What it feels like when you start from the board?

“Alibaba started the investments again. And the Foodpanda deal can be directly tied to that,” he says. This has now broken the duopoly. Foodpanda has had a few, if not many, loyal customers apart from discount hunters who frequently checked out the app. Now with Ola, and it’s $200 million, the company effectively breaks into … Read moreWhat it feels like when you start from the board?

Almost out of Zomato, but Pankaj Chaddah will not talk to you

It is a difficult meeting. At a busy coffee shop in Gurugram. Music blares from the speakers, coffee machines busy, hissing, and Deepinder Goyal, the CEO, and co-founder of Zomato sits in a chair. He sips his tea, leans forward to hear the questions. What was the email? Did you read the email before he … Read moreAlmost out of Zomato, but Pankaj Chaddah will not talk to you

How is the financial assistance been provided?

But then MonkeyBox attempted something new. The B2B model, which resembled a catering business. “I would say this was one of our biggest mistakes. So often parents and well-wishers would tell us that you are doing so well for kids, why don’t you pick up a large corporate order?” Rao says. Financial Assistance He thought … Read moreHow is the financial assistance been provided?

Understanding the complex chemistries

Demand has been a thorn in the government’s side ever since it launched demand-side incentives under the Faster Adoption and Manufacturing of Electric Vehicles in India-I scheme (FAME-I). Under FAME-II, the government rejigged the subsidy structure and introduced import duties on core battery parts (The Ken has written about this previously). The intention was to … Read moreUnderstanding the complex chemistries

CRED’s uncertain path from credibility to confidence

At a recent startup event, Kunal Shah, the founder of the credit card payment platform CRED CLUB (CRED for short), was asked about how he raised so much money. “I am able to raise money now because of past success,” Shah responded. Growth of the online recharge business Few will dispute this contention. After all, … Read moreCRED’s uncertain path from credibility to confidence