October 21, 2015 - 'Every single time a transaction failed, it changed me as an entrepreneur': Interview with Freecharge founder Kunal Shah

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Blog Sree Vijaykumar From the Editor's Desk Prime Minister Modi and his media advisors made a big tactical error by not addressing the Dadri lynching case in time. Yes, it should not have happened in the first place, but purely from a communication perspective, the PM and his team had a chance to react better. What seemed like just another killing was not. Someone getting killed for eating something that many of us eat, strikes a chord similar to a plane crash. It could have been me, or someone I know. This is not news that would have just passed; the media would pick it up, and it did. A quick statement from the prime minister, strongly condemning the incident, would have prevented it from becoming the media circus that it ultimately became. Note how Obama's tweet about the Muslim boy arrested in a Texas school for building a harmless clock helped quell the issue there. What do all the foreign investors that Modi is courting (mostly beef-eating), feel about this issue now? The prime minister's media team needs to be more vigilant - Comment Digital 'Every single time a transaction failed, it changed me as an entrepreneur': Interview with Freecharge founder Kunal Shah The startup ecosystem in India has grown at a phenomenal rate as compared to few years back. ‘Startup’ is the word of 21st century. … Advt: Get qualified leads for your business TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money! Advt: Diamond India Ltd. introduces Limited Edition Sachin Tendulkar Swiss Silver Coins. Digital marketing is evolving everyday. Keep up with the latest trends. Digital Online tech education startup AcadGild set to announce first round of external funding AcadGild, the online technology education start-up founded by Vinod Dham – popularly k Digital Progress Software calls for entries from startups for its Incubator Programme Progress Software has called for applications from start-ups for its cohort programme, Digital Digital ad tech startup Adadyn, which has raised under $5 million in funding, aims $100 million in revenue in FY2017 Takes on Google, Facebook with self-service ad platform for small advertisers Digital Snapdeal hires Aircel CFO Anup Vikal as its new CFO Online marketplace Snapdeal, run by Gurgaon-based Jasper Infotech Pvt Ltd, has appointed Anup Vikal as its chief financial officer.   Retail Hyperlocal startups like Grofers, Pepper-Tap, TinyOwl reduce use of petty cash via prepaid cards Grofers, RoadRunnr and others have started using cards from a Bengaluru-based startup, Happay, which offers prepaid expense management solutions. Retail Smartphones put power to deal currencies into retail traders' hands "We are seeing a big number of clients who are not only mobile first, but mobile only," said Ivan Ashminov, Trade 212's co-founder. Retail UPA policy on FDI in multi-brand retail retained; BJP says won't approve any proposals BJP categorically declared that Narendra Modi-led BJP government at the Centre will not approve any FDI in multi-retail trade proposals during its tenure. Retail Amazonbusiness.in opens SMB platform in Bengaluru, Mangaluru An invite-only platform in May 2015, Amazon's B2B website provides products across eight categories at wholesale prices and bulk quantities. Telecom Exclusive: The story of Sam Pitroda and Indian telecom revolution Sam Pitroda today flayed the Narendra Modi government for snatching away all the credit for the digital revolution started by Rajiv Gandhi. Telecom Call drops: Telcos seek clarity on compensating subscribers Experts have raised concerns over the implementation of telecom regulator Trai's new rules regarding the compensation to consumers for call drops Telecom Govt likely to order audit of telecom firms News of the audits comes at a time when the telecom firms are already at the receiving end of govt’s crackdown on call drops Telecom Alcatel launches camera-centric phone Flash 2; evaluating plans to make in India The phone will be available only on Flipkart and will go on sale in India from next week. Finance How Indian companies are misusing public trusts to launder their CSR spending Public trusts are a favoured route to launder money because they are not adequately governed or monitored. Finance Mission Indradhanush at risk? RBI puts Indian Overseas Bank on watch due to poor finances The government might appear to have taken giant strides by its own yardstick, but going by the enormity of the situation they are just baby steps. Finance Railways ministry changing processes to speed up project execution The railways ministry has a capex target of Rs 1 lakh crore for the financial year Finance Foreign banks like HSBC, Citibank hire investigators in India to probe black money trail Sources said these internal investigators at banks would also scrutinise and report on current account holders with large bank balance. Software HCL acquires Volvo's tech business for $138 million : Wins IT deal worth $2 billion over the next five years HCL said it has signed a letter on intent with the Volvo Group for undertaking its infrastructure and operation services Software LinkedIn India's MD Nishant Rao to join Freshdesk as its COO Rao currently serves as the chairman of IAMAI and is also on the Advisory Board for the National Committee on Skill Development, CII. Software IT firms like Accenture, TCS spending millions to train workforce to meet increasing demand for digital services IT firms are spending ever larger sums of money as they enter a skilling arms race to keep pace with the increasing demand for digital services. Software Google reduces price of 'Google for Work' : Escalates attack on Microsoft If they dump Microsoft, Google will give them free use of a package of its competing software that normally costs $5 or $10 per user each month. Ecommerce Snapdeal hires former Aircel CFO Anup Vikal as finance head replacing Aakash Moondhra who left in April this year E-commerce major Snapdeal on Tuesday announced appointment of Anup Vikal as its chief financial officer. Ecommerce Bollywood actor Deepika Padukone launches her own fashion private label brand called "All About You" on fashion app Myntra Bollywood actor Deepika Padukone has launched her own fashion private label brand called "All About You" on fashion app Myntra. Ecommerce Kerala High Court quashes commercial tax department's order imposing more than Rs 49 crore penalty on Flipkart, Myntra Kerala High Court today held as illegal the commercial tax department's order imposing more than Rs 49 crore penalty on online traders Flipkart and Myntra. Ecommerce Attune Technologies Secures $10M Funding from Qualcomm and Norwest VP Attune Technologies has secured an amount of $10 million in Series B funding from Qualcomm Ventures, and Norwest Venture Partners. Franchise Franchisee Journey: From helping struggling businesses become successful to successful franchisee Darren Krerking never thought he'd go from working at corporate to being a franchise at City Wide Maintenance, but when the opportunity presented itself, he couldn't say no. Franchise Franchisee Newbies: What makes a great franchise location? If you are buying a retail franchise you need to understand the signs of a good location. HR IT firms like Accenture, TCS spending millions to train workforce to meet Global Standards IT firms are spending ever larger sums of money as they enter a skilling arms race to keep pace with the increasing demand for digital services. HR India adds 5.21 lakh jobs in a year Employment in eight sectors including IT/BPO, automobiles, gems & jewellery and textile rose ... HR Steel crisis grows as Tata confirms 1200 Jobs cuts Tata jobs to go in Scunthorpe and Scotland; one in six UK steelworkers face redundancy HR The critical barrier to global connectivity that Facebook and Zuckerberg forgot A lack of regular energy might be the bigger hurdle to staying connected in Africa Logistics Karnataka ranks No. 4 in road fatalities, police booked 55,138 cases of drunk driving last year in the state Last year, 10,444 persons lost their lives in road accidents in Kar nataka, which recorded the fourth highest number of fatalities in the country. Logistics India Inc may have to file monthly returns for business-to-business deals Foreign mobile app providers which have to register and take up an office to operate in India, will be able to file returns from outside the country. Logistics Indian airlines' balance-sheets to remain stressed in near term: ICRA Rating agency also says the industry is expected to continue to have significant funding requirements until the airlines are able to cut their debt Logistics 10 transport mobile apps that redefine mobility in Asia Central Government’s guidelines on taxi aggregators are a relief to Ola and Uber. But States can create own policies; it could complicate matters for them. Construction Office space absorption sees rise to 10.6 million square feet in September quarter Office space absorption during the July-September period increased marginally to 10.6 million sq ft compared to the previous quarter, says a survey. Construction Biggies consolidate office space market Darwinism is playing out in India's office space market. The demand for large offices is moving away from standalone buildings to integrated business parks. Construction Tata Housing close to raising Rs 3,200 crore for luxury projects The company is vetting final-stage proposals submitted by Macquarie, JP Morgan, Standard Chartered and Morgan Stanley, a pension fund and a sovereign wealth fund. Construction Bengaluru property market sees fresh boom due to Metro The long-awaited Bangalore Metro (Namma Metro in Kannada), which is expected to be completed by March 2016, has come as a boon for property developers. Marketing The 30 most powerful women in mobile advertising : a list LinkedInVox's Lindsay Nelson is on our list.Men tend to dominate the mobile advertising world.So each year we ask readers and companies to nominate who they Marketing Of Folk Songs, Babas and Marketing : India Reloaded Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Marketing The Economics of Using Uber in India : Deepak Shenoy by Deepak Shenoy, Capital Mind I’ve been taking a lot of Ubers and Olas to work. More Uber than Ola [1], and I get phenomenal conversations because I can speak in Kannada, which is apparently a rare thing in Bangalore, looking at the number of drivers who seem to be delighted. The economic Marketing Alia Bhatt Adds Pep To Standard As It Reinvents Itself For The Millennial Generation Politics Incidents like Dadri take place in UP because of poor law and order: Manohar Parrikar Defence Minister Manohar Parrikar on Tuesday held the Uttar Pradesh government responsible for the Dadri lynching incident, saying it occurred due to poor maintenance of law and order in the state. Politics Its growth agenda hit, why the BJP must mark a clear distance from the fringe The BJP needs to clear that misconception quickly. However, so far it appears a bit confused as to how to go about it. Warnings off and on have not worked. What makes matters worse for it is junior ministers and parliamentarians have been offering direct or indirect moral support to the fringe groups by their utterances. Even party spokespersons are seen to be siding with organisations like Sanatan Sanstha in television programmes. If the party has given a thought to the problem, it’s not visible yet. Politics Bihar Elections: Riding on Durga Puja spirit, Lalu Prasad coins new name for Modi – ‘political Ravana’ Bihar being in the grip of a Dusshera festival mood, leaders of rival political groups including RJD supremo Lalu Prasad Yadav on Tuesday used examples of slaying of Ravana to attack each other. Politics Bloom and gloom: Under Nitish, Bihar’s economy has pockets of brightness amid huge areas of darkness Nitish Kumar claimed that Bihar grew much faster than Modi’s Gujarat model. Sports Virender Sehwag retires from all forms of international cricket, IPL Virender Sehwag, after making his debut in 1999, represented India in 104 Tests and 251 ODIs. Sports ISL: NorthEast beat Chennaiyin 2-0 in ill-tempered match NorthEast won their first game of the season by beating Chennaiyin FC in a match that was marred by frayed tempers. Sports Virender Sehwag retires: Tributes pour in for the Delhi dasher on Twitter Virender Sehwag announced his retirement from all forms of cricket on Tuesday. Sports Mishra charged with assault on woman A woman has filed a case of physical assault against India legspinner Amit Mishra with the Bangalore police Entertainment Anil Kapoor is tougher and newer in the second season of ’24’: First look revealed Anil Kapoor is all set to grace the medium again with the highly anticipated second season of the show '24'. Entertainment Shiv Sena targets Pakistani actors Fawad Khan, Mahira Khan The Shiv Sena have vowed not to let the Pakistani actors Fawad Khan and Mahira Khan promote their upcoming films in Maharashtra. Entertainment I will take time to get used Twitter: Vidya Balan Vidya Balan, who joined the microblogging site recently, said that she is not yet used to the ways of tweeting frequently. Entertainment ‘The Force Awakens’ Star Wars fans, crashing online ticket sales 'Star Wars' fans were given the longest look yet at the upcoming "The Force Awakens" film. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India