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Zomato buys logistics-tech firm Sparse Labs to help restaurants track orders

Monday, September 26, 2016 | More »

Online restaurant discovery and ordering platform Zomato Media Pvt. Ltd said on Monday it has acquired Gurgaon-based logistics technology startup Sparse Labs Pvt. Ltd. This is Zomato’s first acquisition in nearly a year and a half and the 10th overall, according to VCCEdge, the data research platf...


Top internet firms Flipkart, Ola, Zomato find it tough to win over legal eagles

India’s top internet companies such as Flipkart, Ola and Zomata, among others, are struggling to find and retain legal eagles who can safeguard their business interests in an environment that is increasingly becoming complex and challenging. Flipkart, the most valued Indian consumer internet c...

3 August, 2016 | More »


Naukri parent Info Edge backs Diro Labs, Unnati Helpers

Info Edge (India) Ltd has invested in contacts management venture Diro Labs and housekeeping services provider Unnati Helpers, as the parent of hiring portal Naukri.com spreads its bets on startups. The company said in a stock-exchange filing on Wednesday that it purchased an 11.5% stake in Diro Lab...

15 June, 2016 | More »


Tech startups: Time for a reality check?

Has the moment of reckoning arrived for Indian internet companies? As India’s e-commerce poster boy Flipkart suffered its fifth markdown this week, this was the question that was on everyone’s lips. Around $5.8 billion has been shaved off its mid-2015 value of $15.2 billion when it last ...

28 May, 2016 | More »


Have Indian startups lost their charm for Silicon Valley hires?

If last year saw top tech executives in Silicon Valley being wooed by startups here, this year saw many of them quitting these Indian internet companies. While some were disenchanted by the startup environment in India, many were inspired to become entrepreneurs themselves. Snapdeal’s chief pr...

28 May, 2016 | More »


Exclusive: Chef Sanjeev Kapoor-backed home food delivery startup ZuperMeal shuts shop

Home food delivery startup ZuperMeal has apparently closed down its operations eight months after it raised seed funding. The ZuperMeal app, when downloaded, is showing an error message. The website of the firm is also not working. Moreover, one of the three co-founders, Balasubramanian Anantha Nara...

27 May, 2016 | More »


Five takeaways from Zomato’s FY16 performance

Restaurant listings and discovery company Zomato Media Pvt Ltd has been able to reduce its operating cash burn to $1.7 million in May from a high of $9 million last year, but it’s still a long way from being in the black. In an investors call on Thursday, Zomato CEO and co-founder Deepinder Go...

27 May, 2016 | More »


Zomato losses soar in FY16, drag parent Info Edge into the red

Restaurant listings and discovery company Zomato Media Pvt Ltd plunged deeper into the red in the financial year through March 2016 and even pushed parent Info Edge (India) Ltd into losses. Pre-tax loss at Zomato widened almost four-fold to Rs 492.27 crore in 2015-16 from Rs 136 crore the year befor...

25 May, 2016 | More »


Are Silicon Valley hires finding India too hot to handle?

Last year, bringing home top talent was the recurrent theme in the Indian startup community. Startups were the toast of the town, and flush with investor money, were convincing Indian talent to leave their jobs at top tech companies in Silicon Valley and return home. But the honeymoon seems to have ...

25 May, 2016 | More »

Anand Chandrasekaran

Looking for a better deal

The latest Silicon Valley hire to give up on Indian startups, Anand Chandrasekaran had joined Snapdeal as chief product officer in June 2015. Chandrasekaran had returned to India in 2014 to join Bharti Airtel as chief product officer after spending three years at Yahoo in California. A year later he...

25 May, 2016 | More »

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