusing on…
Read More “Snapdeal is well-positioned to turn profitable in the next 2-3 years”- Kunal Bahl, CEO
On June 8, American e-commerce major Amazon announced an additional $3-billion investment in India, making clear its intention to win in the country. This throws up a massive challenge for all homegrown e-commerce companies, among which Snapdeal could be hurt the…
Maharashtra CM Devendra Fadnavis recently expressed the state government’s intention to develop Pune as the startup hub for Maharashtra. He went on to say that Pune could be the startup hub of the country. Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound…
Read More Will Pune Outpace Bengaluru To Become India’s Next Startup Hub?
On Tuesday, 28 June 2016, Amazon Web Services (AWS) announced the launch of its sixth Asia Pacific (APAC) Region in Mumbai, India. The new AWS Mumbai Region consists of two separate Availability Zones at launch. This news is part of the…
Read More AWS Announces New Asia Pacific Region – Here’s Why It Matters!
Tim Cook started his India tour with an obeisance to Lord Ganesha, the favourite deity of those in trouble, at Mumbai’s Siddhivinayak temple. Cook did not put all his faith in religion alone, he also leaned on India’s other obsessions. The…
Read More India Plays Hard To Get As Zuckerberg , Tim Cook, Jack Ma, Nadella Come Calling
At 148 years old, India’s salt-to-steel conglomerate Tata Group wants to get hip and cool. So, for its first big gamble on India’s booming e-commerce space, the group says it will only sell Camels—that’s short for “certified authentic merchandise everybody loves”—on its…
Read More Coming Soon To A Website Near You: The Carnage Of Indian E-commerce
Even as investors at Mu Sigma keep a close watch on the recent developments within the company, there is a possibility of bringing in professional mangers at the helm of affairs. “In all likelihood, an external professional management will be…
Read More Investors Keep A Close Watch As Mu Sigma Founder-couple Splits
Microsoft and Tamil Nadu Small and Tiny Industries Association (TANSTIA) have come together to offer a range of modern business devices powered by Windows 10 Pro to empower Small and Medium Businesses (SMBs) in the state to fast-track their growth. Watch video…
Read More Microsoft Partners With TANSTIA To Accelerate SMB Growth With Windows 10
India’s biggest technology startups are finally getting a taste of devaluation. For the last couple of years, India was flooded with venture capital money, which helped several tech companies become unicorns—startups valued at over $1 billion. But now, some of…
In April, on-demand grocery delivery service PepperTap shut shop. Recently, online beauty services provider Amber Wellness, which was operating in Bangalore, New Delhi and Mumbai, closed down. But these are not isolated cases. In 2015, around 13 startups closed operations.…
Read More The Real Reasons Behind Indian Startups Shutting Down
The first ever move from an Indian e-commerce company to list on the stock exchange is in a “grave” position. Literally! High expectations are the mother of all disasters, which was why the “high-valuation” narrative was rejected by Indian retail…
Read More Infibeam: Rock-a-bye baby the e-commerce cradle rocks, but the bough breaks, it falls
Amidst the growing cacophony of e-commerce start-ups announcing plans to raise capital, what goes unnoticed is the fate of many others that struggle to mop up funding after the initial seed round. The past 6-8 months have witnessed a complete…
Read More Starting Trouble: A Dull Investment Climate For Start-ups
It was not long ago that Kunal Bahl, CEO and co-founder of Snapdeal, announced that by the end of the current fiscal, that is 2015-16, his company will overtake Flipkart as India’s largest e-commerce company. “That will not happen for…
Read More Snapdeal Still Has A Long Way To Go To Overtake Flipkart
The clear demarcation of roles between founding members Sachin Bansal and Binny Bansal of Flipkart was only expected and it was just a matter of time before they exchanged roles or took on different mantles, say analysts who have been…
Read More Here’s why investor community is kicked about Bansals’ role change at Flipkart
Young India is excited with the numbers thrown about by news reports on valuations. Some believe that a large company like Flipkart is valued at $15 billion (Rs 1 lakh crore) and everyone expects, if and when they list on…
Read More Why there won’t be a big fat e-commerce IPO in India anytime soon
Around two years ago, India’s technology startup space was dominated by American investors such as Tiger Global and Sequoia Capital. But it all started changing in October 2014 when Japan’s SoftBank announced investments of around $800 million in two Indian…
Read More Are we celebrating SoftBank and Nikesh Arora too soon?
The government is beginning to help startups connect their products and thousands of their SME customers to the Goods and Services Tax (GST) platform as it moves ahead with its plan to create a unified tax system across the country.…
The two Bansals have managed to raise over $3 billion from investors such as Accel India, Tiger Global, Steadview and Greenoks Capital since starting Flipkart. The latest injection, $700 million, came in late July, from Tiger, Steadview and others. This…
Read More Flipkart co-founders take on new roles in push toward $100bn dream
Based out of Rajasthan, Pritam Maheshwari is a furniture manufacturer who retails his goods on an e-commerce portal in India. When he ships his product to Bengaluru, he has to pay Value Added Tax (VAT) in Rajasthan and entry taxes…
new study commissioned by storage vendor EMC and conducted by research firm Greyhound Research has found that start-ups are disrupting the traditional industries in a big way. Technology is helping these start-ups to deliver unique and personalized experiences compared to…
Read More Start-ups disrupting traditional industries; constrained by workload problems
Waves of startups have completely changed the way people consume and do things but what makes an idea stick and cater to unseen needs still largely remains a mystery. A new report reveals that their success is dependent on catering…
Read More Startups Need To Cater To The Demands of New ‘Information Generation Consumer’: Report
In2IT Technologies, a Gold Partner of Microsoft is enabling the businesses in Odisha with enterprise-grade cloud technology from Microsoft. The company provides a wide array of Microsoft cloud services including Office 365, Azure and CRM Online, to its customers from…
Federation of Karnataka Chambers of Commerce and Industry (FKCCI), an apex organization for industry, trade and service sectors in Karnataka and Microsoft have come together to help more than 200000 SMBs across Karnataka to adopt technology with cloud computing. This…
Global software major Microsoft said on Thursday it is partnering with Federation of Karnataka Chambers of Commerce and Industry (FKCCI) to help about 200,000 small and medium businesses (SMBs) across the state use cloud computing to spur their revenue growth.…
Read More Microsoft to help Karnataka SMBs use Cloud Computing
