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Will support startups with passionate founders: Ratan Tata

Tata group chairman emeritus Ratan Tata, a serial start-up investor, said on Wednesday that he will support startups that have founders who have passion to build sustainable company rather than scaling it up just to sell it. Tata has been investing in startups in India and abroad. Some of these firms include Snapdeal, Urban Ladder, CarDekho, Xiaomi, Ola, DogSpot.in, CashKaro, FirstCry and Teabox. “A founder who has a passion to stay with something and build it into a sustainable company is somebody I tend to support,” he said in an…

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Dear Startups, It’s Time to Be the Best, Not Just the Biggest

Launched in India in 2010, Ola has been one of the most successful companies here. It was the most funded startup in 2015, and it’s one of the few companies that has been able to compete with Uber. In September 2015, the company rolled out Ola Shuttle in Bengaluru and Gurgaon, essentially a private bus shuttle, with air-conditioned buses that offer Wi-Fi connectivity. They’ve expanded in scope, and now cover parts of Noida as well as part of a trial, but using them on a daily basis shows the gulf…

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Do Indian Startups Have a Service Problem?

Indians are notorious for being paranoid about spending money online. Few people even have cards to pay online in this country, and fewer still like to use them, which means that cash truly is king. Although a growing cadre of companies such as FreeCharge and Paytm are boldly predicting the death of cash, the actual experience of using these services shows how far we have to go before they earn the trust needed to hold on to our money. There are many reasons to actually use a virtual wallet –…

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