Flipkart makes Management Reshuffle Ahead of the Festive Season: Report

In a big reshuffle at the top management level, Flipkart has decided to promote its 5 high performing executives to the top post of vice presidents, according to Economic Times, which claims to have the access to internal mail sent by the Flipkart CEO Kalyan Krishnamurthy. Flipkart picks 5 VPs ahead of The Big Billion Days Flipkart…

ByGirish ShettiSeptember 5, 20190Comments

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GoMechanic inks Partnership with Revolt Motors, India’s first AI-enabled electric Motorcycle Maker

GoMechanic, India’s largest network of technology-enabled car service centres, today announced a services & maintenance partnership with Revolt Motors - makers of India's first AI-enabled electric motorcycle. The partnership is part of the “Electric Future” ethos for which GoMechanic will be making major infrastructure renovation at its workshops to accommodate dedicated EV servicing bays. In the…

ByGirish ShettiSeptember 4, 20190Comments

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To cut Operational Cost, Zomato Fires Nearly 100 Employees

Foodtech major Zomato has fired nearly 70-100 employees from its customer support team in Gurgaon in its latest cost-cutting drive. The Gurgaon headquartered startup has confirmed the development. However, the company claims that downsizing of the support team is not due to financial non-performance but correction carried out owing to improvement in overall service quality. Zomato…

ByGirish ShettiAugust 8, 20190Comments

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Aptronix Opens Doors To India’s First Flagship Apple Premium Reseller Store In Mumbai

Redefining branding in the technology space across India, Aptronix is a brand synonymous with user experiences with a vast array of products that speak for itself. Elaborating on this very proposition of providing a lifestyle with all their products, Aptronix, which is Apple’s largest Apple Premium Reseller (APR) partner across India, is set to launch…

ByGirish ShettiAugust 5, 20190Comments

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SC asks Center to Regulate Ola & Uber for Women Safety

If Supreme Court has its way then ride hailing majors like Uber and Ola will soon have to abide by new rules and regulations to ensure the safety of women passengers. The country’s top court on Wednesday ordered the Indian government to consider framing law to regulate cab hailing companies for providing adequate security to…

ByGirish ShettiJuly 31, 20190Comments

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Byju’s all set to Become New Sponsor of Indian Cricket Team

The unicorn edutech startup Byju's is all set to become the new sponsor of Indian cricket team, according to Times of India (TOI) report. The Bengaluru based company will be replacing Chinese mobile maker Oppo as the new sponsor once the Indian team concludes the upcoming West Indies tour. This means come September Indians will…

ByGirish ShettiJuly 25, 20190Comments

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TikTok Finally Agrees to Build Data Center in India

In the wake of relentless public pressure over privacy issues, TikTok’s parent company Bytedance has finally agreed to build a local data center in India. Bytedance, which is the world’s most valuable startup, will invest nearly $100 Mn and take anywhere between 6-18 months to achieve this goal. public pressure over privacy issues & security concerns,…

ByGirish ShettiJuly 22, 20190Comments

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Ritesh Agarwal Planning Share Buyback to Counter SoftBank’s Boardroom Influence

Ritesh Agarwal, founder & CEO of Oyo Hotels & Home, is staging a comeback plan that is likely to overhaul the ownership pattern in the Gurugram based startup. The 26 year old founder is planning to start a share buyback process in order to consolidate his ownership in the company, according to media reports. Oyo's founder…

ByGirish ShettiJuly 8, 20190Comments

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Top 5 Updates for Startups from Union Budget 2019

India’s Union Finance Minister Nirmala Sitharaman is currently presenting Budget 2019 in the Lok Sabha. Like all industries, India’s burgeoning startup community is all glued up to the budget presentation with hope of some good news. And the good news has already started trickling in as Sitharaman has given reprieve on the contagious issue of…

ByGirish ShettiJuly 5, 20190Comments

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Is Swiggy & Zomato’s Love Affair with Deep Discounting Coming to End

After e-commerce players, online food aggregators are now likely to face heat for their alleged practice of deep discounting and predatory pricing. According to reports, Department for Promotion of Industry and Internal Trade (DPIIT) has summoned Swiggy, Zomato, Foodpanda and Uber Eats for a meeting to resolve the contagious issue of deep discounting. The meeting…

ByGirish ShettiJuly 4, 20190Comments

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