November 10, 2015 - Zomato is on course to double revenue this financial year in line with investors' expectations, says CEO

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Blog Sree Vijaykumar From the Editor's Desk The recent hostage crisis at TinyOwl, where a founder was not allowed to leave the Pune office (which he had come to shut down) is indicative of the growing pains of Indian startups. It does set a precedent for burn-happy founders and VCs that 'hire and fire' is not as easy in India as it may be in Silicon Valley. This in combination with the layoffs at Zomato and other firms is also a definite indication that the funding environment is turning. Will this be the beginning of the bubble burst? - Comment Digital Zomato is on course to double revenue this financial year in line with investors’ expectations, says CEO He had warned the staff last week the firm may miss this fiscal year's target. 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 E-commerce search engine Skoov raises Rs 1 crore from individual investor It plans to raise $3 million in Series A round. Digital Housing.com promotes Abhishek Hota as chief of staff Abhishek Hota, who has been with Housing.com for almost two years, will report to newly-appointed CEO Jason Kothari. Digital Naukri.com parent Info Edge invests $1 million in beauty marketplace BigStylist The beauty services marketplace plans to expand to five cities. Digital Indian lifestyle e-commerce venture Koovs.com's London-listed parent plans to increase its stake in Indian arm Koovs plc, the parent of Indian lifestyle e-commerce venture Koovs.com, is planning to increase its holding in Indian arm Koovs Marketing Pvt Ltd (Koovs India), which operates as a wholesale supplier to Koovs.com, it is learnt. Retail Why global luxury brands do not realise Bengaluru's potential "Bengaluru has the highest propensity to spend,” said Sundaresan, founder and chief executive of Bengaluru-based luxury marketing company vMobo. Retail Why is Delhi buying everything online, but not jewellery? Online shopping might have hit retail shops hard, and the pinch is especially felt during the festive season. Retail Suburban mall offers the latest brands Following the primary goal of offering patrons trendy and global brands, Infiniti Malad will now open popular American multinational clothing and acce.. Retail Govt likely to clarify tax norms for e-commerce companies The government is likely to issue a clarification to end the confusion over e-commerce companies that operate marketplaces, so that states do not impose taxes on them. Telecom 4G LTE Isn't Just A Data Connection ; Here Is All You Need To Know About it. 4G Smartphone sales have gone through the roof – every Indian telecom operator has already launched or in process of launching their 4G services. However, many of us still think that 4G is just about high-speed data. This is simply not true. Here is we try to explain 4G in more detail! Telecom How Mobile Platforms are driving a true 'Digital India' Gender diversity can bring great value to an organization and its business strategy. With this in mind, mobile platforms are going beyond just being a means Telecom Apple takes lion's share of 4G handset market in India American tech giant Apple has the biggest share of the total 14.8 million 4G-enabled devices active across all important frequencies in the country, says a study by Nokia Networks. Among the top 15 4G models, Apple dev Telecom Telecom panel meets today to decide spectrum cap limit In a major relief for mobile operators, a department of telecommunications committee has recommended that while calculating the spectrum caps of operators post-sharing or trading... Finance Why the government’s gold monetisation schemes may just work The schemes’ hope is to meet Indian investors’ desire for exposure to the price of gold but alleviate the need to hold physical gold or improve the productivity of the gold held Finance What the market expects from Modi govt after Bihar verdict Market to Modi: Work with Opposition & states to push through reforms Finance IIFCL asks govt to reduce stake to 51% in bid to widen capital base IIFCL asks govt to cut holding, aims to present itself as an alternative source of finance for infra developers Finance Why Rajan Should Now Target Private Equity Private equity funds have made huge investments in real estate companies. ​​That's where the fun and games begin... Software China's biggest Internet search company, Baidu in talks to buy majority stake in India's Mydala for $100 million Baidu has expressed interest in acquiring majority interest in Mydala, Indias largest discount marketing firm, for as much as $100 million. Software Apple takes biggest share of the total 14.8 million 4G-enabled devices market in India American tech giant Apple has the biggest share of the total 14.8 million 4G-enabled devices active across all important frequencies in the country. Software Big data market to be worth $48.6 billion in 2019, says IDC Spending on technology and services related to big data is set to surge to nearly 50 billion by 2019, according a new report. Software Deloitte survey confirms addiction of Indians towards smartphones According to the Deloitte Survey, smartphones have become a necessity as checking their phones is one of the first and last things consumers do Ecommerce Baidu expresses interest in acquiring majority interest in Mydala, Indias largest discount marketing firm, for as much as $100 million Baidu has expressed interest in acquiring majority interest in Mydala, India’s largest discount marketing firm, for as much as $100 million. Ecommerce AskmeBazaar starts an online community to help sellers to interact and share insights on their experience doing business online AskmeBazaar has started an online community to help sellers to interact and share insights on their experience doing business online. Ecommerce We are making it extremely affordable for small businesses to go online: Shopmatic Interview with Anurag Avula, CEO and co-founder, Shopmatic. Ecommerce Trademark battle: H&M sends notice to Mumbai retailer HM Mega Brands H&M, which opened its first store in the country last month, has said that using the acronym "HM" amounts to trademark infringement. Franchise How not to be overwhelmed with your responsibilities when starting out as a franchisee - Franchise Info MUMBAI: Coimbatore-headquartered Suguna Foods is eyeing to become a Rs 10,000 crore company by 2017, on the back of huge expansion in all its verticals, including feed mill, retail and ready-to-cook business, a top company executive said today.       Franchise Franchisee Journey: From a dinner at Johnny Rockets to franchisee with two locations and plans to open up to six more - Entrepreneur MUMBAI: Coimbatore-headquartered Suguna Foods is eyeing to become a Rs 10,000 crore company by 2017, on the back of huge expansion in all its verticals, including feed mill, retail and ready-to-cook business, a top company executive said today.       HR Ruthless layoffs will make hiring tough for startups Layoffs over emails, town halls or through press releases at short notices before a festival betray immaturity, human resources experts said. HR Shipping Corporation of India Limited notifies recruitment The Shipping Corporation of India Limited has invited applications from candidates for filling up the posts of Deputy General Manager and Accounts Assistant. HR The flip side of outsourced jobs To glorify a routine call centre job by talking about its “high-stress environment” will be to simplify matters. To wax eloquent further on the “tension of alienation and the tension of success” will be worse. The fact HR Challenge for G20: Confronting the coming liquidity crisis At a time of looming financial upheaval, the grouping must stop attempting to tackle a broad array of issues simultaneously and go back to basics. Logistics Logistics player Connect India aims to reach the unreachable Last-mile delivery is the Achilles Heel of India's $17-billion e-commerce sector which experts ... Logistics India's second largest carrier challenging the number 1: Jet Airways to buy 75 fuel-efficient Boeings in its biggest order This year's edition of the biennial Dubai Airshow has been muted compared to the previous one, which generated business of up to $200 billion. Logistics Lufthansa strike: Airline cancels three flights out of India Germany\ Logistics AirAsia India says hasn't changed strategy, awaiting regulatory clarity AirAsia India, which began operations in June 2014, is a three-way joint venture between AirAsia Berhard, Tata Sons and Arun Bhatia's Telestra. Construction Office net absorption at record levels in Hyderabad Lack of quality ready space in key micro-markets at a desirable price has led to many corporations holding out on their leasing plans, despite the overall sentiments for business remaining positive, the report said. Construction Pre-leasing of office space up 75%, net absorption down 50% in September quarter The total absorption of grade A office space in Indias top eight cities was recorded at 5.4 million sq ft in the July-September quarter. Construction Embassy group ties up with Cornerstone to develop 100 acre land parcel Embassy Group has entered into an agreement with Cornerstone Group, a leading Bengaluru-based property group, to develop a 100 acre land parcel. Construction Suicide of builder unites real estate developers battling red tape The property industry’s push to revive a proposal meant to ease project approvals has gained momentum after developer Suraj Parmar’s suicide Marketing Ads affect half of India's online shoppers : Report MUMBAI: Advertising, peer influence and recommendations are the main factors driving online shopping in India, according to a new study. Marketing J. Walter Thompson Rebrands Social Wavelength as Mirum India : Report Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Marketing What’s for Dinner? The FOODPOCALYPSE : Pankaj Jain, 500 Startups by Pankaj Jain, 500 Startups The trouble that some Indian startups are facing is being touted as the harbinger of a coming apocalypse. What happened at TinyOwl in Pune with employees holding the founders hostage was an embarrassment to all of us. Dazo shutting down. Zomato laying off employee Marketing Jewellery Brands Prefer Digital Media For Festive Marketing Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Politics Agli baar, Nitish sarkar? Bihar CM could be a contender for the PM post in 2019 The footsteps of India's future politics were heard in Patna. Narendra Modi better be wary: Nitish Kumar, just as day comes after night, is coming for him. Politics Outsourced campaign to missing dal on the plate: Eight reasons why BJP lost in Bihar Bihar was billed as the mother of all electoral battles and the BJP lost it miserably. Here are some matters that could have impacted its prospects Politics ‘Haathi chale Bihar,… bhaunken hazaar’: Shatrughan Sinha returns fire at Vijayvargiya Shatrughan Sinha just escalated his tiff with the BJP as he responded to an insult hurled at him by BJP leader Vijayvargiya. Politics Master strategist or just plain lucky? In hindsight, Nitish Kumar appears to be a genius Only two years ago, every step Nitish Kumar took reversed his political fortune. Sports BCCI wants to invite Pakistan for ODI and T20 series next month, will ask Govt The board is keen to host five ODIs and two T20 international games with Pakistan in December. Sports India retain second spot in latest ODI rankings Despite series defeat to South Africa, India have retained their second spot. Sports Suresh Raina demoted to Grade B in player contracts for 2015-16 Suresh Raina's name was inadvertently omitted on the BCCI's website before the Board issued a clarification. Sports BCCI wants more clarity on commentary issue Anil Kumble, he has been removed as the BCCI technical committee chief, but his association with the Mumbai Indians links him to the cricket board. Entertainment I’m growing wiser: Huma Qureshi Huma Qureshi says that as an actress she sometimes overthinks and overanalyses things. However, she feels that she is “growing wiser” with time. Entertainment Salman Khan’s first audition for ‘Maine Pyaar Kiya’ was rejected by Sooraj Barjatya When a lean and absolutely raw Salman Khan arrived at Sooraj Barjatya's office for the first time, the master director was far from impressed. Read more. Entertainment I’d like to direct a film again: Hema Malini Hema Malini is proud that women are gradually making a mark as directors in the film industry and said that she would like to go behind the camera herself again. Entertainment Salman Khan’s ‘Prem Ratan Dhan Payo’ recovers 71 per cent of the film’s cost before release 'Prem Ratan Dhan Payo' was made at a cost of Rs 60 crore, however, the makers have already recovered Rs 57 crore. 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