Generico gets Rs 10 crore funds from Alteria Capital
Alteria Capital, founded in 2018 by Vinod Murali and Ajay Hattangdi, typically puts in between Rs 2 crore and Rs 100 crore in startups across sectors. In Generico, it is investing out of its maiden Rs 962 crore venture debt fund.
CAIT seeks probe into business models of 16 online platforms, e-commerce firms
In a letter to Commerce minister Piyush Goyal dated January 24...
Rivigo FY 2019 revenue up 42% at Rs 1,028 crore
Rivigo works on a relay trucking model that allows drivers to drive for a maximum of four-fiv...
Rivigo granted US patent for its driver relay system
"Our global first relay model being recognized by the USPTO is an endorsement of our pilot-first model predicated on innovation at a technological and human level," said Gazal Kalra, co-founder, Rivigo.
Warburg Pincus & SAIF Partners lead $65 million funding round in Rivigo
FULL TANK: Funds are rolling in as investors get on road in search of a big deal. Rivigo has $65m, while Samsung is spotting opportunities
OYO, Cure.Fit, TapChief take top spots on 2019 LinkedIn Top Startups List
This year, OYO Hotels and Homes has retained its top position on the list by expanding its services across 80 countries.
Startups cutting employee costs
Oyo, Ola, Paytm, Quikr, Zomato and Rivigo have handed out pink slips or are likely to.
Rivigo lays off 70-100 staffers, rolls back on-campus offers
Gazal Kalra, co-founder of Rivigo, attributes attrition to ‘performance and market dynamics’.
Vogo beefs up leadership team with key hires from Rivigo, Nestaway
In December, Vogo’s largest investor and ride hailing app Ola said it will finance 100,000 scooters for Vogo, worth $100 million signaling the company's interest the two-wheeler market.
Trucking ahead: Startups drive changes in industry
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.
Qasim Zaidi is Rivigo’s new tech head
Surface transport company Rivigo Services has appointed Qasim Zaidi, the chief technology officer at Indonesian ecommerce unicorn Tokopedia, as its new technology head.
Esop nets Rs 71 crore for 30 former Rivigo employees
The transactions saw a number of senior as well as middle management executives at the company vest their stock options in Rivigo Services.
A roadside chat set me on my way for Rivigo moment: Deepak Garg, CEO, Rivigo
Tipping Point is a once-a-week series that captures the defining moment of a prominent personality in India’s startup ecosystem, what the person learnt from it and how it shaped the course of the journey. Today we bring you insights from Rivigo’s CEO
Rivigo loses four top execs, company says churn is 'miniscule'
Insiders say there are unrealistic expectations and pressure on staff at Rivigo to achieve targets causing exits.
Rivigo to increase headcount by 50% to 3,200 in 6-8 months
The company has already inducted over 40 algorithm background engineers to maintain its edge over its rivals and is planning to hire more aggressively.
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