E-commerce giant Amazon.com is taking lessons learnt from its daily battles with India’s choked roads and cramped cities to some of its largest developed markets, exporting a model of cheaper deliveries and reduced warehousing costs. Online shopping is booming in India, where millions of consumers are newly able to access the Internet thanks to cheap […]
India’s leading taxi aggregator Ola is looking at a three-fold rise in the number of daily bookings through its platform to three million by April next year. Ola sees over one million daily booking requests at current scale and has served over 150 million cumulative bookings on its platform till date, it said in a […]
New Delhi: Realty portal Housing.com has appointed Mani Rangarajan as chief financial officer (CFO) to strengthen its senior management team. Mr Rangarajan has held executive level roles in companies such as Citigroup and Yahoo. He has also been involved with several start-ups in India in advisory roles, SoftBank-backed portal Housing.com said.
Written by Prashin Chaturvedi, Business Transformation Leader – India’s Prime Minister Mr. Modi visited the Silicon Valley last month, and on the itinerary were the obvious inclusions – Apple, Google, Facebook, Microsoft. Also on the list was a curious entry – Tesla. Why Tesla? Modi surely did not make the high-profile visit to get an early […]
What we will say, Is this Narendra modi effect or what but China’s one of the largest search engine Baidu and one of the country’s biggest private conglomerates Fosun are scouting to invest in Indian startups, joining compatriots from the Middle Kingdom eager to profit from the opportunities in the world’s fastest-growing major economy. Investment […]
Taxi hailing app Ola said its wallet, which was earlier only used for paying for taxi rides can now be used on other platforms including budget hotel rooms aggregator Oyo Rooms, online spectacle retailer Lenskart, and music streaming service Saavan. The company expects to add more players from other retail categories. “We will be leveraging […]
Zo Rooms has raised a total of $30 million (Rs 192 crore) from their existing investors Tiger global and Orios Venture Partners, this move comes after a month of raising $5 million from Tiger and Orios.
Ola cabs, led by Bhavesh Agarwal, which acquired TaxiForSure five months ago has come with a move to shut TaxiForSure as an independent brand in as many as 22 cities.
Indian popular instant messaging app “Hike Messenger” (owned by Bharti SoftBank) has decided to launch a new web version which will let you seamlessly sync your messages on the desktop browser. “The news was made official by the CEO of Hike, Kavin Bharti Mittal on his Twitter page, along with a screenshot which reveals how […]