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restructuring: Startups shuffle top deck, play to ace long-term profitability game

At Third Wave Coffee, founder Sushant Goel transitioned to a board role after former KFC India head Rajat Luthra was roped in as chief executive, effective April 1. "The journey of starting up and getting the company at a certain scale is very different from taking it to the next level," said a venture investor with a global firm. "These changes are ultimately healthy in the sense that these startups are reaching a particular level."
Sushant Goel Vijay Arisetty Azhar Iqubal Vineet Rao Ashish Sharma Sankar Bora

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Zomato platform fee: Zomato hikes platform fee for users to Rs 5; pauses intercity deliveries

The platform fee, which is a per-order flat charge, has been hiked in Zomatos main markets like National Capital Region, Bengaluru, Mumbai, Hyderabad and Lucknow. Sources said Zomato services 2.0-2.2 million orders per day, and a Re 1 increase for a large order base could add substantially to the companys earnings over a quarter.
Uttar Pradesh Andhra Pradesh Siddharth Jhawar Indian School Of Business Offering College National Capital Region

TikTok: Kyrgyzstan's TikTok block builds censorship fears

In her photography studio in the capital of Kyrgyzstan, Aku Sharsheeva, tried unsuccessfully to connect to TikTok this week. Sharsheeva had used TikTok, which has more than one billion monthly users worldwide and is owned by Chinese tech giant ByteDance, to market her photography business.
United States Aku Sharsheeva Azamat Asanov Kamchybek Tashiev Aigerim Bekbosunova Syymyk Zhyrgalbekov

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