{"id":1382,"date":"2017-01-18T11:33:43","date_gmt":"2017-01-18T06:03:43","guid":{"rendered":"https:\/\/www.awfis.com\/?p=1382"},"modified":"2017-05-17T17:36:22","modified_gmt":"2017-05-17T12:06:22","slug":"indian-start-up-newsmakers-2016","status":"publish","type":"post","link":"https:\/\/www.awfis.com\/inspiration\/indian-start-up-newsmakers-2016","title":{"rendered":"A Review Of The Start-Up Newsmakers of 2016"},"content":{"rendered":"

The Indian start-up world is constantly changing, evolving and, rising. The start-up life revolves around time constraint, performance pressure, resource crunch and managing within limited budgets. Indian start-ups are slowly changing and making news for the right and wrong reasons. Fancy positions, pet-friendly office spaces<\/a>, and designations are the new \u2018it\u2019 thing in start-ups. However, enthusiasm and passion remain the driving force towards performance.<\/p>\n

2016 was a year of great change where many established their start-ups.\u00a0Many others shook their start-ups with drastic decisions only for us to realize that this start-up culture is here to stay!<\/p>\n

Here\u2019s a lowdown on a few big names that made news with their decisions in the start-up world in 2016:<\/strong><\/p>\n

1. Flipkart \u2013 Sachin & Binny Bansal<\/strong><\/p>\n

\"Source:
Source: Tech.Firstpost.com<\/figcaption><\/figure>\n

The famous twosome got everyone in a bit of a shock\u00a0 when, in a surprising town hall, Sachin Bansal admitted his inability to lead the company in its chosen direction. This happened amidst increasing competition from their two biggest competitors \u2013 Snapdeal and Amazon. \u00a0Not only this, he even renounced his active position as the CEO of the company to become the Chairman of the Board & so, co-founder Binny Bansal was appointed as the new CEO of Flipkart.<\/p>\n

2. Myntra – Ankit Nagori and Mukesh Bansal<\/strong><\/p>\n

\"FilpKart_Cover2_Yourstory\"
Source: Yourstory.com<\/figcaption><\/figure>\n

Flipkart\u2019s fashion arm, Myntra, followed suit when after 2 years of changing strategies (from only app based platform to app and web), they stuck to the basics \u2013 rebranding itself as one of the strongest contenders in Indian ecommerce fashion.<\/p>\n

Unexpectedly forerunners Ankit Nagori and Mukesh Bansal quit their position at Myntra focusing on ventures such as Curefit and Cult. This move came at a time when the business was having a good run.<\/p>\n

3. Housing.com \u2013 Abhishek Anand, Sanat Ghosh, and Ravish Naresh<\/strong><\/p>\n

\"Source.
Source. vccircle.in<\/figcaption><\/figure>\n

The infamous episode with CEO Rahul Yadav isn\u2019t the only one that made news for Housing.com. Co-founders Abhishek Anand, Sanat Ghosh, and Ravish Naresh departed too, reportedly\u00a0starting up\u00a0in HR management. Former employee Jaspreet Singh Saluja too gave up his\u00a0position to become the co-founder of a VR production house -Elyssian Studio.<\/p>\n

4. Times Group \u2013 Deepak Abott<\/strong><\/p>\n

Not much of a start-up much surely a newsmaker, the Times Group too has seen its shares of highs and lows. Times\u2019 global arm, Global Partners got a new CEO in the form of Rishi Jaitly. Deepak Abbot, who previously headed the department of Mobile Growth for Times Internet, bid farewell to the Times Group to join Paytm as a Senior Vice President.<\/p>\n

5. Intelligence Analytics \u2013 Rahul Yadav<\/strong><\/p>\n

\"Source:
Source: Yourstory.com<\/figcaption><\/figure>\n

Arguably one of the biggest newsmakers of 2016, Rahul Yadav started Intelligence Analytics to provide intelligent data aggregation and visualisation solutions to the Government of India, to make governance 100 times more efficient.<\/p>\n

Even though it was being backed by big names, the company failed to impress which made his partner quit to join Urban Clap.<\/p>\n

It is indeed interesting to follow this ecosystem where change seems to be the only constant leading to innovation and better opportunities for these young entrepreneurs.<\/p>\n

.<\/p>\n","protected":false},"excerpt":{"rendered":"

We take a look at the big names of the Indian start-up ecosystem who turned heads with their moves in 2016<\/p>\n","protected":false},"author":3,"featured_media":1389,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[103,124,133],"_links":{"self":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/posts\/1382"}],"collection":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/comments?post=1382"}],"version-history":[{"count":4,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/posts\/1382\/revisions"}],"predecessor-version":[{"id":2389,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/posts\/1382\/revisions\/2389"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/media\/1389"}],"wp:attachment":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/media?parent=1382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/categories?post=1382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/tags?post=1382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}