Only 497 start-ups have been set up so far, which, even by the most conservative estimates, is set to be the lowest in the last three years by a huge margin
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Tag: PEPPERTAP
5 Cockroach ways for a start-up to light the beacon
Gone are the days of the highly valued and well-funded unicorn startups that leapt high but fell later. Having burnt their fingers with unicorns, investors are now shying away from them and turning their attention to cockroach startups that are slowly, but steadily focussed on building a robust b…
Askme Grocery foraying into gourmet foods to pep up sales
Online grocery delivery firm AskMe Grocery is foraying into high-margin gourmet foods category, a move aimed at arresting dipping average orders on its platform. The company expects gourmet foods to account for about 10 per cent of its targeted Rs 1,800 crore GMV (worth of merchandise to be sold …
Zopper looks to double GMV to $200 million this fiscal
Hyperlocal model may not have turned out to be viable for grocery players such as PepperTap, Localbanya, Ola Store and Flipkart’s Nearby, leading all of them to shut shop, but Neeraj Jain, Co-Founder of Zopper, hyperlocal for home appliances, expects to double its GMV (Gross Merchandise Value) to…
Askme Grocery expands hyper-local business
AskMe Group, a consumer focused internet firm focusing on hyper local businesses, is doubling the reach of its grocery delivery arm to more than 80 cities and aims at a five-fold growth in deliveries this financial year. Askme Grocery, which claims to be the largest online grocery player with pr…
PepperTap to focus on Logistics business
Hyperlocal delivery startup PepperTap is closing grocery delivery operations in the next one month. The startup will instead pivot and focus on building a logistics company to compete with startups including Delhivery, Flipkart’s ekart division and go Javas head on, multiple sources told ET…
ixigo launches app discovery platform for train travellers
ixigo, India’s leading travel search marketplace, has announced the launch of an innovative app discovery platform that lets brands reach out to train travellers contextually and helps them discover apps and deals relevant to them. Over 20 brands including Amazon, Flipkart, Paytm, Freecharge, Pep…
AskmeBazaar to launch marketplaces to deliver food and medicines
Online marketplace AskmeBazaar is launching AskmeFresh, a fresh food delivery marketplace and Askme-Meds, an online health marketplace, to take on established online players in the grocery and pharmacy space. Through these initiatives, which will go live in the next three months across 38 cities,…
B2C e-commerce players to focus on reducing ‘cash burn rate’
For consumer internet companies used to spending their way to market leadership or otherwise, conserving cash has now become a priority to extend their runways. In the new regime, startups are shunning previously popular buzz-phrases such as ‘growth over profit’ and ‘winner take…
Delivery startups explore additional income streams
With investors turning increasingly cautious, hyperlocal delivery start-ups are exploring additional revenue streams such as advertisements and promotions to try and mitigate the impact of losses incurred by their core offerings. Shadowfax Technologies Pvt. Ltd and Opinio (Moonshots Internet Pvt.…