Friday, April 19

News

Why Ecommerce Giants Like Kunal Bahl, Sachin Bansal Are Backing Entrepreneurs As “Super Angel”
23Sep By No Comments
News

Why Ecommerce Giants Like Kunal Bahl, Sachin Bansal Are Backing Entrepreneurs As “Super Angel”

Saras Agarwal's main agenda at a networking event early this year was to meet Zishaan Hayath, cofounder and chief executive of education technology startup Toppr. The associate vice-president at VenturEast, among India's oldest venture capital firms, wasn't looking to invest in Toppr but discuss startups Hayath had put his money into. "It was a general meet-up from the point of view of deal flow to understand what kind of startups (Hayath) is interested in," Agarwal said. Hayath represents a widening pool of so-called super angels — reputed startup founders who are increasingly becoming the first port of call for entrepreneurs seeking money for their emerging businesses, having been among the earliest to bet on consumer Internet companies such as Ola, Housing, TinyOwl, Grofers and Delhi...
Read More
Ola sets customer privacy, Introduced number masking
20Sep By No Comments
News

Ola sets customer privacy, Introduced number masking

Taxi aggregator Ola today said that it has introduced number masking on its platform which will enable mobile numbers of customers to remain undisclosed to drivers. Taxi aggregator Ola today said that it has introduced number masking on its platform which will enable mobile numbers of customers to remain undisclosed to drivers. Drivers calling from their Ola device will not be able to see the customer's mobile number but will automatically be routed through the encrypted number, the company said in a release. The number masking feature is active for driver-partners in all cities where Ola operates, it added. With this, calls made by the driver-partners can be traced by Ola from archived recordings at all times, Ola said. The company's driver-partners will not bear the cost...
Read More
E-commerce bubble will burst soon, says former Network18 MD Raghav Bahl
18Sep By Press Trust of IndiaNo Comments
News

E-commerce bubble will burst soon, says former Network18 MD Raghav Bahl

The e-commerce bubble is likely to burst sooner than later as businesses run on profits and not on ideas, former MD of Network18 Raghav Bahl said. “The bubble is going to burst. History has been witness to this time and again. For the past 100 years, these bubbles have been created from the Tulips, to the dotcoms and now e-commerce. Ultimately, businesses run on cash flows and profits and not on ideas that can be valued at astronomical figures”, he said at the India Retail Forum (IRF) in Mumbai. (more…)
Read More
Expected to Be Profitable in 3 Years – Kunal Bahl, Snapdeal CEO
18Sep By Press Trust of IndiaNo Comments
News

Expected to Be Profitable in 3 Years – Kunal Bahl, Snapdeal CEO

E-commerce major Snapdeal expects to be operationally profitable in the next three years and is investing heavily in building infrastructure to scale up its business. "More specifically in the next three-year period, at least in our business, I feel fairly confident that we will be at that point of profitability," Snapdeal CEO Kunal Bahl on Thursday said at an International Chambers of Commerce event. (more…)
Read More
Why these big Corporates like Reliance, Tata, Birla showing interest in startups now
17Sep By No Comments
News

Why these big Corporates like Reliance, Tata, Birla showing interest in startups now

One of Reliance Industries' offices in suburban Mumbai became unusually busy last week. The Reason: a second batch of 10 startups joined the country's largest private firm's four-month acceleration programme, run in partnership with Microsoft Ventures, to help them scale up operations through mentoring and infrastructure support in exchange of technology and ideas. A month ago, a similar initiative was launched by Aditya Birla Group, albeit at a smaller scale. Big Indian family business houses, some of which were still debating whether it's worth foraying into the digital space till about a year ago, are now busy chalking out and implementing strategies to join the digital economy and get leverage from the ongoing startup boom. If you look at the history of conglomerates in the last ...
Read More
Technogym Launches World’s First Google Glass Controlled Treadmill
16Sep By Press Trust of IndiaNo Comments
News

Technogym Launches World’s First Google Glass Controlled Treadmill

Wearable smart-computer represents the next stage in computing and Google Glass is the most hotly-anticipated gadget in that space. Now imagine your fitness equipment with this revolutionary technology Technogym, the leading producer of design and technology-driven fitness equipment, launches world’s first Google glass controlled treadmill 'Artis'. This avant-garde technology will create a rage in the fitness industry! The treadmill which has been exclusively designed by Technogym for the fitness connoisseurs of the future, allows the Glass wearer to control the speed of the treadmill using voice commands. They can also see running data on their headset and communicate with a personal trainer via a webcam. Thanks to the brand new UNITY technology, the first android-based console dis...
Read More
Mantra for Success of Small Business
12Sep By NitishNo Comments
News

Mantra for Success of Small Business

There seems to be an endemic mushrooming of new enterprises and entrepreneurs - ‘Startups’ – if you please. A lot of them may not survive the competition and go under. A few of them would live the dream and prosper. Can there be a code or formula that ensures success? (more…)
Read More
Ratan Tata will advise IDG Ventures India as a senior advisor
10Sep By No Comments
News

Ratan Tata will advise IDG Ventures India as a senior advisor

Ratan Tata has joined the advisory board of venture capital firm IDG Ventures India as a senior advisor, third such move by Tata Sons' chairman emeritus this year. IDG Ventures, which holds stakes in e-tailer Flipkart and online travel portal Yatra, has offices in Delhi and Bengaluru. Tata will be advising IDG Ventures India and portfolio entrepreneurs on its overall business strategy and growth, global expansion, team building and leadership. He will also be a special invitee, on selective basis, in portfolio company board meetings on strategic matters, said a statement. The venture capital firm, which completes ninth year of operations in India, has backed 50 companies from its funds committing over Rs 1,000 crore in the Indian early stage technology venture capital market. Other p...
Read More