STARTUPS
Flipkart says no sale talks with Amazon, Uber hopes to beat Ola
Photo: iStock

Photo: iStock

What to watch out for

Two banks opt out of Infibeam IPO

Kotak Mahindra Capital and ICICI Securities have opted outas they were not comfortable with the pricing and the timing of the issue.

Sellers on e-commerce sites complain of being penalised for returned goods

About 1,000 sellers have formed the eSeller Suraksha Forum to convey their concerns and one vendor has even sent a letter to Amazon founder Jeff Bezos to draw his attention to the problem. The three biggest e-commerce companies—Amazon, Flipkart and Snapdeal—function as marketplaces that connect buyers with sellers.

High Court stays entry tax in Uttarakhand, says Flipkart

The high court of Uttarakhand has granted an interim stay to Flipkart on the levy of an entry tax in the state. The development is likely to lead other e-commerce companies as well to seek legal remedies against a government decision that they term discriminatory.

Flipkart denies report of sale talks with Amazon

Flipkart has strongly denied a newspaper report that said it had exploratory talks with Amazon in the last quarter of 2015 for possible sale . “There have been no talks or discussions for potential sale. Flipkart continues to be the market leader in India and we are in this business for the long haul,” a Flipkart spokesperson said.

Early-stage VC investors dominate CB Insights top 20

Venture capitalists who identify a promising firm in its infancy and bet on its growth often come out on top , shows CB Insights rankings.

Uber hopes to beat Ola within the next 30 days

Eric Alexander, president of business in Asia for Uber Inc., in an interview with Mint, spoke about surpassing rival Olain terms of market share in India, learnings from different global markets and about Uber’s strategy to partner with local companies to perform better locally.

Tencent earnings

Chinese Internet giant Tencent Holdings Ltd is scheduled to release its fourth-quarter earnings results on Thursday. The social networks and online games company is expected to report that its net profit grew more than 30% from a year earlier for the three months ended 31 December, thanks to its solid online games business and a surge in advertising revenue.

Funding news

Kris Gopalakrishnan invests in education start-upAvagmah.

Gurgaon-based Elitify.com in talks to raise Rs.13 crore.

Matters of debate

What’s wrong with food tech?

Food tech has had it pretty rough the last few months —what with several start-ups shutting shop, others scaling down and a few others rethinking whether there’s money to be made in doing whatever they do. So, with everything that’s happened, nobody wants to indulge in schadenfreude on what’s going on.

How a radical shift left Zappos reeling

A move to “self-management” has shaken the online shoe retailer . Can it regain its mojo?

What the world is talking about

Things are finally getting real for on-demand start-ups

The wave of on-demand startups has drawn obvious comparisons to Kozmo.com and Webvan, two notorious “dot-bombs” of the 2000 tech bubble. But on-demand acolytes argue that this time it’s different.

Google Maps update is giving Uber competition

Google has added a way for users of its Map app to compare ride-sharing fares with industry giant Uber.

Amazon applies for “pay by selfie” patent

Amazon has filed a patent for tech that would allow shoppers to make a purchase by taking a photo of themselves. Facial analysis is a lot safer than current CAPTCHA recognition.

Can Silicon Valley’s big bet on agriculture help small-scale farmers in developing countries

Several well-known Silicon Valley firms are embracing agriculture technology start-ups and increasingly looking to the farm belt to find the next unicorn.

Alibaba relieved to have avoided counterfeit scandals

China’s e-commerce giant Alibaba must have sighed with relief when it wasn’t hit as hard as expected during the much-awaited 3.15 Evening Gala, an annual program about consumer rights on state broadcaster CCTV that reveals improper or illegal market practices.

HelloFresh USA CEO predicts the future of food

“The industry is moving towards customization”, while “the comsumer is increasingly mobile”, said Edward Boyes , co-CEO of HelloFresh USA, in an interview.

Instagram to ditch chronological user feed for interest-based one

Instagram has said it is reshuffling feeds to display curated content that users would “care” about first. The sequence of posts would be based on the likelihood of interest in the content, the user’s relationship with the person or timeliness of the post, Instagram said in a blog post.

Start-up classroom

How do small start-ups attract big names as clients?

5 lessons start-ups need to learn from value investing.

Before investing in a start-up , study their 4 M’s.

6 lessons for creating balance as an entrepreneur.

For the geeks

iPhone SE: What we know about the ‘iPhone Mini’ expected on 21 March.

Wozniak sides with Tim Cook versus FBI, but not so much on Apple Watch

In a wide-ranging “Ask Me Anything” session on Reddit, Apple co-founder Steve Wozniak offered his personal and nuanced defense of Apple’s stance and also attempts to reframe a great fast food debate.

Did you know?

This entrepreneur earns almost $100k a year selling bananas

Davonte Wilson , the founder of Bananas Gone Wild in Frisco, TX came up with the idea where a message could be written on a banana.

Cyber criminals snap up expired domains to serve malicious ads

Expired domain names are becoming the latest route for cyber criminals to find their way into the computers of unsuspecting users.

Google’s 77% traffic is encrypted

Google’s arguably most important service, Gmail, is 100% encrypted , as is Google Drive—not a surprise since Gmail is HTTPS-only since March 2014. Maps, Finance, News and Advertising are all above 50%, with the last two showing a huge increase in the last two years.

Photo: iStock

Photo: iStock

What to watch out for

Two banks opt out of Infibeam IPO

Kotak Mahindra Capital and ICICI Securities have opted outas they were not comfortable with the pricing and the timing of the issue.

Sellers on e-commerce sites complain of being penalised for returned goods

About 1,000 sellers have formed the eSeller Suraksha Forum to convey their concerns and one vendor has even sent a letter to Amazon founder Jeff Bezos to draw his attention to the problem. The three biggest e-commerce companies—Amazon, Flipkart and Snapdeal—function as marketplaces that connect buyers with sellers.

High Court stays entry tax in Uttarakhand, says Flipkart

The high court of Uttarakhand has granted an interim stay to Flipkart on the levy of an entry tax in the state. The development is likely to lead other e-commerce companies as well to seek legal remedies against a government decision that they term discriminatory.

Flipkart denies report of sale talks with Amazon

Flipkart has strongly denied a newspaper report that said it had exploratory talks with Amazon in the last quarter of 2015 for possible sale . “There have been no talks or discussions for potential sale. Flipkart continues to be the market leader in India and we are in this business for the long haul,” a Flipkart spokesperson said.

Early-stage VC investors dominate CB Insights top 20

Venture capitalists who identify a promising firm in its infancy and bet on its growth often come out on top , shows CB Insights rankings.

Uber hopes to beat Ola within the next 30 days

Eric Alexander, president of business in Asia for Uber Inc., in an interview with Mint, spoke about surpassing rival Olain terms of market share in India, learnings from different global markets and about Uber’s strategy to partner with local companies to perform better locally.

Tencent earnings

Chinese Internet giant Tencent Holdings Ltd is scheduled to release its fourth-quarter earnings results on Thursday. The social networks and online games company is expected to report that its net profit grew more than 30% from a year earlier for the three months ended 31 December, thanks to its solid online games business and a surge in advertising revenue.

Funding news

Kris Gopalakrishnan invests in education start-upAvagmah.

Gurgaon-based Elitify.com in talks to raise Rs.13 crore.

Matters of debate

What’s wrong with food tech?

Food tech has had it pretty rough the last few months —what with several start-ups shutting shop, others scaling down and a few others rethinking whether there’s money to be made in doing whatever they do. So, with everything that’s happened, nobody wants to indulge in schadenfreude on what’s going on.

How a radical shift left Zappos reeling

A move to “self-management” has shaken the online shoe retailer . Can it regain its mojo?

What the world is talking about

Things are finally getting real for on-demand start-ups

The wave of on-demand startups has drawn obvious comparisons to Kozmo.com and Webvan, two notorious “dot-bombs” of the 2000 tech bubble. But on-demand acolytes argue that this time it’s different.

Google Maps update is giving Uber competition

Google has added a way for users of its Map app to compare ride-sharing fares with industry giant Uber.

Amazon applies for “pay by selfie” patent

Amazon has filed a patent for tech that would allow shoppers to make a purchase by taking a photo of themselves. Facial analysis is a lot safer than current CAPTCHA recognition.

Can Silicon Valley’s big bet on agriculture help small-scale farmers in developing countries

Several well-known Silicon Valley firms are embracing agriculture technology start-ups and increasingly looking to the farm belt to find the next unicorn.

Alibaba relieved to have avoided counterfeit scandals

China’s e-commerce giant Alibaba must have sighed with relief when it wasn’t hit as hard as expected during the much-awaited 3.15 Evening Gala, an annual program about consumer rights on state broadcaster CCTV that reveals improper or illegal market practices.

HelloFresh USA CEO predicts the future of food

“The industry is moving towards customization”, while “the comsumer is increasingly mobile”, said Edward Boyes , co-CEO of HelloFresh USA, in an interview.

Instagram to ditch chronological user feed for interest-based one

Instagram has said it is reshuffling feeds to display curated content that users would “care” about first. The sequence of posts would be based on the likelihood of interest in the content, the user’s relationship with the person or timeliness of the post, Instagram said in a blog post.

Start-up classroom

How do small start-ups attract big names as clients?

5 lessons start-ups need to learn from value investing.

Before investing in a start-up , study their 4 M’s.

6 lessons for creating balance as an entrepreneur.

For the geeks

iPhone SE: What we know about the ‘iPhone Mini’ expected on 21 March.

Wozniak sides with Tim Cook versus FBI, but not so much on Apple Watch

In a wide-ranging “Ask Me Anything” session on Reddit, Apple co-founder Steve Wozniak offered his personal and nuanced defense of Apple’s stance and also attempts to reframe a great fast food debate.

Did you know?

This entrepreneur earns almost $100k a year selling bananas

Davonte Wilson , the founder of Bananas Gone Wild in Frisco, TX came up with the idea where a message could be written on a banana.

Cyber criminals snap up expired domains to serve malicious ads

Expired domain names are becoming the latest route for cyber criminals to find their way into the computers of unsuspecting users.

Google’s 77% traffic is encrypted

Google’s arguably most important service, Gmail, is 100% encrypted , as is Google Drive—not a surprise since Gmail is HTTPS-only since March 2014. Maps, Finance, News and Advertising are all above 50%, with the last two showing a huge increase in the last two years.

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