Covid-19: TN moves from level 1 to 2, 40 cases in State
In what appears to be a case of serious concern, two more people tested positive for the Covid-19 today, taking the total number of cases in Tamilnadu to 40. Continue Reading
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Swiggy, Zomato, Uber Eats restrictions eased in Tamilnadu
The Tamilnadu government has relaxed restrictions on supply of food items by online services like Swiggy, Zomato and Uber eats. Continue Reading
From tomorrow, shops, petrol bunks in TN to function for less hours
Tamilnadu Chief Minister Edappadi K Palaniswami has announced fresh restrictions during the lockdown period to avoid people’s unnecessary movement in view of the spread of coronavirus. Continue Reading
Startup eBikeGo aims to deploy 30,000 EVs in 2020
The Amritsar-based startup is an electric two-wheeler rental platform. It recently raised $3,00,000 as part of its recent funding round led by ‘Startup Buddy’. eBikeGo is directly connected with delivery services like Zomato, Delhivery, Big Basket and provides last mile delivery eco-system. Continue Reading
Where losers are winners
I was at once amused, astonished and aghast at a couple of news items that appeared one below the other in a national daily. PayTM, a much touted desi payment app, hogged the headlines for two diametrically opposite reasons. One proudly proclaimed that PayTM’s parent company would be bidding for a sizeable stake in the private sector Yes Bank. And another announced that the same parent has tripled its losses in three years between FY2016-19, from Rs 1,500 crore to Rs 4,217 crore. Continue Reading
Google Pay targets 12 million kirana stores, aims to empower merchants
According to director – product management, Google Pay, India, Ambarish Kenghe, more and more people are embracing Google Pay and the aim is to tap into the small and medium businesses (SMBs) and the neighbourhood kirana stores, thus empowering both the merchants and the consumers go digital in a seamless and secure way. Continue Reading
Alibaba temporarily halts investments in India
Alibaba Group Holding Ltd, one of the biggest investors in Indian startups such as Paytm and Zomato, is temporarily halting fresh investments in the country as the Chinese e-commerce giant reviews its India strategy, four people aware of the development said. Continue Reading
Zomato sells UAE arm to Delivery Hero for $172 mn
“I am delighted to welcome Delivery Hero as a partner and shareholder and look forward to learning from their global experience to help us strengthen our fast growing India food delivery business,” Deepinder Goyal, CEO of Zomato, commented. Continue Reading