From the Editor's Desk As I write from Bangalore (Microsoft Ventures), I see 2 very interesting trends from all the startups I spoke to. There's real innovation happening - it's moving from consumer apps to AI, there's IoT, there's B2B innovation, there's B2C innovation. This is great for India. And thanks to Tiger and Softbank and Alibaba to have triggered this at such speed. However, the moment you ask anyone about revenues, out come the vanity metrics - transaction volume, GMV, etc. Startups are well-trained in this too now. So, the dependency on funding and future rounds of funding is big as almost no one is even close to profitability. This puts several of these companies at risk. We should see a lot of consolidation happening in 2016. - Comment
After Paytm and Snapdeal, Alibaba now eyes stake in Flipkart for larger India e-commerce pie Share on FacebookShare on Twitter 4 February, 2016, New Delhi: After backing up two of India’s top online giants (Snapdeal and Paytm), Alibaba group now eyes at country’s another largest online market place, Flipkart. According to the report, Alibaba Group is exploring the acquisition of a stake in India’s largest Internet firm Flipkart Ltd., reports ...
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Cisco acquires IoT services provider Jasper for $1.4 billion Cisco has acquired the IoT services platform provider Jasper for $1.4 billion reports Techcrunch. Post acquisition, Jasper will continue to operate as usual, while its founder & CEO Jahangir Mohammad, will lead Cisco’s newly formed IoT software business unit under Rowan Trollope, IoT and col
Kerala elections and sex scandals: Here’s why the Saritha S Nair case is not novel As the revelations made by Saritha S Nair pose a major threat to the poll prospects of the Congress-led United Democratic Front (UDF) in Kerala, stories of two other women that had upset the UDF apple cart in the past elections come to the fore.
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