Guide

But consider how this scenario plays out in India. Let’s take Kalaari’s last fund of approximately $300 million for instance. An annual fee of 2% means that the firm gets nearly $6 million (Rs 37.5 crores) every year as management fees. That is a big chunk of change for a company operating in India, especially … Read more

AppsDaily is dead. The Mumbai-based company, according to an investor report accessed by The Ken, is currently in the process of selling off its assets to repay its dues. The mobile protection (insurance and anti-virus) company, which was one of the first to pioneer the online to offline (O2O) strategy in India, stopped operations a … Read more

When I was younger, chess was one of my favorite games. I was not particularly good at it, but that didn’t deter me from enjoying the almost magical twists and turns, the myriad permutations and combinations that could emerge from a simple-looking 8/8 board. Of these, one of the most fascinating positions was the “zugzwang”. … Read more

As the most expensive and sought-after restaurants either refuse to honor Zomato Gold members or put in place drastic quotas on how many they might serve in a day, Zomato will then need to deal with irate customers. This means complaints like “None of the restaurants I signed up for are still around” or “Restaurants … Read more

“Tap a button, get a ride.” That almost comically simple idea would lead to the origin of Uber in 2008. Hundreds of startups globally have tried to surf in its wake by positioning themselves as ‘Ubers’.’ Uber for parking’. ‘Uber for dog walkers’. ‘Uber for lawyers’. ‘Uber for ice-cream’. ‘Uber for laundry’. ‘Uber for groceries’. … Read more

Remember Flipkart’s golden days? The original golden days, that is. The times when it had the Midas touch? (Well, at least it thought it did). It was a few years ago. Around 2012-2015, if you think about it. Everything it did was cheered on. Thinking of the products In February 2012, it launched Flyte, an … Read more

First, a look at the annual filings of Shopclues. In April 2016, Radhika Ghai (earlier Agarwal) resigned from the company board. “She has resigned from the directorship of the Indian entity. She is still our chief business officer,” explains Sethi. Shopclues is a wholly-owned subsidiary of Clues Network and Radhika continues to hold her board … Read more

While Swiggy and Zomato have taken this deal as a call to arms, Uber is stunned. The company has been running on autopilot for a while and this has not shaken the company into action yet. Employees within the company say that there is not a lot happening at the US-based ride-hailing company as Dara … Read more

Ash Lilani, the founder of venture capital firm Saama Capital, prowls the aisles of the Whole Foods outlet near his residence in California quite often, smartphone in tow. Every time he sees an interesting product or aisle display, he takes photos of them to send them back to India. To his investee companies. Malika Sadani, … Read more

What is the most common question asked during board meetings at e-commerce companies? Nope, not about the next funding round or profit. It actually is: How do you plan to make more money from the consumer? Answer: beard trimmers. Let us explain. A few months ago, Flipkart looked at its hot selling products and found … Read more