ONLINE EDTECH FIRMS
Retail Pooling: Online, offline firms share staff to deliver food, groceries
Leading national and local supermarkets as well as e-grocers like Grofers and BigBasket are going to partner with food delivery apps Swiggy and Zomato, and other available resources of ecommerce firms in fashion and other segments which have currently shut down operations, the executives said.
Covid-19 impact: Ed-tech companies reap dividend as schools, universities go online
Online users who have enrolled with Simplilearn for cours...
Firms look for ways to keep home-based staff engaged
From virtual parties to food delivery, firms are going all out to fill the void left by ...
Coronavirus impact: Ecommerce operations resume but deliveries may move in slow lane
E-grocers BigBasket and Grofers, ecommerce firms Amazon and Flipkart, as well as B2B platforms Jumbotail and Udaan cautioned consumers and kirana stores to expect delayed deliveries as they deal with operational upheaval caused by the restriction on manufacturing and movement of goods, and people.
Firms may delay hiring for a quarter
Startups, though, are revising growth plans and consequently, hiring is mostly on hold. “Almost 50% of ongoing interviews, new requirements, onboardings have stopped for the last two weeks now, particularly in the IT sector,” said Kamal Karanth, cofounder of Xpheno, a staffing agency that focuses on hiring for tech services companies and startups.
Private, online and hi-tech: The coronavirus economy
As hundreds of millions of people worldwide are forced to stay in their homes and not travel abroad, the businesses that are helping them to adapt could lead to long-term changes in the economy.
World’s back office scrambles to stay online as India locks down
India’s data centers are vital for many global finance cos. Barclays has more than 20,000 staff in back offices.
BigBasket acquires micro-delivery firm, DailyNinja
The hyperlocal milk delivery segment was expected to see further consolidation over the next 9-12 months, driven by poor economics, complex supply chain and longer gestation period to profitability.
Ed-tech firms go on hiring spree, look at creating 3,000 new jobs next year
This sector has attracted more than $1.5 billion of investments. The most recent investors include Facebook, Tiger Global, Matrix Partners and GGV Capital.
Coding Ninjas bags Rs 37 cr from Info Edge
The Delhi-based company plans to use the money to scale up its online tech education, strengthen both its technology and content, and expand into new business territories.
Demo Day at Y Combinator goes online on fears of coronavirus
For years, Demo Day has hardly been a true unveiling. The top seed investors work to get early looks at the standout Y Combinator companies, and by the time Demo Day rolls around, they already know which ones they’d like to fund.
E-grocers delay and cancel orders as demand surges amid outbreak
Unable to handle a sudden surge in demand, India's two largest grocery players, BigBasket and Grofers, have started delaying orders by days and in some cases cancelling those, while also selectively shutting down certain delivery pin codes.
AI firm Entropik Tech seeks $10 million
Entropik’s online emotion intelligence SaaS platform, Affect Lab2.0, undertakes EEG brainwave mapping, eye tracking and facial expression analysis to support end-to-end consumer research for brands.
Budget's online education proposal to boost edtech sector
Ronnie Screwvala, co-founder and chairman at upGrad, said the company will be ramping up its business three times in light on the new government policy.
IRCTC shares crack 50% in 17 sessions; firm expects Rs 80 crore hit from coronavirus
The scrip tanked to Rs 950.35 on March 20 from Rs 1,952.45 on February 25.
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