12 Aug 2019

1. Ant Financial may set terms for Zomato’s $500 million round When Zomato last raised capital from Ant Financial, it had projected a revenue of Rs 1,004.9 crore in FY19 against a loss of Rs 766 crore. Zomato’s key stakeholder, Ant Financial, is likely to have a critical say…

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09 Aug 2019

1. Top VCs cut big cheques for idea stage startups Returning entrepreneurs, who have been a rare breed in India, had always found interest from VCs as they were safe bets, but top executives from large startups are increasingly able to rack up big rounds. Top venture capital investors,…

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08 Aug 2019

1. UPI usage soars, but Paytm share sinks Company cedes market share to Google Pay, PhonePe which registered around 300 million transactions each in July while Paytm clocked 140 million transactions. Paytm had around 16% share of the total UPI transactions of 822 million in July, while Google and…

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31 Jul 2019

1. Uber cuts 400 jobs globally, 20-25 in India After debuting in May at $45 for the initial public offering — translating to a market value of $82 billion — Uber shares went into reverse. At the end of the first quarter, Uber reported having 24,494 workers worldwide, with…

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06 May 2019
What is an API

API! Did you hear someone just mention it. So in this piece I will try my best to demystify “what’s an API”. Firstly let’s agree on this… Since we are humans, we need to socialize. And to socialize we need to communicate. Ok that sounds fine but what about…

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