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Uber and Aaveg have reportedly got a licence from the Delhi transport department to operate "premium bus service" in the city. Will it reduce the public traffic traveling through taxies and 2 wheelers?

• Paytm enters ride-hailing sector through ONDC to challenge duopoly of Ola-Uber: • Vijay Shekhar Sharma's company, Paytm, is planning to start providing auto-rickshaw rides in cities like Delhi, Bengaluru, and Chennai. They will do this through th

ONDC can expand to the following - Hotel booking - Train ticket booking in partnership with IRCTC - Intercity bus booking - Rental Cars - Food and Dining - Movie Ticket Booking - Event Booking - Fitness : onboarding of gyms, fitness class bookin

Rapido picked up $200 M in a Series E, now valuing it $1 B+. ⏩Investors include: WestBridge Cap, Nexus VP, Think Investments, Inus-Opportunities, Swiggy. The ride-hailing market has changed significantly in the past few years - - Super Competiti

I’ve been working with startups for half a decade now but somehow my peers don’t understand the importance of value creation against immediate profits. Unicorns do matter. No point making small profit for years together without expanding user base. T

Top News of the Day (8/10/2024) 1. Leegality turns profitable with 87% revenue growth in FY24 2. Magicpin becomes largest food delivery seller app on ONDC 3. Swiggy’s Sriharsha Majety gets $200-mn ESOP package before IPO 4. Pharmaceutical packagi

Top News of the Week: 1. Funding: - On a weekly basis, startup funding slipped 56.6% to $113.39 million as compared to around $261.21 million raised during the previous week. This is the lowest weekly funding in the last 15 weeks. - During the wee

Top News of the Day: 1. A federal judge in California dismissed a lawsuit alleging that workers with disabilities were forced out of social media platform X after Elon Musk took over and implemented a ban on remote work. 2. Indian online jewellery

Top News of the Day: 1. Nasher Miles, a digital-first luggage brand, has raised $4 million in its bridge round to Series A 2. SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes 3. Emami set to acquire 100% stake in The

Top News of the Week: 1. Funding: - During the week, 26 Indian startups raised around $421.29 million in funding. These deals count 4 growth-stage deals and 16 early-stage deals while 6 startups kept their transaction details undisclosed. - On a w