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Tag: Indian Startups
Axis Bank buys FreeCharge for USD 60 Million
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India’s E-Commerce Groups Urge To Stop Alibaba
A decade after allowing Amazon to start what would become India's largest online marketplace, Flipkart co-founder Sachin Bansal appealed for government protection against his former employer. "Alibaba could approach the e-commerce unit as a complement to Paytm's core business, hoping…
How Start-Ups Die Plop!
Start-ups, the playfield of the young and the restless, have had a hard reality check. Sanchit Vir Gogia, Founder & CEO, Greyhound Knowledge Group, calls 2016 “a year of anxiety” for Indian start-ups, with “a much-needed market correction” that saw…
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…
Read More Indian Startups Should Focus On Sustainability, Stop Chasing Unicorn Tag
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…
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…
Read More With UberEATS, Is Uber Biting Off More Than It Can Chew?
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…
Read More Dance Of The Damned: Is The Paytm Founder Celebrating Too Soon?
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…
Read More What Flipkart’s New CEO Hire Tells Us About The Future Of India’s Startups
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.…
Read More SoftBank’s Son Cedes to Murdoch as Top India Home Portals Merge
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
Funds Dried Up And Valuations Fell: The Year That Was For Startups
The biggest change for technology startups came on November 8, when the government announced its decision to ban currency notes of Rs 500 and 1,000. Suddenly technology became a large driver for commerce. While retail sales in pockets dropped up…
Read More Funds Dried Up And Valuations Fell: The Year That Was For Startups
The New Era Of Startups
The startup ecosystem has become a hot topic for all and sundry. They have taken off and matured because of various factors such as availability of funding, consolidation activities by a number of firms, evolving technology space and a burgeoning…
Satyam Bansal Exits Flipkart
Satyam Bansal, Chief of Staff for Executive Chairman and co-founder of Flipkart Sachin Bansal exits Flipkart after a three year stint to join Hotstar, an online video streaming platform, as its Senior Vice President – Partnerships & Distribution, in Mumbai.…
Impact Of Flipkart’s Devaluation On Indian Startups: Insights By Greyhound Research On CNBC TV18
Click to see the video https://www.facebook.com/cnbctv18india/videos/1199544183416311
From $15.5 Billion To $5.5 Billion: It’s The Year Of Devaluations But Flipkart’s Not Losing Sleep
India’s most valued internet company has been devalued—yet again. In one of the most drastic markdowns for Flipkart so far, one of its investors, a mutual fund managed by Morgan Stanley, slashed the Bengaluru-based e-commerce major’s value to just $5.54…
Firms Relying On Digital Transformation To Counter Disruption In Ecosystem: Survey
Disruption appears to be the new norm in India, with over 90 per cent of enterprises stating they have experienced disruption, and another 26 per cent unaware of how their industry would look three years down the line, according to…
Read More Firms Relying On Digital Transformation To Counter Disruption In Ecosystem: Survey
Dell Technologies Research: Indian Organizations Most Digitally Mature Globally
Businesses consider digital start-ups a threat, either now or in the future. Specific to India, Dell Technologies conducted a study (DRIVING OUTCOMES FROM DIGITAL TRANSFORMATION – INDIA INC. APPROACH) to understand what 150 digitally mature organizations are doing differently, in partnership with Greyhound…
Read More Dell Technologies Research: Indian Organizations Most Digitally Mature Globally
Big Business Houses Race For IT Infrastructure To Rival Startups
Sixty-three per cent of large businesses in India are scrambling to invest in IT infrastructure & digital skills to compete with start-ups who are posing a threat to traditional businesses and 62 per cent are planning to invest over 30…
Read More Big Business Houses Race For IT Infrastructure To Rival Startups
Dell Tech To Tap Indian Digital Transformation
To tap into the country's digital transformation, Dell Technologies, outcome of the $67 billion Dell-EMC merger, is sharpening its focus on the country. Specific to India, a study by Greyhound Research (DRIVING OUTCOMES FROM DIGITAL TRANSFORMATION – INDIA INC. APPROACH) found that: In India,…
Digital Startups Will Disrupt Businesses: Study
Businesses believe digital startups pose a threat to their organisation, either now or in the future, while most fear that they may become obsolete because of competition from these startups. Specific to India, a study by Greyhound Research (DRIVING OUTCOMES FROM DIGITAL TRANSFORMATION –…
Layoffs Are In Line With Industry Practices: Flipkart
Indian e-commerce giant Flipkart, which has asked around 400 of its 33,000-strong workforce to leave the company on grounds of non-performance, said the move was in line with industry practices. Sanchit Vir Gogia, Chief Futurist, Founder and CEO of Greyhound…
Read More Layoffs Are In Line With Industry Practices: Flipkart
Amid E-retail Crisis, Flipkart Puts 300-600 Employees On Road To Layoffs
Amid concerns of Indian startups’ financial health, Flipkart – the country’s largest e-commerce firm – put 300-600 employees on a performance improvement plan that might result in layoffs. “Market correction has impacted e-commerce firms. This is beyond regular attrition. Downsizing…
Read More Amid E-retail Crisis, Flipkart Puts 300-600 Employees On Road To Layoffs
Going, Going…Jabong The Rise, Fall, And Sale Of Jabong Is The Future For Many Other Indian Startups
There was a time when Jabong was such a sought-after startup that some were even willing to pay $1.2 billion for it. On July 26, e-commerce major Flipkart acquired Jabong for $70 million—lesser than any of the bids reportedly made for…
How Jabong Dropped The Ball In Its Battle With Myntra
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
Building A Company Is Larger Than Just Raising Money And Cashing Out
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
India’s Tech Center Underdog Fights Back
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…
“Snapdeal is well-positioned to turn profitable in the next 2-3 years”- Kunal Bahl, CEO
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
Snapdeal May Die A Slow And Painful Death
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…