Dara Khosrowshahi, the man who took on the mantle as CEO of Uber five months ago, was in India for three days. On his last day, he spent time with a few Uber driver partners, writes Sindhu Kashyap. Selfies with the CEO, group photos, and a patient ear were the highlights of Dara’s first drivers' roundtable.
Chicago-based predictive supply chain startup FourKites raised $35 million in a funding round led by Silicon Valley-based venture capital firm August Capital, reports Sameer Ranjan. Existing investors Bain Capital Ventures and Hyde Park Venture Partners also participated in the funding round. With this round, Eric Carlborg, General Partner at August Capital, will join the FourKites board.
Paytm registered two new insurance companies under the name - Paytm Life Insurance Ltd and Paytm General Insurance Ltd with the Registrar of Companies, reports Tarush Bhalla. According to the Registrar of Companies, both these companies were registered on February 21, and have Vijay Shekhar Sharma, (Founder of parent One97 Communications); as a director in both entities.
Micro-delivery service startup for fresh groceries Doodhwala has received a seed investment of $2.2 million from Omnivore, a venture capitalist firm, for a minority stake in the company, writes Neha Jain. A hyperlocal delivery platform, Doodhwala is a subscription-based, delivery platform for all farm fresh groceries sourced directly from local farms and dairies and is present in Bengaluru and Pune.
Food ordering and delivery platform Swiggy launched a new service that enables users to plan and order their meals in advance, writes Athira A Nair. Named ‘Swiggy Scheduled’, this service lets you place orders at least two hours and maximum 48 hours in advance, with no extra costs, and there will be no delivery charges on the service.
Two friends from IIT Madras – Neelesh Rangwani and Vivek Gupta – figured it makes sense to connect business owners with available smart assistants, and came up with Wishup in 2015. Wishup hires, trains, and manages talented and experienced assistants to help you with repetitive and time-consuming tasks, for a fee of Rs 10,999 per month, writes Athira A Nair.