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Indian Web2.0 startups | Start-up news | Indian new start-ups | News views and reviews on Indian Start-ups |
PepperTap Shuts Operations in Mumbai & 5 Major Cities, Layoff 400 Employees; Is Hyperlocal…
Peppertap, the hot shot hyperlocal delivery app which promised to become a strong competitor to Grofers and Big Basket has finally lost patience. In a major move, they have decided to exit strong markets such as Mumbai, Kolkata, Chennai…
Zomato Gets Profitable in India & 5 Other Regions; Seeks Additional Funding
Food & Restaurant reviews are synonymous with Zomato in India and there are no competitors that offers so much coverage with such minimalistic user experience. Zomato got into food delivery last year which increased its monetization…
Pro-Startup Wave in India: More Reforms in Companies Act 2013; RBI To Allow Smooth Exit For Overseas…
Startup India, Standup India was just the beginning: Indian Government means business now. In order to encourage, nurture and promote entrepreneurship in India, Government and RBI both have announced sweeping changes in the rules.…
Myntra Financials: Revenue Jumps 78%, But Losses Surge by 4X
Myntra, which got acquired by Flipkart in May, 2014 has reported revenue figures of INR 773 crores against a loss of INR 740 crores for FY 14-15. Myntra is one of the leading fashion e-commerce portal in India and competes with the…
Ethics and Start-Up Culture: Complying with Corporate Governance
By Madarapu Nagaraju
With the booming start-up industry on everyone’s mind, it is interesting to understand how these organizations come to define their ethical standards. There is often an added advantage attached when one is the…
Indian Startup Aims To Create An Android Based OS Which Will Automatically Update On Users’…
There are around 2 billion smartphones which are in use right now; and out of this, 75% are powered by Android OS. Thus, globally, around 1.5 billion people are using the same operating system on different devices. As we can see here,…
Startup India Action Plan: 20 Key Highlights
On 16th January, one of it’s kind (probably in the world) Startup event was conducted by Government of India. Prime Minister himself graced the occasion and unveiled the Startup Action Plan 2016. The action plan contains several…
SBI Launches India’s First Startup Focused Bank Branch SBI InCube
India’s largest Bank, State Bank of India, today inaugurated India’s first startup focused Bank Branch in city of Bangalore. This specialized branch aims to understand and address banking needs of a Startup Business.
The first SBI…
Big Boost for Indian Startups – Draconian Tax On Seed Funding Will Be Abolished
It may seem sound ironical, but India is most probably the only country in the world where startups are taxed for receiving seed funding. As per various estimates, 90% of those startups which chose foreign angel investors for receiving…
Indian Govt Wants To Define Exactly ‘What Is A Startup’ Before Launching ‘Startup India Standup…
Ironical it may seem, but Indian Government is still in doubt over the term ‘Startup’.
In fact, in the last few years, especially after the massive explosion of Internet, Smart phones and Technology, there has been a surge in new…
Delhivery Financials: Revenue Grew 250% at INR 228 Crore, INR 71 Cr Loss [FY 14-15]
When they started in 2011, Delhivery wanted to solve the ‘Last Mile’ problem, one city at a time. 4 years down the line they are earning huge revenues out of it and are disrupting the logistics and supply chain industry.
Delhivery,…
Uber Launches uberEXCHANGE, A Startup Mentorship Program
Uber, the global leader in Taxi aggregation & booking space today announced launch of uberEXCHANGE, a program that will help Indian Startups get off the ground. The program aims at not only providing mentorship, but also introduce…
Housing.com Logs INR 279 Cr Loss with a Operational Revenue of Just INR 5.5 Cr [FY 14-15]
From rumours about acquisition to CEO’s spat with the Board of directors, sacking of its CEO followed by mass firings, Housing.com and its ex-CEO Rahul Yadav have consistently been in news, mostly for the wrong reasons, during the past…
5 Most Fundamental Elements Every Startup Needs to Succeed
Successful startups are like Rome. They aren’t built in a day. But Rome stands tall even today after centuries, holding through the tides of time.
A successful and sustainable startup isn’t a joyride and it doesn’t come without its…
Grofers Shuts Down Operations In 9 Cities; Says Tier II, III Cities Are Not Ready Yet!
Grofers, the upcoming, hot hyperlocal delivery platform which has expanded to 27 cities in the last 12 months have suddenly turned cold. In a major decision, they decided to exit 9 Indian cities.
This is surprising for the fact that…
IIM-A Emerges As The Top Investor For Accelerator Programs Within Asia; IoT Beats Ecommerce In…
Fundacity, which connects investors with startups have released one of its kind report for accelerator programs active in Asia and Oceania which includes Australia, New Zealand and smaller islands in Pacific Ocean. Several interesting facts…
Govt Plans Tax Reduction For Startups, VCs; Industry Excited With The Possibilities
The existing tax structure in India for startups and venture capitalists is complex, and hard. Instead of staying in India, several startups have already relocated to countries like Singapore and Hong Kong to benefit from their easy and…
Zomato Advertises on Porn Sites, Achieves 10X-20X Returns Compared to Traditional Advertising
Now this is something you would not expect from a leading Tech startup. But they did it – they took a little detour from traditional ways, and reaped rich dividends!
Zomato, India’s popular restaurant discovery, review and food…
Paytm Founder Vijay Shekhar Sharma Listens and Inspires On His Debut Reddit AMA: The Highlights
Vijay Shekhar Sharma, founder of India’s biggest mobile commerce portal Paytm debuted on Reddit India with his first AMA (Ask me Anything) session. Going by the 296 positive karma he received while answering Redditors questions, it is…
6 Stumbling Blocks That Every Startup Should Be Wary Of
Being an entrepreneur seems to have become a fad of late, given the rate at which they are growing! It begins with a lot of excitement and zeal and hope, but while optimism is a key ingredient necessary to start up, a pinch of…