Authors Posts by Venkat Ananth

Venkat Ananth

Venkat Ananth
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Staff Writer

The Apple Pay rethink

In May 2016, when Apple CEO Tim Cook visited India, he made a big ticket announcement that got the country’s fintech community buzzing. Cook said that Apple wanted to bring its mobile payments and digital wallet service—Apple Pay—to India. The announcement came following his meeting with ICICI Bank CEO Chanda Kochhar in Mumbai, where Cook in his own words...

The lens is on Hotstar

Late last year, Ajit Mohan, the chief executive officer of Hotstar, Star India’s Over-The-Top (OTT) service, wrote an email to the employees, primarily to apprise them of key organisational changes. The email also delved a fair bit on Hotstar’s operations. Mohan listed out some of the biggest milestones Hotstar managed to achieve in November alone:Notable from Mohan’s email is...

Can Amazon crack groceries in India

For Vikram Kumar, an Amazon delivery executive in New Delhi, the last few months have been rather hectic. It’s eight pm on a chilly Friday evening, and Kumar is at my doorstep, delivering his penultimate order of the day. “Din mein aath ya dus order toh kar hi leta hoon sir,” he says. (“I manage to deliver eight to...

The QuikrJobs hypothesis

The truth about India is this: there are millions of jobs to be had. And the internet is a potent medium to land one. Over the last 15 years or so, a generation of young Indians has come to understand the idea of filtering through vacancies listed by companies on a website, uploading a resume and repeatedly checking their...

Google India’s 2017 Focus

Google’s chief executive Sundar Pichai took to the stage on 4 January in New Delhi, and announced two new initiatives — ‘Digital Unlocked’ and ‘My Business Websites’. For the gathered media, this was a departure from Google’s usual big ticket product launches. His audiences were elsewhere, perhaps in the bylanes of Chandni Chowk or even Zaveri Bazaar in Mumbai....

Delhivery is growing

Back in May 2011 when Delhivery began its operations, it was a hyperlocal food delivery startup in Gurugram. Three months later, the company pivoted and became an e-commerce logistics company, thereby cashing in on the online retail boom that was ushering in. Today, it is one of India's largest third-party e-commerce logistics and fulfillment startup, with clients like Flipkart,...

It’s not been business as usual

It was an eventful year for the Indian business, particularly in the last three months, thanks to grander narratives like demonetisation and the boardroom spat engulfing the Tatas. That said, there were other interesting trends.In one of our earliest stories, we wrote about Islamic finance, through a  company called Heera Gold and its somewhat murky practices. Turned out it...

The Chinese stratagems

The last weekend of September saw Bangalore’s Shangri-La hotel swarming with Chinese investors, entrepreneurs and translators. Over a two-day event, the visitors absorbed talks on India’s macroeconomics, financial regulations, savings and lending markets and dozens of demos by eager fintech startups looking to land some investors.The Chinese investors – about 18 of who had come to India including Baidu,...

Why India’s drug price regulator’s fate hangs in the balance

Pat came the reply, even before the question was posed.“It is up to the government to decide,” said a composed National Pharmaceuticals Pricing Authority (NPPA) chairman Bhupendra Singh.It was almost as if he knew what the question was. The chatter is constant, and speculation galore, that the power to regulate or cap drug prices in India is being wrested...

Is Hike India’s WhatsApp? WeChat? Snapchat?

Hike, the messenger app, is India's latest unicorn, valued at $1.4 billion after their latest round of funding in August '16. The company, which began operations in 2011, currently boasts a registered user base of 100 million, making it the second largest messenger app after WhatsApp in India.Company Name HikeOfficial Company Name, as per MCA records Hike LtdCEO Kavin Bharti MittalHeadquartered in New DelhiTotal...

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