Ola’s Revenue Down By 95% In Last 2 Months, Lays Off 1400 Employees
Ola, on Wednesday, announced that it will have to fire 1,400 employees as its business has been down by 95% in the last two months due to the COVID-19 lockdown. …
Ecommerce Platforms Can Now Deliver Non-Essentials Across The Country
Impacted by COVID-19 lockdown, e-commerce platforms are now allowed to deliver non-essential products across the country, except in containment zones. Depending upon the on-ground condition, many states are yet to…
Food Tech Startup ‘SmartQ’ To Launch ‘Slot Based Booking System’ For Indian Cafeterias
Food-tech startup SmartQ is all set to launch a slot-based booking system called ‘Smart Pass’ to decongest cafeterias across Indian organisations. SmartQ said it will launch the “slot-based booking system”…
Indian Electric Vehicle Startups Are Fighting For Survival, Many Folded During Lockdown
Many industry experts have predicted bad times for Indian startups, as COVID-19 pandemic has caused a disruption in the Indian startup ecosystem. As per IT industry veteran Senapathy Gopalakrishnan, around…
Patanjali To Launch It’s E-Commerce Platform ‘OrderMe’
To promote local products in the country, Patanjali is all set to launch its e-commerce platform ‘OrderMe’. The development comes within 48 hours of PM Narendra Modi encouraging people to…
EdTech Startups On the Rise With Increase In New Users And Engagement
Since the lockdown has begun, EdTech startups have seen a high demand. They have seen an increase in growth, in terms of new users and engagement, during the COVID-19 lockdown…
Know More About The Allotment Of The Government’s Stimulus Package For MSMEs
With an aim to help MSMEs and small businesses in India, the Government’s stimulus package (Rs 20 lakh Crores) under the Atma Nirbhar Bharat Yojana was finally announced on May…
Experts Predict Bad Times For Indian Startups, 25% Of Startups Are In Trouble
As per IT industry veteran Senapathy (Kris) Gopalakrishnan, around 25% of India’s startups would be in serious difficulty if unfavourable effects of the COVID-19 persist for long. Talking about the…
Mumbai Based Healthcare Aggregator ‘HealthAssure’ Acquires ‘FitMeIn’
Despite, healthcare industry being affected by COVID-19 pandemic and with giants like Gold’s Gym filed for bankruptcy, Mumbai-based healthcare aggregator HealthAssure has managed to acquire fitness platform FitMeIn. According to…
Reliance Jio Is In Talks To Raise $950 Million From General Atlantic
As per reports, Reliance Jio Platform is in talks to raise $850 Mn to $950 Mn from private equity firm General Atlantic. No agreements have been signed yet but the…