Government wants ecommerce companies to make kiranas part of their growth story
This comes against the backdrop of groups such as CAIT and AIMRA complaining to the govt about online deep discounting and alleging that ecommerce marketplaces violated FDI norms during the festive season. The govt wants to address the concerns of small retailers over online discounting and see how both sides can work together to their mutual benefit.
ET Startup Awards 2019: BookMyShow CEO impressed with Tricog's goals; Swiggy boss reveals a behind-the-scenes secret
Ashish Hemrajani felt th...
#SacredBiscuit row: Parle-G tweets about witty 'Sacred Games 2' scene; Netflix, Swiggy join meme fest
The banter between the three brands soo...
Swiggy partners with Wipro’s Glucovita to keep fleet energized this summer
Swiggy will provide Glucovita Bolts, an instant energy candy made by Wipro Ltd, to their fleet of 1.95 lakh delivery partners across 200 cities.
Sauces beat slump using price cuts
Top cos are reporting double-digit growth figures of 15-20%, with sales taking off during this festive season.
Take three: Flipkart’s $100+ million online grocery bet in India
In its third big shot at online food and grocery, Flipkart pieces together the legs of its strategy through two big investments in seven days — Shadowfax and Ninjacart.
Amit Shah to give keynote address at ET Awards 2019
Shah continues to be BJP’s chief electoral strategist despite his heavy ministerial remit. And, refreshingly for audiences who often hear circumlocutory politicians, he is famous for plain speaking. Therefore, his keynote speech at a time the economy and the govt’s policy response are on everyone’s mind, cannot be anything other than highly anticipated.
Swiggy, Zomato in race to raise over $1 billion in all
While Swiggy is in talks to raise $500-600 million led by existing backer Naspers along with participation of new investors like Google, Zomato is also in talks to raise $600-700 million.
New-age internet companies are going big on soft-skill training
Clientele from these businesses are growing for soft-skill trainers. These sectors are still nascent, but demand is rising. These firms have witnessed an overall growth close to 30% in 6 months and 75-80% monthly. A majority of this hiring is in Bengaluru, Mumbai and Delhi. These trainings cater to blue-collared, grey-collared and white-collared workforce.
Faculty of Management Studies secures 100% summer internship placements
There was a record 42% increase in the e-commerce/IT/Operation roles compared to last year with 47 accepted offers from recruiters such as Amazon, Adobe, Flipkart, Google, Media.Net, Microsoft, Ola, Swiggy and Uber.
Flipkart leads $60 million round in logistics startup Shadowfax
The companies did not disclose the transaction value, but sources briefed on the matter told ET that the investment valued Shadowfax at about $200-$250 million, and is also likely to see other new investors join in.
Tencent buys 10% of Policybazaar, enters India insurance market
Tencent, known for its dominant WeChat messenger, has been an aggressive investor in Indian startups.
Uber Eats focuses on aggressive expansion in India
The company said it has added thousands of restaurant partners across the 44 cities it operates in here. "We are aggressively looking at expanding our presence in the country,” Uber Eats Head of Operations India and South Asia Bansi Kotecha told.
Will it be business as usual for banks with Ola and Swiggy entering the space?
In many ways, cab aggregators have more hold on a customer than a bank, because a consumer is more likely to use the cab service and that has high recall value.
Pesto: The startup that has found a way to boost skills & incomes of techies
There's a new and rapidly growing trend in upskilling — income sharing agreement (ISA). These are training and skilling programmes that take a fee from you only when you get a job, usually with a guaranteed income threshold. Pesto is a startup that is pioneering the concept in India. It conducts a three-month boot camp in Delhi for software engineers.
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