14 May 2024
Mahindra hails IIT-Madras startup for developing electric flying taxis
Anand Mahindra was amazed by ePlane, a startup from IIT Madras, developing electric flying taxis for speedy urban commutes. Founder Sathya Chakravarthy impressed with plans to unveil their first vehicle in 2025.
This Bank Dethrones Ambani's Empire As India's Most Profitable Company
Mukesh Ambani's Reliance Industries has been toppled from its throne, not by a competitor, but by a top government bank, The State Bank of India (SBI), as India's most profitable company.
Bngluru Tops Startup Hiring (31%) In India As Chennai, Hyderabad Lag
A recent Foundit story has found that Bangalore is leading among all the Indian cities in startup hirings with a percentage of 31% as Hyderabad and Chennai lag behind at 5% each.
Broken TV Customer Built ₹36k Crore Startup After Bad Customer Support
How a frustrated customer faced bad support from the company, read a simple comment on Hacker News, and got motivated to quit his comfortable, well-paying job to launch his startup.
Investment App Groww Returns to India; Zepto & Others May Follow
There is a growing trend among Indian startups to return to their home country. Groww, a popular investment app company with over $3 billion valuation, is now one of the first startups to move its operations from the US back to India.
Paytm Introduces Auto Rickshaw Booking, May Challenge Ola And Uber
Paytm is reportedly entering the ride-hailing sector with its new auto-rickshaw booking feature via ONDC after receiving trouble over its banking service from RBI
Goyal Launches Customised Photo Cake Delivery Within 30 Min By Zomato
Zomato's Deepinder Goyal has introduced 'Photo Cakes' on Mother's Day. The customers can upload pictures and have them printed on a customized cake delivered in 30 minutes in Delhi NCR.
TCS CEO Krithivasan Is The Lowest-Paid IT CEO (Rs 25.36 Cr) In FY24
Tata Consultancy Services (TCS) CEO K Krithivasan earned an annual compensation of Rs 25.36 crore in 2023-24, the lowest among major IT companies.
MBA Grad Left Family Business To Sell Water, Makes ₹250 Cr In Revenue
Clear Pani was founded under Energy Beverages Private Limited by Nayan Shah in Feb 2010 after failing his first business venture, an energy drink brand called Current Energy Drink, started in 2005.
Uber Starts Hyperlocal Delivery Service With 9 Cities In India
Uber has launched a Hyperlocal delivery service in 9 Indian cities. But customers have to pay directly to the store for now. This move comes in response to Zomato's Blinkit, Zepto, and Swiggy’s Instamart's popularity
Zomato CEO Grilled For Old Hiring Remark: ‘We don't hire job seekers’
Zomato CEO Deepinder Goyal is getting grilled on X for an old hiring remark he made in an interview with Ranveer Allahabadia (Beer Biceps). Goyal revealed his uncanny hiring strategy on Allahabadia’s podcast.
Zomato Founder Launches Platform To Help Businesses Hit by Bad Weather
Zomato’s Deepinder Goyal has just announced his next venture, Weather Union, on X. It democratises weather forecasting for all businesses hit by weather complications.
IIT Gandhinagar Students Turn Golf Cart Into Driverless Campus Vehicle
A robotics teacher Professor Palanthandalam Madapusi at IIT Gandhinagar has announced that his 10 students have made an autonomous vehicle (golf cart vehicle) for campus travel.
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