Indian Startups

The acquisition is THE biggest exit in Indian startup ecosystem and everybody (founders/investors/employees) will make good money. But then – this is also the end of the road for Flipkart (6 months down the line, it will be Amazon VS Walmart in Indian market – and NOT a local company). Exits are good and help […] More

UrbanClap saw its operational revenues jump 309% to about Rs 45 crore in FY18 from about Rs 11 crore in FY17 (losses reduced by 25% to about Rs 50 crore in FY18 from Rs 66.7 crore last year). UrbanClap bagged 4,50,000 orders with an average order value of Rs 1200-1500 in April alone, even as […] More

At scale, most (digital) consumer businesses have an ugly side. By ugly, I don’t mean they cheat – they just sell things that people don’t need. Most appeal to senses, which are carnal in nature For example: – Amazon’s working conditions are so bad that workers pee in bottles, to save their job. – Ola/Uber […] More

Walmart will soon become the largest shareholder in Flipkart. Take a moment to let this sink in. Walmart which is fighting Amazon in their hometurf now decides to fight where it matters the most: the Indian market. Founders: The Chinese and Silicon Valley companies are coming for your lunch (and breakfast…and dinner). Here is what […] More

Startups are allowed 100% deduction of profits for any 3 out of 7 years from the year of incorporation. To avail this incentive, the startups were required to comply with condition which stipulated that turnover cannot exceed Rs.25 crore in 7 years from the date of incorporation. This was considered restrictive, as exceeding the turnover […] More

Kissht,a fintech startup providing an EMI payment and digital lending platform has launched ‘Scan and Pay Later’ credit wallet. Customers can now shop on credit using the exclusive “Kissht QR Code” which will be usable in select offline stores and modern retail chains across the country. This launch has widened the markets for OEMs (original […] More

I used to carefully watch other companies on what they are going to do next. I believed that, if I can build something first before them, I can quickly grow the users and sell it to them quickly. Lookup was one such idea that I worked on a few years ago which rode the wave […] More

Sri Lanka’s leading cab service, PickMe has filed criminal case against Ola’s lanka subsidiary for stealing valuable and confidential business and technical information developed by the company, through indulging in commercial espionage. The Magistrate, being satisfied by the facts supported before court, issued summons on all the accused, returnable on 26 February. The parties named […] More

AngelList has launched syndicates for the Indian market. Syndicates are a private single-deal investment vehicles that let you invest in startup allocations shared by syndicate leads, enabling more angels to participate by getting access to top deals. Similar to a VC fund, syndicates provide experienced investors the opportunity to earn carried interest on their allocation, […] More

As a PM, why would you even launch a feature like this and play with people’s money/time and trust? More

A lot of learning, unlearning and dabangg-ing. More