Search result for: “zomato”

Hitting back at HSBC analysts for marking down its valuation by half at $500 million, online restaurant guide and food ordering firm Zomato on Monday said the investors have backed the current valuation. In a mail to the company’s 2,100

Zomato Media Pvt Ltd has now been valued at $500 million by HSBC Securities & Capital Markets (India) Pvt Ltd, about half the valuation at which the restaurant search firm raised its last round of funding in September. HSBC has

Emphasising that the role of the government is mainly to act as a catalyst and provide a conducive enabling environment, online restaurant guide and food ordering firm Zomato today said it is for companies to do the hard work to

Zomato CEO Deepinder Goyal in a blog said that the marketing campaign crossed the fine line between marketing irreverence and cultural insensitivity. He apologised to users who may have been offended by the company’s advertising stunt. “Some folks got offended

Zomato has taken online advertising to another level. And while it may seem erotic, the treat at the end of the click promises to be a lip smacking delight. Yes, the food search-and-delivery giant has begun advertising on porn sites

The city is witnessing the heaviest downpour in over 100 years. For the first time since 1878, the newspaper The Hindu did not put out a print edition on Wednesday as workers could not access the press.  The Army has been deployed

Zomato has been blacklisted and barred from the Indian Institutes of Technology (IIT) placements this year. A decision to this effect was taken recently by the All-IITs Placement Committee (AIPC), multiple sources at top engineering colleges privy to the decision

“Running a startup in today’s competitive world must be difficult, how do you manage?” If I had a nickel for everytime someone has said something like this to me, I would be swimming in coins, Uncle Scrooge style. It’s an

Currently, around 50 percent of the total Indian workforce is millennials. Typical co-working spaces have a high concentration of start-ups, which barring a few exceptions are all-millennial enterprises. Co-working spaces support the flexible lifestyle of millennials offering cost-effective and flexible

Gone are the days when the Indian startups confined themselves to India, toiling their time and resources in replicating the Silicon Valley startup culture. It’s not merely about the imitation anymore. Instead, it’s about venturing into the Silicon Valley and

Noida based startup SquadRun Inc has raised $2.1 million in a fresh round of funding led by early-stage investor Blume Ventures, as per reported by Mint reports on Wednesday. SquadRun was started in June 2014 by Apurv Agrawal, Kanika Jain

Indian Institute of Technologies Stand 4th in the Global list for Producing Unicorn Founders a report by Sage, a U.K-based accounting software firm said this week. IIT Stands at 4th position with 12 Founders. According to the report, 12 out of

As India accelerates in entrepreneurship today, there are plenty of startups rising in the country including a number of promising and innovative ones. In fact, India is the fastest growing and the third largest startup eco-system in the world. This

Oyo launches “Oyo for Business”, a self-serve platform for business travellers on its mobile app and website. It offers rooms to cater to the needs of corporate travellers. Amenities include air-conditioned rooms equipped with flat-screen television, free Wi-Fi, complimentary breakfast and 24×7

QUESTION: Do you believe that #Startup Bubble is going to burst?#Survey#Poll#blogger — Khalid Raza (@khalidraza9) May 26, 2016 It was my friend’s cute chubby daughter’s birthday party, almost one year ago and our group of friends, after dinner, were discussing

I think it is well documented now that the Great Indian Start-up journey is going through a bumpy ride at the moment. Is it the end of the ‘Gold Rush’? A lot of people have been talking about the doomsday

Social networking giant Facebook has launched its ambitious service ‘Facebook At Work’ in India. The company is highly promoting ‘Facebook At Work’ among Indian enterprises and has announced to soon start testing the app with more companies in the country.

IT’s a question in mind of many young entrepreneurs that what went wrong with Indian Unicorns that their valuation is going down? Recently Zomato has now been valued at $500 million by HSBC Securities & Capital Markets (India) Pvt Ltd, about half

MobiKwik, India’s one of largest independent mobile payments company has raised about $50 million funds led by Japan’s GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek. The investment is being made jointly with major US venture capital firm Sequoia

Gurgaon-based startup Fashion-focused social network, Roposo.Com has raised USD 5 million (about Rs 33.2 crore) funding from Bertelsmann India Investments (BII). With this, Roposo has closed the series B funding, raising a total of USD 15 million in this round.

Unicorns are venture-backed private companies valued at $1 billion or more. India has its own billion-dollar startup club; the Indian Unicorn club which have now 9 startups. [easy-tweet tweet=”VC Backed Indian Companies which are valued over $1Billion” user=”@bizztor_” hashtags=”#startups”] Companies which are valued

Realty portal Housing has signed a strategic alliance with cab hailing app Uber* to allow home buyers to book cabs for site visits. The feature is available on Housing.com’s Android and iOS app in cities where both the companies are