Saturday 31 December 2016

Here's what startups want and why they are under intense scrutiny

THE ECONOMIC TIMES
Sun, Jan 01, 2017 | 10:33 AM IST

ET Sunday Wrap

Here's what startups want and why they are under intense scrutiny
As funding dries up and job cuts spread, startups find their business models under intense scrutiny, and their survival at stake.
India's fractured public transport system is a tempting opportunity for startup
In Mumbai, brothers Nikhil and Vikesh Agrawal, the founders of ride-sharing startup LiftO, are similarly bullish on their prospects.
Will the surge in digital payments sustain?
Market leader Paytm, backed by Alibaba, says it is currently processing 5 million transactions a day and added over 14 million users in November.
Why 2016 was a rough year for Indian startups
As investors snapped their purses shut, one-time favourite sectors ventures) saw funding dry up, as much touted startups withered in a hostile environment.
Foodtech resembled a startup graveyard in 2016
For the most part, the rise and fall of these business models can be attributed to the hype cycle entrepreneurs and investors fell prey to
Here are some fun facts associated with New Year's Day
The top 10 resolutions are to lose weight, eat more healthily, exercise, stop smoking, stick to a budget, save money, get more organised, be more patient, find a better job and to just be a better person over all.
Banks vs mobile wallets: The slugfest begins
UPI is a mobile payments system that allows users to transfer money across banks using their smartphones. Rolled out in August 2016, one can make online purchases and offline payments.
Investors are bullish on fashion etailers but only on those within striking distance of profits
In just six months, Mr Voonik, a personalised fashion app for men, has crossed 4 million downloads and is doing 10,000 orders daily, claims Ali.
Startups won't be the first choice on campus in 2017
In August 2016, the IIT placement committee, for the first time, barred 31 startups — including Grofers, Zomato, Portea Medical and Babajobs
ET Recommendation: Havells AP-22 Air Purifier - good performer but priced higher
Havells is the latest brand to launch products for the fast-growing air purifier market.
How countries keep track of their weather
In 1942, Winston Churchill ordered the petroleum warfare department to come up with an idea to tackle the problem of fog during airplane takeoffs.
Go vegetarian but in moderation
Coastal communities harvested abundant small shrimp and minor fish and dried them to use through the monsoons, cooked with the leafy vegetables.
In Israel, food is a fusion of flavours of happiness
Israel also offers surprisingly good wines. After all, the country's wine history dates back to biblical times. Golan Heights offers the best batches.
Adventures of Mark Twain in Virginia city
Mark Twain got challenged to a pistol duel at least four times, including by the editor of the Union, but he managed to escape each time.
Nitish Kumar plays demonetisation by ear
Uttar Pradesh Chief Minister Akhilesh Yadav too, although without any insistence from Nitish, did not join Mamata Banerjee's Lucknow rally.
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