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Swiggy, Zomato start alcohol deliveries during lockdown

TMT

21 May, 2020

Swiggy, Zomato start alcohol deliveries during lockdown

India's top two food-delivery startups, Swiggy and Zomato, will begin delivering alcohol in some cities starting from Thursday, as they ......

Ola to cut one-third workforce as revenue slumps in lockdown

TMT

20 May, 2020

Ola to cut one-third workforce as revenue slumps in lockdown

Cab aggregator Ola is letting go 1,400 employees as the coronavirus pandemic has hurt its core ride-hailing business, joining a ......

More than half of startups plan a pivot to weather coronavirus crisis: Nasscom

TMT

19 May, 2020

More than half of startups plan a pivot to weather coronavirus crisis: Nasscom

More than half of the startups in the country are looking to pivot their businesses as they face unprecedented challenges ......

Swiggy lays off 1,100 employees as lockdown saps food delivery business

TMT

18 May, 2020

Swiggy lays off 1,100 employees as lockdown saps food delivery business

Food delivery company Swiggy said on Monday it is laying off 1,100 employees as the coronavirus pandemic and a nationwide ......

Sensex, Nifty plunge amid more signs of economic damage

Markets

18 May, 2020

Sensex, Nifty plunge amid more signs of economic damage

Indian shares plunged on Monday as signs of damage to the economy from the novel coronavirus outbreak continued to mount, ......

Zomato to lay off 13% staff, cuts pay as lockdown hurts delivery biz

TMT

15 May, 2020

Zomato to lay off 13% staff, cuts pay as lockdown hurts delivery biz

Zomato Media Pvt. Ltd will lay off 13% of its workforce and slash the salaries of all its employees, as ......

Startups get creative as coronavirus crisis fuels funding crunch

TMT

11 May, 2020

Startups get creative as coronavirus crisis fuels funding crunch

Samik Sarkar was managing to eke a profit out of his online apparel store before the coronavirus crisis hit India, ......

Zomato targets push into alcohol deliveries to cash in on lockdown

TMT

07 May, 2020

Zomato targets push into alcohol deliveries to cash in on lockdown

Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as ......

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Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Finance

28 April, 2020

Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Last year, Norwest Venture Partners sealed a rare deal in India’s venture capital industry. The six-decade-old venture and growth-stage investor ......

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How govt's curbs on takeovers will impact startup investments from China

TMT

20 April, 2020

How govt's curbs on takeovers will impact startup investments from China

Indian startups, which have received a heavy dose of capital from Chinese firms such as Alibaba, Tencent, Fosun and Shunwei ......