It seems like cashbacks won’t be the flavour of 2019 after all. Paytm’s e-commerce play Paytm Mall powered massively by cashbacks so far, is very close to scaling down its B2C consumer business.
After a series of internal brainstorming...
Indian e-commerce companies have been notorious for burning a lot of capital without caring about unit economics. In fact, very few firms master the art of making money off the Internet. Infibeam had turned out to be an exception...
Competition in nascent microdelivery space is going to be intense as hyper-funded BigBasket has officially announced its entry through the acquisition of RainCan and MorningCart. The e-grocer has integrated RainCan with a separate app bbdaily in Pune and soon...
This year has been turned out to be exciting for large startups in India. Right from Swiggy, Zomato, Paytm Mall to Policybazaar, Oyo, Byju’s, Cure.Fit and several others had closed mega financing rounds. Large financing round also catapulted Swiggy,...
Oyo has proved that it’s an outlier and its backers SoftBank, Sequoia Capital, Lightspeed and others truly believe in the global ambition of the five years old company. This could be testified from its ability to raise a billion...
Facebook has been under the fire in India for reasons ranging from Cambridge Analytica, the WhatsApp platform being used for fake news dissemination, to lack of compliance for its UPI-powered payment service - WhatsApp Pay. The wrath of regulators...
During a time when Indian public sector banks are making lending process a tough task for customers, online peer-to-peer (P2P) lending platforms have come into existence as an alternative. Not only providing hassle free loans they are also bringing...
Entrackr traces the decade-long journey of CarDekho- the modest start, the right turn, the top gear drive and also instances when it runs out of fuel. In this third article of Entrackr’s #DecaUp Series, we present to our readers...
Employees are the backbone of startups. It’s their effort, passion, and faith that matters in shaping the successful path for a company. Working in startups isn’t a cakewalk as it requires employees to don several hats (depending on stage...
Entrepreneurship is a long and ardent journey. It requires unflinching faith, ambition, focus and sheer hard work amongst other traits to make a dent in status quo and keeping users hooked to a consumer product over years. Maintaining a...
With a massive funding flow this year, the business of delivering food has become hyper-competitive in India. After raising over $500 million this year alone, Swiggy and Zomato have been aggressive when it comes to acquiring customers, onboarding restaurant...
After e-commerce and payments, food delivery segment has been experiencing a lot of action. Since the beginning of this year, Swiggy and Zomato have collectively raised over $500 million in risk capital. With over 16 million orders, Swiggy is...
In today’s world, the idea of a startup isn’t limited to a company that was founded recently, but everything that disrupted the traditional market created a new category, and/or offer products and services that were the need of the...
Chinese entrepreneurs and investors inherently believe that scale can heal any pain. They are not bothered about burning capital and figuring out unit economics as long as the scale is on an upward trajectory. For an instance, Pinduoduo is...
Grofers has seen many pivots since its inception in December 2013. The company had undergone a particularly painful pivot in 2016 which bounced back last year. In the beginning of last year, Grofers volume went down by over 50...
Chatbots have become an integral part of Customer Relationship Management (CRM), especially, when it comes to handling customer grievances. In past (before 2014-15 era), bots were used guiding customers to the customer care executive, who would listen to them...
Online travel business has largely been dominated by MakeMyTrip in India and its stake in the segment turned stronger when it took over Goibibo last year. The second and third positions in OTA space belongs to Yatra and Cleartrip...
When it comes to e-commerce success stories around the world. It is hard to ignore China-based Alibaba, be it business-to-consumer (B2C) or consumer-to-consumer (C2C) segment.
It has given birth to eight subsidiary businesses. And the story we are going...
Chinese Internet companies and strategic investors have gradually been turning aggressive in the Indian market for the past three years. While large corporations such as Alibaba and Tencent collectively pumped in about $6 billion across 14 companies in India...
Oyo has changed immensely in the past eight months. The company made a successful pivot in November last year by moving to a franchise model from the aggregation one. It also started a slew of complimentary verticals including co-living...
Milk-tech aka micro-delivery business is having a ball in India. While the segment is going through consolidation as BigBasket and Swiggy are acquiring RainCan and SuprDaily, Saama and Sequoia have just showered $3 million in DailyNinja.
Since the beginning of...
After announcing its plan for India six years ago, Swedish retail giant IKEA is now all geared up to launch its first store in Hyderabad by next month.
Ahead of the retailer's store launch, Patrik Antoni, IKEA’s deputy country manager...
India think tank NITI Aayog has made recommendation framework for developing and implementing Strategy for Artificial Intelligence nation-wide.
A paper titled 'National Strategy for Artificial Intelligence' identified sectors including education, agriculture, health, infrastructure and mobility in smart cities where the...
The battle for e-commerce supremacy in consumer segment will be fought between Flipkart, Amazon and Paytm Mall for the next decade or more. Putting up a fight against them even with a vertical approach seems terribly difficult. So far,...
Why do we hail startups? The answer is simple - because they challenge the status quo and tend to solve a or many pains for customers. Besides, one of the cores differentiating factors from corporates or traditional companies is...
The adage says that ‘set your own house in order before pointing a finger at others’. It was probably never truer for the India startup ecosystem as one of its biggest stars, Paytm’s Vijay Shekhar Sharma, finds himself in...
It’s rare that funded startups attain profitability during their early years of inception as they are notorious for burning capital without caring about profitability. Nevertheless, some startups are the exception who manage to become profitable in quick time. One such...
It rarely happens that a Unicorn raises merely a million USD in a bridge round. But such things aren’t surprising when a business chases unsustainable growth metrics instead of fundamentals such as unit economics and stable revenue channels that...
Paytm has finally expressed its interest to get into wealth management and insurance segments. This seems like an obvious choice for the Alibaba-backed company as it’s trying to mirror several successful business models from its largest stakeholder Alibaba and...
In the formal debt financing segment in India, there is a huge credit gap.
Credit gap can be defined as the unmet credit requirement of MSMEs, over and above the available access to credit from formal institutional sources of...
Buying online second-hand or used car is not a simple process as it appears from outside. Among the several reasons, trust and lack of clarity on pricing are most striking.
Currently, there are plenty of platforms ranging from transaction-based...
The battle for Indian e-commerce crown has been playing out between Amazon and the rest (primarily Flipkart, Paytm and its backers) for over four years. Amazon with its $260 billion cash reserve is fighting alone in India against the...
BIGO LIVE, a mobile broadcasting app developed by Singapore-based BIGO TECHNOLOGY PTE LTD, claims to have reached a pioneer position in the segment with nearly 1 million DAU (Daily Active Users) and aims to cross 20 lakh (2 million)...
While horizontal e-commerce space has grown and evolved to a decent extent, so far vertical plays had a rather rickety ride in India. Despite raising thousands of crore, verticals like baby care and fashion (except Myntra) have completely failed...
Foodpanda acquisition by Ola on Tuesday came as a surprise for many entrepreneurs, journalists, and food-tech space observers. Foodpanda had been up for grab for a long time, but couldn’t find any takers. The word is that Ola paid...
Over the past two and half years logistics industry has seen several startups kicking-off their operations, and many shutting down at the same time as figuring out unit economics turned tough.
Companies such as Opinio, Runnr, Parcelled, Pickingo and several...
Ride-hailing company Uber last year witnessed a massive data breach of the personal information of 57 million customers and drivers. However, the news of data breach came in public recently.
With every passing year, cases of data theft are increasing....
Last year was painful for online grocery platform Grofers as the company shifted from marketplace to an inventory-led play. The growth had taken a nosedive for the online grocer from May till the February 2017.
“It was a frustrating...
Since the launch of Startup India by the central government in January 2015, in an effort to boost the startup ecosystem, various states launched similar schemes announcing funds and sops for new companies.
The startup campaigns urged entrepreneurs to...
On the lines of the war for the e-commerce crown between homegrown Flipkart and Jeff Bezos-led Amazon, the battlefield for the food delivery war has been set, and the contenders are, well, obvious - Zomato and Swiggy.
While Swiggy started...
In the past decade, the gaming outsourcing market has flourished in India as foreign companies provided game development services to the country.
The Indian gaming industry touched $171.66 million in 2010, according to a FICCI-KPMG, Gyan Research and Analytics 2012...
Online grocery is going through second wind in India after witnessing exuberance as well as tough time in a recent years.
During 2014-15, online grocery had witnessed a spurt in funding at seed level, however euphoria got settled down in...
Back in 2001, Dinesh Agarwal received a call from one of the leading business magazines in Delhi, which was conducting a survey on the internet business in India, after the dot com bubble burst.
The reporter on the call asked...
For Sachin Khote, agro tech startups proved a boon. He gets all the crucial information of soil variability moisture and nutrient levels, rainfall variability, timing of key operations like planting and harvesting, and market price volatility at the swipe...
In the past few years, the home service market, which is estimated to be worth $50 billion, saw the influx of on-demand home service aggregators like Urbanclap, Timesaverz and Housejoy, which opened job opportunities for thousands of blue-collar skilled...
Freecharge, an online mobile wallet, was bought by Snapdeal in 2015 for whopping $400 million (approx Rs 2,400 cr) in 80 percent stock and 20 percent cash deal
