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 –

• Of redBus Senior Management Exodus, ESOPs and A Note to Founders

• Economics of Groupon’s Onion Deal [No Tears, All Cheers]

• Indian Entrepreneurs & The Happy Confused Stage

• Why the Cabinet Approval for Semiconductor Fabs is a Big Deal

——— Channel : Indian Startups / Resources ———

• Of Pranav Mistry, American Accent and How to Sell Your Indian Product to Indians

• Demystifying Startup Chile for Indian Entrepreneurs: The Do’s & Don’ts

• Mytestbuddy Wants To Help Students Overcome Exam Nightmares

• Meet Vowrr, the Social Network Where You Get Only 25 Seconds to Vow

• Understanding Funding Process [Whiteboard Friday]

• Negotiating Terms Sheets: Who Gets On the Board? [Part III]

• Buyhatke Wants You to Save Money While Shopping Online With It’s New Chrome Extension

———- Channel : India Online 

• 25% of IRCTC Traffic is Going to New Shopping Portal: Yebhi CEO Manmohan Agarwal

• Indian Government to Relook at FDI Ban in E-commerce

• The Indian Payment Gateway Survey : Calling Ecommerce Companies

• BJP’s Tech Volunteers to Woo Non Urban Voters [Social Media Strategy]

• Amazon Expands Store in India to Sell Toys, Baby Products & Others

——— Channel : APPS/ Stuff

• Apple Unveils Two New Phones – Colorful iPhone 5c and iPhone 5s with Fingerprint Scanner

• IRCTC Launches Windows 8 App

• 6tag is the Most Feature Rich Instagram Client for Windows Phones [App Review]

• Nokia Music Shuts Website in India, Mobile Offering to Continue

• The Ladoo Android? Sweet!

• #MobileLife: What to Do with a Cracked Smartphone Screen

• Make your Memories Talk with pikSpeak [App Review]

—–Channel: Indian Startup Funding

• Directi Acquired for $ 110 mn by Endurance International

• Exclusive: Kuliza Acquires Adepto, Social Media Marketing Platform [Updated]

• Makers of Automatic Dosa Machine Dosamatic Raise Funds from IAN

• Retail Technology Startup, Shopsense Bags Angel funding From Kae Capital and Others

• Kerala Chief Minister Announces Rs 500 cr Budgetary Assistance to Entrepreneurs

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