SoftBank and Tiger Global may become part of Govt’s Startup Advisory Panel: Report

Few weeks back it was reported that Indian government is seriously mooting the idea of setting up an advisory panel that will be dedicated towards fostering the growth of the Indian startup ecosystem. According to Economic Times (ET), the panel would include CEOs and co-founders of some of the most high profile Indian startups including…

ByGirish ShettiJanuary 30, 20200Comments

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Why UberEats Sell Off to Zomato is a smart move by Uber

This week marked an important event for ride-hailing giant Uber, after the San Francisco headquartered company finally managed to sell off its UberEats India business to one of the prominent local rivals. Rumors and speculations were rife since last year that the SoftBank backed ride-hailing company is engaged in an intense negotiation to offload its…

ByGirish ShettiJanuary 24, 20200Comments

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WishADish Ties up with Delhi based Skelter Café for Offering POS Software

Restaurant management startup WishADish has tied up with Helter Skelter Café – a newly launched café bar in SDA market, New Delhi. As part of this newly inked deal, WishADish will automate the entire process from offline POS Billing, POS Billing Dashboard, third party (App & Human) commissions and in-built CRM. It will also provide…

ByGirish ShettiJanuary 21, 20200Comments

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Will Piyush Goyal’s Controversial Statement on Amazon Upset Foreign Investors

Amazon’s founder and CEO Jeff Bezos is currently on a India tour and the world’s richest man made the start to his India tour with a bang, announcing a fresh $1 Bn investment in the country. Conventionally, this should have cheered up the Modi government, especially when the Indian economy is witnessing a slowdown. Image Source:…

ByGirish ShettiJanuary 17, 20200Comments

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Goldman Sachs Dumps Uber Stake After Disappointing IPO

Uber’s IPO turned out to be the biggest dud of 2019, with investors clearly giving thumbs down to one of the most anticipated IPOs last year. The market’s lukewarm response was result of Uber’s highly stressed balance sheet and inability to convince investors about its long term revenue model. Therefore it was highly expected that…

ByGirish ShettiJanuary 16, 20200Comments

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Oyo May Soon Fire Nearly 20% of its Indian Workforce: Report

The year 2020 might prove to be the year when Indian startups will have to wake up from their slumber and smell the coffee. And the ongoing economic slowdown may only further increase the vulnerability of Indian startups that are already under enormous pressure to streamline their balance sheet. The first cracks of this vulnerability…

ByGirish ShettiJanuary 14, 20200Comments

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To boost Startups, Indian Govt Planning Special Advisory Panel

The upcoming union budget may spell some good news for the Indian startup industry, with plans to setup advisory panel for fostering the growth of Indian startups is already on the cards. According to Economic Times, this advisory panel will include some of the biggest names from the Indian startup industry including Ola’s Bhavish Agarwal…

ByGirish ShettiJanuary 8, 20200Comments

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Baidu CEO’s India Visit Triggers Investment Talks

Influx of several Chinese companies including biggies like Alibaba and Tencent into the Indian economy over the years has now morphed into major debating topic amongst the Industry titans. With many claiming this to be an overarching power of globalization that can even blunt the political tensions simmering between two neighboring giants while others perceive…

ByGirish ShettiJanuary 6, 20200Comments

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Eyeing Profitability, Swiggy Increases Commission Rates

I for one always passionately believed that sanity will eventually prevail on cash burning Indian startups, as and when the consolidation drive will kick start. And therefore Techpluto wasn’t least surprised when it learnt that Swiggy has not only started charging more commission from restaurants but also increased its delivery fees (paid by its customers). …

ByGirish ShettiJanuary 3, 20200Comments

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OYO’s Success Story will now Echo in Harvard Class Rooms

It is no secret that today the stories of Oyo Rooms’ stellar success have become part of curriculum studies across several Indian business schools. But now the anecdotes of Oyo’s inspirational journey will also be taught at Harvard Business School, one of the world’s most prestigious business schools. Harvard has agreed to induct a case…

ByGirish ShettiJanuary 2, 20200Comments

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