Archives
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NEWS March 16, 2016 The correction underway at India’s start-ups space
By: sristy SahaMorgan Stanley’s filing comes nearly two months after Flipkart appointed co-founder Binny Bansal (right) as its new chief executive officer, replacing Sachin Bansal, who became executive chairman. Photo: Hemant Mishra/Mint On 29 July 2014, when Flipkart, India’s largest e-commerce marketplace, said it had raised $1 billion in funding, the world sat up and took notice. […]
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NEWS March 11, 2016 The changing realities in India’s start-up market
By: sristy SahaWhen frontline start-ups, such as CommonFloor, struggle to raise capital or are pushed back on valuations, the ripple effect on others in the ecosystem can only be painful. After months of repeated and somewhat indignant denials, Bengaluru-based property search platform Commonfloor.com has finally said that it is being acquired by Quikr India Pvt. Ltd. A […]
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NEWS March 11, 2016 India’s Mobile Phone Production Rises to 110 Million in 2015-16: Prasad
By: sristy SahaMobile phone production in the country has more than doubled to 110 million in 2015-16 on the back of duty rationalisation announced in the previous Budget, Telecom Minister Ravi Shankar Prasad said Tuesday. The minister said 16 new mobile manufacturing units have been set up during the financial year. “In 2014-15, the mobile units manufactured […]
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NEWS March 9, 2016 Flipkart’s mark-down augurs lean times for India’s tech start-ups
By: sristy SahaPhoto: Hemant Mishra/Mint Bangalore: Cash-hungry Indian star-tups like Flipkart Pvt. are discovering the fundraising party’s winding down. The domestic e-commerce leader became one of the most prominent Asian start-ups to have its valuation slashed by a high-profile investor. Sending ripples through the industry, a Morgan Stanley fund marked down its value by more than a […]
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NEWS March 9, 2016 Samsung Mobiles Named India’s Most Trusted Brand: TRA
By: sristy SahaLeading Korean smartphone maker Samsung Mobiles is India’s most trusted brand followed by Sony and LG, according to survey launched in Kolkata on Thursday. As per the ‘Brand Trust Report India Study 2016’ issued annually by the TRA, the top five most trusted brands are Samsung Mobiles, Sony, LG, Nokia and Tata. Automobile major Honda […]
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ALL DEALS March 1, 2016 Amazon’s Jeff Bezos has the best hand in India’s e-commerce game
By: sristy SahaA file photo of Jeff Bezos. Bezos is piling up his chips while counting aloud, so his opponents can watch and hear clearly. Photo: AFP There are four rounds of betting in poker—pocket, flop, turn and river. In my bookThe Golden Tap— The inside story of hyper-funded Indian startups, I write about the Indian e-commerce […]
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ALL DEALS February 23, 2016 India’s Gadget Rental Companies Want You to Try Before You Buy
By: sristy SahaWith a number of new types of gadgets available these days, it’s more expensive than ever to own the latest products. These days though, you don’t have to commit Rs. 50,000 on a phone to find out whether you’re going to be happy with it. There are companies that want you to enjoy the latest […]
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