ByteDance, the world’s most valuable startup, is banking on its global product approach and user-generated content to win over the Indian market and take the battle right to Facebook.
Swiggy is set to launch its new subscription app and Zomato is offering cashbacks to its customers. Both the online food delivery platforms are going all out to become market leaders after Ola's Foodpanda and UberEats have rolled back investments in their food business. (Pic: Facebook/Zomato)
Subtle but important changes are reshaping startup financing, as the action returns to a critical sector.
Welcome to the world of fake meat and eggs, while it has caught the imagination of the world with startups like Beyond Meat, Impossible Food and Just Inc becoming popular in the US, in India, a handful of startups are dishing out everything from mock meat tikkas to burgers for vegans and carnivores looking to switch to alternatives that are pitched as good for the body and the planet. (Photo: Facebook/Beyond Meat)
The world's first all-electric vertical takeoff and landing passenger jet has been unveiled after completing its first flight. German startup Lilium aims to have a fleet of the five-seat aircraft flying in cities worldwide by 2025.
Robotic tractors, mining equipment and specialised non-road vehicles are expected to debut in India far sooner than self-driving cars.
The We Company, parent of flexible workspace operator WeWork, said its losses narrowed slightly in the first quarter from a year earlier to $264 million. This is even after revenue doubled annually and its customer base surged.
The ride-hailing firm went public last week at $45 a share and has since dropped to around $41.
To be deemed a proper venture capitalist, Masa Son needs successful IPOs to prove that his most valuable asset isn’t a fluke.
After the biggest initial public offering of the year, Uber ended its first day of trading on Friday below its expectation. The deflated debut cast a pall over 2019’s prospects as the hottest year for tech listings this decade -and potentially on the future of the ride-hailing industry.
"Currently, we are handling 150,000 phones per month. Last year in May, this number was at 50,000 and in the next 12 months we plan to double it," said Manocha.
The startups, backed by large private equity firms, are improving the working conditions of truckers, who put in long hours behind the wheel with little respite.
Cleopatra used to bathe in it to preserve her legendary beauty, and now more than 2000 years later donkey milk is back in fashion not just as a beauty product but as a super food as well, already fetching Rs 700 for 100 ml. Select entrepreneurs across the country, from Kochi to Pune to Delhi-NCR, have woken up to the ancient wisdom of donkey milk’s nutraceutical & therapeutic properties that include anti-ageing and antioxidant qualities to roll out personal care products such as fairness creams, soaps and shampoos besides liquid donkey milk.“There is so much interest and demand, now that consumers are going back to the traditional methods of what their ancestors did to cure them of diseases,” said Aby Baby, founder of Dolphin IBA that sells premium beauty products made of donkey milk. “Donkey milk has superior qualities. It is very good for infants, especially those with gastric problems, and for people suffering with skin allergies.”
Donkey’s milk is similar to a human mother’s milk, and rich in vitamins and essential fatty acids.
He is an industrialist, philanthropist, former chairman of Tata Sons who now serves as its Chairman Emeritus and a serial investor. On Monday Tata invested in ride sharing company Ola Electric as a part of its Series A round. Here's a list of startups he has invested in so far.
As the ride-hailing giant like Uber, prepares to sell as much as $10 billion in stock to the public this week to help build those vehicles, a low-tech approach to the self-driving future is emerging in India: motorbikes that customers rent and drive themselves. Several startups are betting that shared two-wheelers are better suited to wallets and transportation needs than the cars that are the heart of the ride-hailing industry.
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