CRED’s Unicorn Status: A Bubble Waiting To Burst?

The Fintech Startup CRED’s valuation slingshots nearly 3X to $2.2 billion in just 3 months but the startup posted a loss of Rs 360 cr on a mere revenue of Rs 52 lakh in FY 2020, sparking a debate on hazy business models.

Why 9 Out Of 10 Startups Fail: India Inc. Bleeding Losses

The pandemic took a toll on Indian Startups, hundreds of which are handing out thousands of pink slips to employees to cut losses. Even big unicorn startups are no exception.

Snapdeal eyes new $100 million funding push

The e-commerce player Snapdeal is reportedly in talks with investors to raise $100 million, this fund raising comes nearly after 3 years.

Snapdeal founders Kunal Bahl and Rohit Bansal booked for delivering fake products

According to reports, Rajasthan Police has filed a case against the founders of the e-commerce website, Kunal Bahl and Rohit Bansal, for delivering fake ‘Woodland’ products to a local Congress leader. Snapdeal is under fire again, this time for allegedly…

Snapdeal 2.0: Revival of a Unicorn

Snapdeal which was going through rough waters in 2017, came back in the game with its revival plan 2.0. “We are building a company in the most hyper-competitive e-commerce market in the world, up against not one, not two, but…

India story turns bitter for Amazon & Wal-Mart

The Department of Industrial Policy & Promotion has made policy changes that tip the balance in favour of brick-and-mortar retailers at the expense of e-commerce firms Brick-and mortar retailers who have been protesting against ‘unfair practices’ like deep discounting by…