Weekly Summary: redBus Exodus, Directi’s $110 Mn Sale & More
September 14, 2013 2013-09-14 12:58Weekly Summary: redBus Exodus, Directi’s $110 Mn Sale & More
Weekly Summary: redBus Exodus, Directi’s $110 Mn Sale & More
Not a week passes by without some excitement in the newsroom. This week we saw one more fairly large exit by an Indian company. Web company Directi sold a large stake in the company in a $110 million deal. The Electronics Systems Design & Manufacturing received a major shot in the arm as the Indian government approved 2 proposals to setup fab units in the country.
We reported on the crisis at redBus after its acquisition. The company has lost at least a dozen senior employees & more are on their way out, apparently because they were unhappy with the ESOP scheme.
Some of our guest authors wrote deep thought pieces provoking reactions from a large number of readers. The analysis of Groupon’s Rs 9 for a Kilo of Onion campaign was a roaring hit. In short, a lot of water has flown under the bridge. In case you missed a few, here’s a recap of the best of the week.

– Editorially Recommended Articles –
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Of redBus Senior Management Exodus, ESOPs and A Note to Founders
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Why the Cabinet Approval for Semiconductor Fabs is a Big Deal
——— Channel : Indian Startups / Resources ———
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Of Pranav Mistry, American Accent and How to Sell Your Indian Product to Indians
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Demystifying Startup Chile for Indian Entrepreneurs: The Do’s & Don’ts
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Meet Vowrr, the Social Network Where You Get Only 25 Seconds to Vow
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Buyhatke Wants You to Save Money While Shopping Online With It’s New Chrome Extension
———- Channel : India Online
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25% of IRCTC Traffic is Going to New Shopping Portal: Yebhi CEO Manmohan Agarwal
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The Indian Payment Gateway Survey : Calling Ecommerce Companies
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BJP’s Tech Volunteers to Woo Non Urban Voters [Social Media Strategy]
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Amazon Expands Store in India to Sell Toys, Baby Products & Others
——— Channel : APPS/ Stuff
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Apple Unveils Two New Phones – Colorful iPhone 5c and iPhone 5s with Fingerprint Scanner
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6tag is the Most Feature Rich Instagram Client for Windows Phones [App Review]
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Nokia Music Shuts Website in India, Mobile Offering to Continue
—–Channel: Indian Startup Funding
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Exclusive: Kuliza Acquires Adepto, Social Media Marketing Platform [Updated]
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Makers of Automatic Dosa Machine Dosamatic Raise Funds from IAN
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Retail Technology Startup, Shopsense Bags Angel funding From Kae Capital and Others
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Kerala Chief Minister Announces Rs 500 cr Budgetary Assistance to Entrepreneurs
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