Prabhu Mallikarjunan

Articles By Prabhu Mallikarjunan

87 Articles

Ola share valued at $41,577, firm at $4.2 bn in US SEC filing

Home-grown cab aggregator Ola is now valued at $4.2 billion going by a filing with the US Securities and Exchange Commission on July 28 by Vanguard Group .

Ola, Ola cab, Ola can new feature, Ola on Lenovo Vibe K5 Note, OLA preview, Lenovo Vibe K5 Note OLA, Lenovo Vibe K5 Note OLA feature News

Wary of Uber, Ola eyes fresh funding round in $500 mn range

Ola, the home grown taxi aggregator, is in the final stages of raising a fresh round of funding in the $500 million range as it refurbishes its war chest...

Industry News

After deal with China’s Didi, Uber set to target Ola in India

After China fall, Uber may now look to free up all possible resources for a harder fight with Ola in India.

Uber Didi Chuxing deal, Uber Didi merger, Uber China Didi merger News

Angel funding for startups in India gets boost; rises to Rs 113.7 cr; Delhi-NCR preferred location

Earlier, Indian companies were building products that were accessible only in the global market. But now, companies are creating products that cater to both Indian and global markets

Industry News

Bengaluru-based startup BlackBuck looks to disrupt B2B logistics market

Apart from the regular GPS-enabled freight management, it offers features such as track and trace, truck mapping, verifications of trucks

Industry News

Amazon India gains big in Appwars as Flipkart, Snapdeal bleed

If Amazon India is adding customers at the rate of a million a month, Flipkart’s losing them even faster.

Industry News

Rajnikanth’s Kabali set to achieve several firsts

Kabali’s trailer has been watched by over 25 million viewers already

Entertainment News

Startups in India: How incubators can help

Young startup founders are not that experienced. Their businesses too demand a certain depth of expertise in areas like technology, marketing and creating value proposition. Here, incubators can assist them in their initial p

Startups in India: How incubators can help

E-commerce in India: Winner will get 85% markets share, says Seedfund’s Mahesh Murthy

Mahesh Murthy, co-founder of Seedfund, the early stage investment fund, which has over Rs 400 crore worth of assets under management...

E-commerce in India: Winner will get 85% markets share, says Seedfund’s Mahesh Murthy

Ola violates surge pricing rules in Bengaluru; Karnataka govt cracks whip

Karnataka’s transport department has sought to revoke the licence it issued to cab aggregator Ola after it found the company guilty of violating the Karnataka On Demand Transportation Technology Aggregator Rules, 2016, repo

ola News

Online lingerie retailer Zivame may open 50 offline stores by March ’17

Backed by marquee investors like IDG Ventures and Kalaari Capital, it had raised Rs 250 crore in July 2015 from Zodius Technology Fund, Khazanah Nasional Berhad and others.

Industry News

How healthcare tech start-ups will secure your future

According to a report by research firm Tracxn, until April, a total of $27 million has been invested in India in 2016, through 28 deals

Industry News

E-commerce in India: Alibaba Rakuten eyes foray

The e-retailer, which recorded a global transaction volume of about $1.1 trn in 2015, may reach India by Sept

alibaba News

Flipkart has changed; but will people still buy?

With Amazon India sn'app'ing at its heels, market leader Flipkart is in course correction ‘mode. From reshuffling roles of key people to trimming costs, re-working vendor commissions and reviving desktop websites, CEO Binny

Industry News

Ola cabs throws revenue challenge to Uber; check out how

Taxi and autorickshaw aggregator Ola has reported a turnover of Rs 380 crore for 2014-15, a sevenfold increase over the previous year when it had closed with Rs 51 crore.

Ola News

Why Geospatial Bill is draconian and how it will hurt startups

Last week, the Indian government rejected Google’s plans to map Indian cities, tourist spots and mountain ranges, using the 360-degree panoramic Google Street View feature.

Economy News

After used car sales, Droom set to drive into new vehicle segment; eyes foreign markets

Droom, the online marketplace for used automobiles started by Shopclues founder Sandeep Aggarwal, is set to launch new vehicle category by September this year.

Industry News

Fashalot looks to bridge online-offline shopping gap

Fashalot, a fashion store discovery platform with little more than one year in operation, is now looking at raising fresh funds to drive its expansion plans

Mobile News

Every single sector is extremely inefficient right now: Alok Goel

Alok Goel, managing director, SAIF Partners, who is on the board of start-ups like Little, Toppr and Walnut, speaks to FE's Prabhu Mallikarjunan about the slowdown in funding and the opportunities in the start-up space.

Industry News

Flipkart’s ‘Big Shopping Days’ sale sees slow start. Will banning of discounts by DIPP hurt?

Flipkart is running a three-day ‘Big Shopping Days’ sale which seem to have taken off without much ado.

Industry News

Fintech revolution in India: Tech-finance collaboration has fired up entrepreneurs

The growing collaboration between technology and finance has fired the imagination of entrepreneurs to come up with innovative solutions, thereby expanding the scope of India’s tech startups, reports Prabhu Mallikarjunan

sbi mobile wallet News

Uber shuts down two-wheeler taxi service in Bengaluru

After the Karnataka government cracked down on bike taxis associated with ride-hailing services, Uber Technologies, which continued to operate UberMoto service violating rules over the last two months, has finally shut it dow

Uber News

Rough ride for Ola, Uber drivers: Earnings fall 70% on lower incentives & stiff competition

A change in the incentive plan and hard-nosed competition among cabs have resulted in a rougher ride for Ola and Uber drivers.

ola cab, uber News

Amazon plans for India spell big, be it staff or space

E-commerce giant Amazon's Indian arm is on an expansion spree in Bengaluru

amazon News

Why education-tech startups will make a mark this season

India saw a new high of over 50 ed-tech deals in 2015, with the volume of deals up 315% from 2011. In 2016 it has witnessed 18 deals already, says CB Insights study

Industry News

Ola+Uber+Meru+Taxi For Sure in one app? Here’s what cab aggregator Cabto is doing

Cabto aggregates major cab providers’ data and filters cabs with estimated time of arrival and pricing, helping consumers to make an informed decision

Taxi News

Eyeing ecommerce cash cow: On CAG prod, Kerala to move on e-traders

VJ Gopakumar, deputy commissioner, office of the commissioner of commercial taxes said, “Flipkart, Myntra, Amazon, Snapdeal, Jabong and a couple of others have applied for registration.

Amazon, snapdeal, flipkart News