How Treebo is aiming for profitability by 2021 (and other top stories of the day)
When we check-in at any hotel, we expect clean rooms, bed sheets, towels, and toiletries all in place. And there's a complimentary breakfast at times as an added bonus! Since 2015, Treebo Hotels has been making this very experience even better.
In the last four years, Treebo has raised $57 million and is backed by SAIF Partners and Matrix India Partners. Founded by IIT Roorkee graduates Rahul Chaudhary, Sidharth Gupta, and Kadam Jeet Singh, Treebo's main focus lies on the budget hotel sector.
Now, the startup claims it will be profitable by 2021. Sidharth, in a conversation with YourStory, explains how it has reduced cash burn by 80 percent, and is looking at different revenue moats towards scale.
Adarsh and Shalini Jalan started NeoFoods in 2005. They sell products to chains across the world, and have connected 10,000 farmers to more than 2,000 Indian retailers, and thousands of retailers across the world.
In the last 10 years, 35-year-old Vimal has bolstered the learning curve of more than 3,500 engineering students by teaching them programming and other integrated technologies to make them job-ready.
Google will now also be a gaming company on Tuesday with the launch of its Stadia cloud service that lets people play console-quality video games on a web browser or smartphone.
Priyanka Chopra-backed Bumble’s Vice President of Strategy, Priti Joshi, talks about her journey with the company, and how it is trying to put women first when it comes to making important moves in life.
Among the other ride-sharing and taxi app companies that found themselves a spot in the global ranking were Uber, Grab, 99, DiDi, Gojek, BlaBlaCar, Lyft, and Yandex.
The textiles minister’s ‘Samarth’ scheme focusses on addressing skill gaps in apparel and garmenting, knitting, metal handicraft, textile and handloom, handicrafts, carpets, etc., in 18 Indian states.
Gurugram-based Grofers, which competes with the likes of BigBasket and Amazon Fresh in online grocery delivery is gearing up to hit the capital market with an IPO in the next three years.