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Zomato Slashes Down Cash Burn By Half Ahead of Amazon’s Entry In Foodtech

#13 Nov: What All Happened In The Indian Startup Ecosystem Today

➤ Increase in number of orders and improved efficiency has helped Zomato cut down its cash burn.

➤ Amazon is reaching out to small etailers and manufacturers

➤ Digital flaw found in bike-sharing startup Bounce leaves 2 Mn users’ data at risk

➤ Paytm under scanner after user loses 5K from his wallet

➤ Edtech startup Lido learning raises $3 mn for expansion

➤ Is BigBasket looking to buy micro-delivery startup DailyNinja?

➤ Amazon says goodbye to fake products with Project Zero

➤ Amazon India plots private label expansion with accelerator programme

Edtech startup Sunstone raises $1.5 Mn seed funding led by Prime Venture Partners

To read more updates on the Indian startup ecosystem, click here.

Author

Harshil Khatter

Inc42 Staff