January 14, 2016 - Chinese search engine giant Baidu looking for stakes in Indian startups like Zomato, Bookmyshow, Big Basket

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk So, Oyo Rooms has apparently now launched in Malaysia. I guess they have 'solved the problem' in India. Those were the actual words used by a co-founder of Housing.com last year ('solved' the housing problem). Look where they are now. Anyways, the only reason I can assume for such premature diversification for many Indian startups is some growth metric they have to hit to raise the next round of funding, where adding water through fatter hoses into more leaky buckets is easier to do than actually fixing the leaks. Short-term gain, long-term pain. Here's an example. Our team at TradeBriefs stayed at an Oyo Rooms property a couple of months ago. All the major promises such as uninterrupted power supply, working air conditioners, clean sheets were broken. So, they've lost us as a repeat customer for sure. Now imagine all this lost revenue from the thousands of others who might have similar experiences, revenue which could be had from India, while building a solid long-term business. Do the next round of investors care? - Comment Digital Chinese search engine giant Baidu looking for stakes in Indian startups like Zomato, Bookmyshow, Big Basket Chinese search engine company Baidu is looking for stakes in Indian startups like restaurant search and service provider Zomato, Online … Have a penchant for good content? Coming Soon This time it’s not personal!   Advt: Get qualified leads for your business TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money! Digital India on track to register entire 1.25 billion population using Aadhaar digital ID: World Bank India is on track to register its entire 1.25 billion population using its Aadhaar digital ID, the World Bank said today. 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Finance Govt may form panel to select start-ups eligible for incentives The board will be at the joint secretary level and will meet from time to time to vet the proposals Finance Congress gives six key suggestions on Start Up India policy The Congress suggestions were released by Jairam Ramesh who insisted before the NDA regime started focussing on ‘start ups, during UPA regime. Finance Will online pharmacies work in India, and are they even legal? The sector has attracted $92.6 million funding with over $70 million coming only in 2015 Software China's Baidu eyes Indian ecommerce start-ups including Zomato, BookMyShow and BigBasket The Nasdaq-listed company, which has a market cap of nearly $60 billion, is looking to buy "strategic stakes" in local startups. 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