External posturing and internal fear

Contrast this with the US, where internet vision, or internet policy, is largely driven by the White House and the Congress, with the office of the science and technology policy reporting directly to the President. In fact, in 1997, the Bill Clinton administration released the Framework for Global Electronic Commerce—effectively a roadmap for the US’ … Read more

Last throw of the dice

The year 2017 was the year of reckoning for Tapzo. The company had to make money. More so because it was coming off of a year where it ratcheted up a loss of almost Rs 100 crore ($15.4 million). In June, Singla told his team that the company needs to break even by the first … Read more

What exactly the pink moon is?

Vigorous physical activity is Chaddah’s release. And it reflects in his choice of musical instrument: the drums. He was part of a band in college and continued to be in one when he joined Bain. Practicing and achieving perfection “We played together in a band called Bain the Band, for lack of a better name,” … Read more

Nothing is ever set in stone

“There are two camps within Uber right now. One is in favor of the merger, while the other wants to go on independent,” says an executive at Uber who asked not to be identified as he is not allowed to talk to the press. Those who want to stay independent argue that Uber plans to … Read more

VT left because he had an intellectual disagreement

Folks at Sequoia like to tell a legend about VT Bharadwaj. How, back in the day, before Bharadwaj joined Sequoia, he was the youngest, best performer at McKinsey & Company. An electronics engineer, straight out of BITS Pilani, Bharadwaj had a fancy seven-digit salary at the firm, and a great career before him. And then … Read more

The Kalaari-Snapdeal tango reaches the exit door

While many sections of the press are breathlessly covering every nip and tuck of the Flipkart-Walmart-Amazon ménage à trois, in another part of the country, Flipkart’s forgotten competitor is silently playing out the last act of a dance drama of its own. Fading of the negative energy It is usually quiet in the Gurugram office … Read more

Indian startups and investors warm up to domestic IPOs

It’s on Tuesday morning. 15 May. While the entire nation has its eyes glued to news channels, waiting for the outcome of the Karnataka elections, there is a listing ceremony going on in the NSE auditorium in Mumbai. On the face of it, there’s nothing exceptional about it. E2E Networks, a Haryana-based cloud computing startup, … Read more

What are the eight commandments?

The culture of the bank – with legacy systems and an inability to move fast – and the rise of fintechs exposing gaps in the bank’s business were triggers for the bank’s decision to build financial tech of its own. “By building internally, we can react faster to consumer preferences and change,” says Madhivanan. Setting … Read more

What is the next leg of the growth?

From the outset, the application looks more cluttered compared to TikTok. But Likee has gone far and wide to differentiate itself from its rival. Tarun Nayak, a venture capitalist with Matrix Partners India who has researched on the short-video ecosystem said, “Likee’s growth has been possible because they have taken a differentiated approach to the … Read more

Banks trying to increase it’s impact in the people’s life

Despite both sides having a lot to offer the other, the balance of power between e-commerce companies and banks has long been messy. In the last five years, users have flocked to e-commerce portals lured by the convenience and choice on offer. Together, Amazon and Flipkart have 300 million registered users, according to newspaper reports. … Read more