WeWork finally Blinks to Postpone its Ill-fated IPO

WeWork on Monday finally gave into the market pressures as the company’s parent organization announced to delay its controversial IPO launch. The Co-working giants’ parent company The We Company said that it is withdrawing the S1 filing for its IPO launch. The company did not disclose any timeline about when it plans to re-fill for…

ByGirish ShettiOctober 1, 20190Comments

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IndiaLends CEO Gaurav Chopra is the new DLAI President

The Digital Lending Association of India (DLAI), an industry body representing over 85 technology-based NBFCs, has announced the appointment of Gaurav Chopra, CEO and Co-founder, IndiaLends as President of the association for 2019-20. DLAI – an industry body incorporated in 2016, helps Fintech companies address pain-points of the industry, engages with the government on regulations and…

ByGirish ShettiSeptember 30, 20190Comments

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Taiwan Excellence Gaming Cup 2019 Finale Concludes in Mumbai

The 6th edition of the Taiwan Excellence Gaming Cup’s (TEGC) grand finale received a stupendous response from participants and audience alike. Professional gamers from across the country converged in Mumbai to battle it out at India’s most prestigious eSports championship on 27th & 28th Sept. at Infiniti Mall, Malad (W), Mumbai. Organized by the Taiwan…

ByGirish ShettiSeptember 30, 20190Comments

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Omidyar backed Kaleidofin to Present business model on financial inclusion at UN

Kaleidofin Private Limited, a omidyar network funded neo bank start-up has been selected to showcase its innovation model that addresses SDGs through digital financing, at an event held in conjunction with the United Nations General Assembly. The event is scheduled for 27th September 2019 and will have an audience featuring global leaders, visionary speakers and…

ByGirish ShettiSeptember 27, 20190Comments

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Karnataka Govt Signs STRATEGIC Deal with NASSCOM to Foster ER&D

As part of its ongoing efforts to foster an ecosystem that enhances India’s Engineering and R&D(ER&D) market, the National Association of Software and Services Companies (NASSCOM) has signed a Statement of Intent and entered a strategic collaboration with the Department of IT & BT, Government of Karnataka (KITS). The partnership would entail both driving their efforts…

ByGirish ShettiSeptember 26, 20190Comments

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Diwali comes early for Zerodha Employees

Diwali is still one month away but Zerodha employees are already immersed in the festivity mood. This is because the online trading company has issued ESOP of worth more than Rs 200 crore to almost 850 of its employees. The decision has come barely few months after Zerodha became a public limited company. Previously, the company…

ByGirish ShettiSeptember 25, 20190Comments

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Losses Force Uber to Lay off 435 Workers from products & engineering teams

Uber has taken yet another important step in streamlining its business amid concerns over its growing losses. The San Francisco based ride-hailing giant on Tuesday handed pink slips to as many as 435 employees from its products and engineering teams. Image Source: Flickr Among the laid off employees, sources claim that almost 85% employees emanate from…

ByGirish ShettiSeptember 11, 20190Comments

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Drivezy strikes Commercial Agreement with OYO for Vehicle Sharing

Self-driving car and bike rental startup Drivezy has entered in a commercial agreement with hospitality chain major Oyo Hotels & Homes, which will allow the former to park its vehicles at Oyo properties across the country. Resultantly, this will help Oyo as well as Drivezy’s customers to easily access the vehicles. Drivezy will now get to…

ByGirish ShettiSeptember 9, 20190Comments

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Notebook launches English courses for WB Board

Notebook, a digital content portal that allows children and parents to learn topics from their respective school syllabi through engaging videos and notes, announced the launch of its courses for West Bengal Board of Secondary Education (WB State Board) today. While other edtech brands have focused on Maths and Science primarily, Notebook’s endeavour is the first…

ByGirish ShettiSeptember 6, 20190Comments

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Uber may Integrate UberEats into its Main Ride-hailing App: Report

Ride-hailing giant Uber has been left wondering to what to do about UberEats business in India, after the latter failed to seize sizable market share in India’s food delivery market. But now the parent company has apparently conjured a viable solution and the solution is to integrate UberEats into its main ride-hailing app. Image source: Flickr According…

ByGirish ShettiSeptember 6, 20190Comments

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