Paytm plans an aggressive expansion of its online travel business by branching out into rail, road, airline and tour bookings in order to drive more traffic to its portal that is largely payments driven. The company has partnered services marketplace Ezeego1 for hotels and flight bookings and is …
Twist Mobile promises to take you on a virtual darshan
Indore-based Twist Mobile, a mobile gaming startup backed by Matrix Partners India, has ventured into Virtual Reality (VR) in religious tourism space. The move approved by the investor will tap a huge untapped religious space for virtual reality, starting with Kumbh Mela at Ujjain. Kumbh mela tra…
Gujarat e-commerce entry tax will pose challenges | Nasscom
The bill by Gujarat government to levy entry tax on interstate e-commerce transactions will pose significant commercial challenges to all stakeholders, industry body Nasscom said on April 14. “This levy of entry tax poses significant challenges both commercially and operationally for the e…
Tech startups, e-commerce companies cut down on joining bonuses
With the funding frenzy cooling down and concerns of a valuation bubble rising, India’s tech startups and e-commerce companies are cutting back on plum joining bonuses. “Joining bonuses, used to lure quality talent fast, are being offered to about 10% of the staff now from 30%-40% a y…
93% Indians want to be entrepreneurs | Study
According to the Amway Global Entrepreneurship Report (AGER) 2015, India ranks highest among 44 countries worldwide in entrepreneurial spirit: 9 out of 10 Indians show strong desire to be an entrepreneur. “93.6% of Indians show desire to become an entrepreneur. This is way above the average score…
China SMEs plan to invest $1 billion across Indian states
Hoping to give a leg up to the Chinese investments in India, Small and Medium-sized Enterprises (SMEs) from China are planning to invest $1 billion across various states in sectors ranging from telecommunications to electrical equipment to appliance manufacturing and machinery as part of Presiden…
Bike taxis in Delhi see engines revved up during ‘Odd-Even’ days
At a time when residents of Delhi are hoping for a workable solution for the next phase of “odd-even” car rule from April 15, the newly introduced bike taxis may well provide a breather. After gaining popularity in Goa, Bengaluru, Mumbai and Gurgaon, bike taxis have made their debut i…
Naturals to take over Yuvraj Singh-funded startup Vyomo
Vyomo, an aggregator of beauty salon doorstep services funded by cricketer Yuvraj Singh, will become a part of Naturals with the nation’s largest salon chain investing Rs 100 crore for a controlling stake. This deal, the first where a brickand-mortar salon chain is collaborating with an app…
Truckers in for a royal treat from logistics startups like Lobb, Trukky and BlackBuck
Inter-city logistic startups like Lobb, Trukky and BlackBuck are providing fringe benefits to truckers for inclusive growth of the trucking ecosystem. Discounted foods, parking & bed facility at dhabas, fuel & service station facilities, truck financing support and other benefits are attr…
Start-ups milk the IPL cash cow again
Whether you like the Indian Premier League or don’t, there is no escaping the din and crackle surrounding the event this year. And that is exactly what start-ups, paying anywhere between Rs 5 and 5.75 lakh for a 10-second spot on television during the matches, are betting on. The rates, alm…