- Pesto’s Young Co-founders Have Taken The Onus Of Bringing Indian Developers’ Pay On Par With Their US Peers The IT boom might have been over long ago, but the IT dream lives on in India. It’s almost every engineering graduate’s dream — and India produces 1.5 Mn of them every year — to work for one of the large US-based IT or consulting companies that have their operations in India (the chance to be […]
- Reliance Jio Prepping Up For An AI Team Under Scion Akash Ambani Tech is catching up like fire amongst Indian businesses. While businesses are looking to be futuristic, major business like the Reliance is being bitten by the tech bug. Reliance Jio Infocomm Ltd has started hiring a team of professionals under Akash Ambani who will be devoting themselves to developing Artificial Intelligence (AI) and its multiple […]
- Startup Events To Attend This Week: FinTechX, Tech Automation Conference, And More Here is Inc42’s latest edition of startup events coming up this week. This week, the Indian IT community seems to have had to eat some humble pie with Tech Mahindra CEO CP Gurnani saying that 94% of IT grads are not fit for hiring. The CEO was hinting at the huge skill gap in the industry […]
- From AirBnB Going Public To The Winners Of GDPR: News From The Tech & Startup World [May 28 -June 3] As the physical and geographical barriers in the startup world slowly break down, startups across the world are focussing on localising their solutions and local startups are trying to find a global appeal for their solutions. As India’s ambitions grow to open its gates to the world, inviting opportunities of economic growth, it is picking […]
- Cloudtail Accused Of ‘Preferential’ Tag, Sellers May Move To CCI Against Amazon Cloudtail India, one of the largest sellers of Amazon India, seems to have an enviable annual financial number. This has not gone down well with the other online sellers as many of them have accused the online marketplace of providing a preferential treatment to a few select sellers, reports ET. Cloudtail has been one of […]
- DIPP Forwards SJM Complaints Against Flipkart-Walmart Deal To Govt Agencies The ruckus around the acquisition of a 77% stake in Flipkart by Walmart hardly seems to be over. The Department of Industrial Policy and Promotion (DIPP) has now forwarded to various government agencies complaints made by RSS-affiliated Swadeshi Jagran Manch (SJM) over the deal. The list of agencies includes the Reserve Bank of India, the Enforcement Directorate, […]
- Singapore Startups To Enter India And Co-innovate With Indian Startups Under ESG-TiE MoU India’s startup ecosystem is not only one of the largest in the world today, but it is also taking position of leadership in the world. Ahead of the three-day visit to Singapore Prime Minister Narendra Modi, Enterprise Singapore (ESG) and The Indus Entrepreneurs (TiE) Singapore have signed an MoU to support startup ecosystems in both […]
- CredRight Raises $1.3 Mn Pre-Series A Funding From YourNest And Accion Accion Venture Lab and YourNest along with a few other prominent angels have jointly invested $1.3 Mn (INR 9 Cr) in the Hyderabad-based fintech startup CredRight. Founded in 2016, CredRight is a data-driven lending platform that provides credit to unserved and underserved micro, small and medium enterprises (MSMEs). It partners with chit funds – which are similar […]
- Amazon India Chief Amit Agarwal Claims Amazon Is Bigger Than Flipkart In contrast to the numbers disclosed by Walmart earlier this month, Amit Agarwal, country head of Amazon India, has claimed that the global ecommerce giant is ahead of Flipkart both in gross merchandise value (GMV) and net sales. Without sharing any specific numbers for Amazon India, Agarwal said, “It validates what we have been talking […]
- Amazon Brings Prime Now To Focus On Faster Deliveries With 10K Products In yet another development around the Amazon and Flipkart-Walmart quagmire, Amazon India has announced an expansion in the selection and the introduction of ultra-fast deliveries on Amazon Now app, rebranding it to Prime Now. Prime Now will provide exclusive Express two-hour delivery to Prime members anytime between 6 AM and midnight (order as late as […]
- Will P2P Platform CarryMates Be The Airbnb Of The Courier And Logistics Industry? Every startup entrepreneur has a eureka moment — the moment in which they are driven by the deep desire to do something and also realise the ‘something’ that they want to do. CarryMates cofounder Youmit Singh also had his eureka moment that set off the desire to build a community of human couriers delivering each […]
- Ola Forms Group Company For Ola Cabs, foodpanda, And Other Nascent Businesses Domestic ride-hailing company Ola, which is owned by ANI Technologies Pvt Ltd, is setting up a group holding company that will own Ola Cabs, Foodpanda, and its other businesses that are still in the nascent stage, such as its electric cabs and international operations. In a report by Livemint, four people familiar with the development were […]
