Zomato asks restaurants to raise commissions 3 min read Technology Zomato asks restaurants to raise commissions xploreme February 27, 2023 Zomato has approached a number of restaurant chains seeking a 2-6% increase in commissions, amid widening losses,...Read More
SoftBank, Ant Group discuss Paytm secondary sale to reduce holding in payments firm 4 min read Technology SoftBank, Ant Group discuss Paytm secondary sale to reduce holding in payments firm xploreme February 27, 2023 Large investors in One 97 Communications, which operates digital payments major Paytm, including Masayoshi Son’s SoftBank and...Read More
How GoMechanic founders floated Morsebiz as car servicing startup unravelled; BPM firms turn to cost-saving deals 7 min read Technology How GoMechanic founders floated Morsebiz as car servicing startup unravelled; BPM firms turn to cost-saving deals xploreme February 13, 2023 As the business collapse looked imminent due to misreporting of financials, cash burn and other reasons, GoMechanic’s...Read More
ETtech Long Read: How GoMechanic founders floated a new business as trouble mounted at the car servicing startup 8 min read Technology ETtech Long Read: How GoMechanic founders floated a new business as trouble mounted at the car servicing startup xploreme February 13, 2023 About three to four months before GoMechanic’s founders confessed that the company’s growth was riddled with financial...Read More
Tech earnings a mixed bag in Q3: check key highlights 4 min read Technology Tech earnings a mixed bag in Q3: check key highlights xploreme February 12, 2023 The week gone by was a mixed bag for investors in listed new-age tech companies. While some...Read More
Blinkit looking to expand dark store count by around 40% over next 12 months 2 min read Technology Blinkit looking to expand dark store count by around 40% over next 12 months xploreme February 12, 2023 Quick commerce player Blinkit is looking to expand its micro-fulfilment centres or dark stores, targeting up to...Read More
Zomato exits 225 smaller cities due to “not very encouraging” performance in recent quarters 2 min read Technology Zomato exits 225 smaller cities due to “not very encouraging” performance in recent quarters xploreme February 11, 2023 Food-delivery and restaurant discovery platform Zomato pulled out of around 225 smaller cities last month, the company...Read More
Zypp Electric Raises $25 Million Funding, Aims to Expand to New Cities by 2025 2 min read Technology Zypp Electric Raises $25 Million Funding, Aims to Expand to New Cities by 2025 xploreme February 8, 2023 Zypp Electric said on Wednesday it has raised $25 million (nearly 206 crore) in a series B funding...Read More
Uncertainty, layoff fears raise tech pros’ stress, anxiety levels 3 min read Technology Uncertainty, layoff fears raise tech pros’ stress, anxiety levels xploreme January 28, 2023 At a time when companies like Microsoft, Google, Amazon and IBM are announcing job cuts, work expectations...Read More
Layoffs spread to Dunzo, ShareChat, Rebel Foods, and agritech firms 6 min read Technology Layoffs spread to Dunzo, ShareChat, Rebel Foods, and agritech firms xploreme January 16, 2023 Indian startups fired nearly 18,000 employees in 2022 as a funding winter and macroeconomic uncertainty froze investors...Read More