Illustration: Rahul Awasthi Rebel Foods, India’s largest cloud kitchen chain, which operates Faasos, Oven Story, Firangi Bake, and Behrouz, is planning to use its kitchen infrastructure to expand beyond its own cooked meal brands, a top executive told ET. This will be done by diversifying into ready-to-cook kits, meats, packaged snacks, as well as scaling […]
CarDekho lays off 200 employees, up to 22.5% pay cut for rest
Online auto classifieds portal CarDekho has laid off around 200 employees, and initiated pay cuts across the board, making the Jaipur-headquartered company the latest in a series of well-funded startups that have retrenched staff in the wake of the Covid-19 pandemic. The development was first reported by digital news publication Entrackr, citing sources and an […]
ETtech Top 5: The co-founder title, Insta ads on TikTok, overstretched hospitals & more
Happy Monday! Do you think it’s okay to designate executives as co-founders even if they haven’t technically founded the company? That’s the question ETtech asked on a Twitter poll. And nearly two-thirds of the respondents said it’s not okay to pick hired executives as co-founders. @samidhas Do you think it’s okay to designate executives as […]
Startup executives who were named co-founders
Indian startups, including some unicorns, have accorded the coveted co-founder title to several executives who joined the company at later stages, underlining the importance given to experienced professionals as these firms scale. Food ordering platform Zomato did it for a second time when it elevated Mohit Gupta, the CEO of its food delivery business, as […]
India user base grew 120%; focus on developing culturally relevant products: Snapchat
Photo-messaging app Snapchat has seen significant growth in India business, and its daily active user base (DAU) in the country has jumped 120% year-on-year in March 2020, a senior company executive said. Speaking to PTI, Snap Inc Managing Director (International Markets) Nana Murugesan said the company has been expanding its team in India, which is […]
As Covid-19 rages, Mumbai ramps up critical health infra
After facing criticism in handling the coronavirus pandemic, Mumbai has ramped up its critical care facilities. The Brihanmumbai Municipal Corporation has expanded healthcare capacity for Covid-19 by thrice in a span of just two weeks. Makeshift care facilities called ‘Jumbo’ centres have come up in the city’s suburban exhibition grounds to tackle the surge in […]
Amazon India to push private brands in hygiene, safety products
With the ‘new normal’ being to live with the virus, Amazon India is pushing its private brands to cash in on the growing demand for products like face shields, digital thermometers, sanitizers of mobile phones, PPE kits, disposable gloves, and DIY (do-it-yourself) smart sanitizer dispensers. Based on global sale patterns of best selling items, Amazon‘s […]
Bihar parties go big on digital outreach
Political parties in Bihar are using digital platforms to stay in touch with their cadres ahead of the assembly polls. The ruling JDU’s senior leaders, including district presidents and MLAs/MLCs, have started using ‘Facebook Live’ to highlight the state government’s achievements, particularly the management of migrant workers at quarantine centres. “It was a good experience […]
Instagram eyes TikTok for fresh user acquisition, advertises on rival platform
TikTok’s closest rival, Instagram, is advertising on the short-video platform rather aggressively, even as ByteDance’s flagship company deals with controversies around misogynistic content on the app leading to a clamour for its ban and the biggest drop in its Android ratings in recent times. Experts in digital advertising call it a move to acquire new […]
Ecomm cart in fast lane, but may lose steam
Illustration: Rahul Awasthi Ecommerce majors Flipkart and Amazon are seeing a sharp recovery in sales as pent up demand for a range of non-essentials is restoring overall industry volumes lost during the nationwide lockdown to stall Covid-19. Brisk sales of smartphones, laptops, tablets, kitchen and home appliances– in the week since all items were permitted […]