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@samidhas
Editor & Reporter, The Economic Times. Building @ETtech. πŸ”₯πŸ”₯Subscribe to ETtech newsletters https://t.co/YdhriWH4iE DMs open, πŸ“§πŸ“§ samidha.sharma@timesgroup.com
Apr 14, 2022 β€’ 4 tweets β€’ 2 min read
🚨🚨NEW: Will a duopoly with two of the players, Mensa and GlobalBees, taking a disproportionate share of capital lead to a major consolidation in the highly capitalised e-commerce roll-up sector? ⁦@prnvbal⁩ ⁦@SnehaShahET⁩ find out πŸ” m.economictimes.com/tech/technolog… Players like 10Club have explored a sale after raising $40m in debt and equity.. Upscalio has struggled too to shore up funds ( managed $15m recently but will be tough going forward)
Apr 12, 2022 β€’ 11 tweets β€’ 5 min read
Meesho lays off over 150 employees from grocery biz as it restructures vertical. The number may be higher per sources and could be as much as 400.. Company says it’s not more than 159 full time staff, ⁦@prnvbal⁩ ⁦@digbijaymishra1⁩ m.economictimes.com/tech/technolog… Meesho is the second well-funded, large startup, to go on a downsizing drive after edtech major Unacademy. @ETtech broke the news of 1,000 employees being affected by the retrenchment exercise at Unacademy. All the deets here m.economictimes.com/tech/startups/…, @Ta_rush @digbijaymishra1
Aug 26, 2020 β€’ 10 tweets β€’ 3 min read
#ETStartupAwards Quick thread on The Economic Times Startup Awards as many in the industry may want to know the process we follow.. Past jury members, and nominees would be aware, but as the awards get older and bigger, I found the need to put this note out.. 1/n The process begins approx 4 mnths before the jury meeting. 1st by compiling nominations we get from the ecosystem comprising more than 100 founders, investors,industry groups & key stakeholders.They submit multiple nominations online for all 8 categories, this year it was 9...2/n
Mar 23, 2020 β€’ 4 tweets β€’ 2 min read
Ecommerce players were forced to cancel/reschedule lakhs of orders for essential goods, food, groceries medicines on Sunday as local authorities and the police ordered them to shut warehouses, blocked trucks carrying supplies, @Alnoor_ET

tech.economictimes.indiatimes.com/news/internet/… .@Grofers cancelled or rescheduled 1.7 lakh orders on Sunday, it was the same for Bigbasket. Others like @1mgOfficial, Zomato & Swiggy also faced issues as their delivery partners were stopped by local authorities..