Week Wrap Up: From a Variety of Apps Shutting Down to Swiggy Raising Billion-dollar Fund. Here's All You Need to Know

Stay tuned to get every day updates in 80 seconds
Entrepreneur Staff
2 min read

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Musings at the Best

Anand Mahindra is a funny man and it's visible on Twitter! The Mahindra CEO takes his WhatsApp forwards to Twitter and this year the one that made us laugh the most, was a video of a dancing Scorpio car.

Dead Apps

2018 was not so happening many tech apps. Apart from Yahoo messenger and Facebook’s teen app, a string of Google applications got killed due to lack of usage. (Please remove at the same time)

Leadership Inspiration

One person can’t build a billion-dollar empire alone. There’s a whole bunch of talented people behind the success. Alibaba Chairman Jack Ma stepped down as company chairman to allow the younger generation to take over leadership roles.

Employees Take a Stand

The year was not so happening for the tech companies. While Google employees all over the world walked out of their offices to stage protest over mishandling of sexual harassment accusations, Amazon employees chanted we are not robots.

Mega Funding

Swiggy emerged as the winner of funding game 2018. The foodtech platform, which joined the unicorn club earlier this year, recently raised $1 billion in series H round of funding led by existing investor Naspers.

Unicorns Showering

India witnessed a dramatic rise of unicorns in 2018. 8 Indian startups (Oyo Rooms, Zomato and Swiggy, Udaan, Byju's, Paytm Mall, Freshworks and Policybazaar) joined the billion-dollar valuation club this year, taking the Indian unicorn statistics to 18.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 80 seconds.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Are you paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.

Latest on Entrepreneur