The Delhi Government has rejected ride hailing company, Uber’s application for registration under the updated Radio Taxi Scheme 2006. Applications of Uber’s rival companies, Ola and TaxiForSure were also rejected by the Delhi Government’s transport department. The news came right after the news of another case of woman molestation by an Uber driver in Delhi. Cab aggregators rejection came due to their failure in complying with a Home Ministry-imposed ban on their services last year. Now the traffic cops have downloaded the apps of these companies and are booking rides so as to catch the faulty drivers.
Snapdeal hits a sales run rate of $3.5Bn in May 2015
Online marketplace Snapdeal has marked a sales run rate of $3.5Bn this month, also known as gross merchandise value (GMV), bringing the company closer to the scale of Flipkart, India’s largest e-tailer. A Snapdeal spokesperson told TOI that sales done by merchants on its platform have rose four times in the current month as compared to the same period last year, propelling the e-tailer’s numbers.
Paytm GMV Hits $1.5 Bn, 10k Merchants Received Orders + 10 Mn Products Listed
Delhi-based mobile commerce startup Paytm has been witnessing a lot of attention from sometime now. The company, today said that it has clocked a whooping $1.5 Bn GMV run rate by targeting its 80 Mn wallet users. As per the company, over 10k merchants had received orders via Paytm. Further, Paytm is targeting to reach GMV of $3-4 Bn by the end of March next year.Paytm currently has over 10 Mn products and 40k merchants listed on its online marketplace. The company claims to add about 2-3 Mn products every month.
Uber Hires Amit Jain as its India president
Uber has hired Amit Jain, a B.Tech in Computer Science and Engineering from IIT Delhi and MBA from Stranford University. He will be running all business strategy, operations, and growth in a market of global strategic importance for Uber. Prior to joining Uber, Amit was President of Rent.com, a technology company in the US dedicated to giving renters a free and convenient way to find the perfect place to live.
Government Launches A Portal To Help Find Missing Children, KhoyaPaaya
Each year, over 70,000 children go missing in India and to fight these numbers, government has launched a portal dedicated to filing reports about missing/found children. KhoyaPaya, is an initiative of Indian Government to use technology to bring down the number of missing children. It is a perfect example of Modi’s Digital India scheme, the primary function of the portal is to allow citizens to report cases of missing/found children, while also providing users with details of cases being registered. It will also enable parents to upload images of their missing children which can be viewed in real time by watchers, to help reduce the time devoted in solving a case.
IndiaProperty bets big on Mobile – Launches new mobile first Property search paradigm ‘Discover’
The world is going mobile and so is Property search. IndiaProperty today has taken property search a significant step by unveiling a revolutionary mobile-first Property search experience – ‘Discover’. A property seeker has a multitude of questions in their mind and not many clear answers. Discover makes this process of finding the answers and making a choice easy by automatically bringing the answers directly to the user. The advantage Discover brings to a user is easy access to relevant information which is readily accessible in the Discover feed and over time making traditional search less important.