Tag: Ola

How India’s top start-ups are expected to perform in 2017

2016 was a year of rationalisation for Indian startup sector as most big investors spent cautiously unlike in 2014 and 2015 when it saw a new high in terms of irrational investments. In 2016, companies in sectors such as food-tech and hyperlocal logistics who were sustaining operations on externa…

Level playing field for Indian & foreign start-ups: Karnataka IT Minister

Karnataka IT Minister Priyank Kharge said the government provides equal opportunity to all startups, and there is a level playing field for Indian and foreign startups alike. Commenting on the lack of a level playing field for Indian startups, Kharge said, “Nothing is preventing any Indian startu…

Start-up funding declines, but no let up in deals

India’s start-up ecosystem may have seen a fall in funding this year, but there’s been almost no let-up in the number of deals, highlighting that investor appetite is still strong. Start-ups have attracted roughly $4 billion in funds so far this year, down from a heady $7.55 billion in 2015, whic…

Tough time for Indian start-ups

As 2016 draws to a close, Flipkart, the country’s most valuable internet start-up, is courting the dividing line between success and failure. It once commanded an eye-popping $15 billion valuation, but repeated markdowns threaten to push it down. Marquee investors like Morgan Stanley and Vanguard…

Do Indian start-ups need protection from foreign competition?

I use an Ola cab almost everyday. It is reliable, reasonably cost effective and in the wake of the government’s recent demonetisation drive, a lifesaver because of an efficient e-wallet built into its mobile app. I also like the fact that this online cab hailing service is made available to me by…

Tygr roars to be the tiger of transport services

From instant pickup/delivery to hyperlocal discovery, Kolkata is moving fast. How? The city of joy is riding ‘Tygr’, an emerging transport platform, which has smartly connected needs of riders to easy-to-use app interface. Tygr is an app-based multi transport service provider started by two techi…

Hedge funds fleeing Indian start-up market

Hedge funds were all over the Indian startup scene last year. Look around now and it will be hard to spot one. They have simply fallen off the cliff in 2016. There have been only 10 deals involving hedge funds in the first three quarters of 2016, compared to 50 deals in the same period […]…