Entrepreneur News Network

91trucks Restructures Business, Reduces Workforce and Shuts Stores Amid Commercial Vehicle Market Slowdown

Cofounders of 91 Trucks: (L-R) Vikas Sharma, Abhishek Gautam and Siddharth Sharma.

As per media reports, commercial vehicle marketplace startup 91trucks has undertaken a significant restructuring exercise, reducing its workforce and scaling back its offline retail operations as it adjusts to changing market conditions in India’s commercial vehicle sector. The company confirmed that it has implemented organizational changes and is sharpening its focus on key growth markets, … Read more

This Tamil Nadu Startup Lets Drivers Keep 100% of Their Fare — And Investors Are Betting It Can Outlast Ola and Uber’s Commission Model

Taxina Founders Story

While millions of Indian gig drivers absorb commissions of up to 40% per ride, a Salem-based startup backed by Tamil Nadu’s taxi unions is betting that the real disruption in ride-hailing isn’t a better app — it’s a fairer business model. For the better part of a decade, India’s ride-hailing economy has run on a … Read more