Communications on layoffs should be handled sensitively, and not through town-halls, said independent human resource adviser Hema Ravichandar.
Cheetah Mobile’s investment may also help in GOQii’s expansion in China and on mobilie platforms such as the Mi user interface of Xiaomi.
One of the biggest challenges for Flipkart, Foodpanda and Uber is to contain the creeping instances of graft that tear into their businesses.
With approximately 3,300 autos empanelled with the company, Jugnoo competes with its bigger rival Ola which has close to 75,000 autos on its platform.
Online cashback and coupon site CashKaro.com has raised Rs 25 crore in Series A funding from venture capital firm Kalaari Capital.
The launch of the brand is aimed at helping the Nasdaq-listed MakeMy-Trip increase revenue contribution from hotels business.
As startups including Zomato and TinyOwl let go of employees because of changed strategies or shrinking funds, experts warn that the recent rush of layoffs could undermine hiring for India’s emerging businesses.
Zomato will return to basics in the form of focus on old-fashioned topline and bottomline as it reorients itself in anticipation of a tougher funding environment for startups, the biggest investor in the online restaurant guide said.
Several restaurants are marking up the prices of dishes on food-ordering websites and mobile applications, effectively increasing the bill before offering a discount on it.
Zomato had announced an investment in the Gurgaon-based Pickingo two months ago, but the deal was never sealed despite a term-sheet.
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