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The constitutional amendment bill for rolling out the long-pending goods and services tax cleared the first hurdle with the legislation receiving LS approval on Wednesday. Here we take a look at what this much-anticipated indirect tax reform is all about and why you should care. What is GST? It is a tax levied when a […], a Rocket Internet-backed global, multi-location online food ordering marketplace (which operates under Hellofood brand in some markets), has raised $100 million funding led by global financial services giant Goldman Sachs, the company said. Existing investors including Rocket Internet also participated in the latest round. This round takes the total funding raised by Foodpanda to […]

This appraisal season startups are setting the bar at a whole new high when it comes to rewarding top talent. The best performers at some of these firms have seen pay packages double during this round of increments while at others, they will be taking home increments of 40-50% plus. This is apart from hefty […]

Flipkart’s decision to be available to customers only through its mobile app by next year, a growing crop of startups is considering tracing the path charted by India’s most valuable online retailer. At least half-a-dozen startups are firming plans to channel efforts and marketing dollars entirely on their mobile applications. Among these are local services […]

Phone Warrior Inc, which offers a spam control app by the same name and has recently added a local services search directory to its mobile number locator app Toost, has secured a pre-Series A round of funding from existing investor Lightspeed Venture PartnersIn December 2013, it had raised seed funding of around $550,000 from Lightspeed […]