Tiger Global’s Stake In Razorpay To Increase With ESOP Buyback Plan

US-based hedge fund and venture investor Tiger Global Management is buying back the shares of 140 employees at payments firm Razorpay via an employee stock option (ESOP) plan, a statement by the Bengaluru-based startup said. The investor is buying the…

India Has Already Hit Record Number of $1 Billion Startups This Year

You get a clear sense of Policybazaar’s target audience the first time you watch Yama, the Hindu god of death, drag a bedridden man to hell for failing to buy insurance. In a series of melodramatic TV spots, the fearsome deity,…

Foodpanda Has Bet On A Dead Startup To Revive Ola’s Food Delivery Dream

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Why Bansal May Get A Bigger Stake In Ola Than What $100 Mn Warrants

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Uber Hires A Cricket Superstar To Show India It’s Not Going Anywhere

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Cognizant Tax Evasion Issue Unlikely To Have Significant Impact

Industry experts believe that Cognizant will not see much impact from its ongoing case with the income tax authorities in India. "Cognizant is not a company that is known to be non-compliant. That said, a company of its stature should…

Why are Ola & Uber Drivers Angry in India

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Ola, Uber Strike Highlights Tough business Model Of Cab-Hailing Firms

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Ola To Buy Foodpanda: More Than Taking On UberEATS, It’s A Hyper Growth Strategy For Indian Co

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Ola Buys Foodpanda’s India Arm, To Pump $200 Mn Into Food-Delivery Biz

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This Is Uber’s Answer To Ola Play, Coming Soon To A Cab Near You

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Why Uber and Ola Drivers are Unlikely to Go on Another Strike Anytime Soon

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Ola’s Aggarwal, Bhati Lowest-Paid Unicorn Founders, Yet Raked In Millions

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Ola’s Cab-Leasing Arm Swings To A Loss In FY16

Ola Fleet Technologies Pvt. Ltd, the cab-leasing arm of taxi aggregator Ola, has posted a loss of Rs 13.3 crore for FY16 compared to a profit of Rs 3.9 crore the previous year, show filings with the Registrar of Companies…

Cognizant Layoffs: Gloom Continues, Jobs In Tech And IT Companies Dry Up

Cognizant, the New Jersey-headquartered software services company with most of its operations in Chennai, is likely to lay off 6,000-10,000 “ redundant and non-performing” employees. “When global competition stepped in, Indian companies went through multiple levels of devaluation – for example…

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…

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…

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…

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…

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…

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…

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…

Internet Giants Turning One-Stop Platforms To Beat App Economy

Internet giants Facebook and Google are moving beyond their existing offerings and platforms to venture into aggregating online services. Instead of using multiple applications for various needs, Facebook and Google are looking to layer these services to a single platform.…

After China Sellout, Uber May Now Sharpen Its Focus On India, Look For Buyouts

Uber has created a bump in its tracks with Didi Chuxing, the global giant's arch rival in China buying out its operations there. The combined entity is now valued at $35 billion, according to news reports. The buyout is a jolt in…

LinkedIn sets sights on Indian start-ups

US-based social networking company LinkedIn is looking at buying Indian start-ups, has tweaked its India portal and with its new 800 seater office in Bengaluru, as it seeks to build on its India presence. India is currently the second biggest market…

The Real Reasons Behind Indian Startups Shutting Down

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.…

Is it stupid to end surge pricing by Ola and Uber in India?

The business models of major online taxi aggregators may be headed for a test in India.  On April 6, the southern Indian state of Karnataka announced a ban on surge pricing—the practice of raising fares when demand for taxis is…

Are we celebrating SoftBank and Nikesh Arora too 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…