Posts filtered by tags: Apoorva Mehta[x]


From Elon Musk to Tim Cook, here's where the world's most influential tech founders and CEOs went to college — and what they studied

College is where many figure out what they're actually interested in and determine the career they want to pursue. We researched the degrees and schools attended by well-known tech CEOs, many of whom launched their companies or landed on the idea for their first startup while studying at college. Here's where 52 CEOs and founders in the tech industry went to school, and what they studied. Visit Business Insider's homepage for more stories. For new college students, choosing a major can feel l...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Europe, Elon Musk, Cook, Sweden, Maryland, Microsoft, Yahoo, Mba, Stanford, India, Satya Nadella, Trends

The year of the gig worker uprising

2019 was a momentous year for gig workers. While the likes of Uber, Lyft, Instacart and DoorDash rely on these workers for their respective core services, the pay does not match how much they’re worth — which is a lot. It’s this issue that lies at the root of gig workers’ demands. “This past year has been a pivotal year not only for gig workers but for workers across the tech economy,” Gig Workers Rising co-organizer Lauren Casey told TechCrunch. “That unto itself is a win — to see mass mo...
Tags: Amazon, TC, Lyft, Uber, Labor, Tech, Diversity, Instacart, Sarah, Doordash, U S Department of Labor, Working Washington, Apoorva Mehta, Uber Lyft Instacart, Gig workers, Lauren Casey

Instacart rolls out an Instant Cashout feature for shoppers

Instacart is today launching a new feature aimed at allowing shoppers to access their earnings more quickly, the company announced this morning. Instant Cashout, as the option is called, was built in partnership with payments platform Stripe and is being made available to shoppers in-app for instant transfers to a debit card. Previously, workers would have to wait a week to get paid. With Instant Cashout, they can instead opt to have their pay immediately transferred to a debit card. The company...
Tags: Ecommerce, Tech, E-commerce, Payments, Stripe, Instacart, Grocery Delivery, Delivery Service, Boston Mass, Shoppers, Apoorva Mehta, Instant Cashout

Daily Crunch: Instacart CEO apologizes

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Instacart CEO apologizes for tipping debacle On the heels of a recently filed class-action lawsuit over wages and tips, as well as drivers and shoppers speaking out about Instacart’s alleged practices of subsidizing wages with tips, Instacart is taking steps to ensure tips are counted separately from ...
Tags: Facebook, Ecommerce, Uber, Spotify, Microsoft, Germany, Tech, Skype, Instacart, Match Group, Sequoia, Gustav Söderström, Aurora Aurora, Google Tesla, Apoorva Mehta, Daily Crunch

After Facing Class-Action Lawsuit, Instacart CEO Says It's Taking Steps To Ensure Tips Are Counted Separately From Wages

An anonymous reader quotes a report from TechCrunch: On the heels of a recently-filed class action lawsuit over wages and tips, as well as drivers and shoppers speaking out about Instacart's alleged practices of subsidizing wages with tips, Instacart is taking steps to ensure tips are counted separately from what Instacart pays shoppers. In a blog post today, Instacart CEO Apoorva Mehta said all shoppers will now have a guaranteed higher base compensation, paid by Instacart. Depending on the reg...
Tags: Tech, Instacart, Mehta, Apoorva Mehta, Instacart Depending

Instacart is reversing a controversial payment policy that workers say drastically cut their wages

Instacart is reversing a controversial payment policy that workers say drastically cut their wages. In a blog post published on Wednesday, Instacart's CEO Apoorva Mehta said that the company had "fallen short" in delivering its promises to shoppers. The  company will be increasing its minimum payment fee to between $7 and $10 and keeping customer tips separate from its own contribution. Some workers are still dubious as to whether Instacart will deliver on its promises.  Instacart shop...
Tags: Japan, Trends, Instacart, Mehta, Telles, Apoorva Mehta, Matthew Telles, Debi L

Instacart adjusts worker pay after uproar over tipping policy

Instacart is changing a controversial policy on how it pays workers who pick and deliver grocery orders, after protests over a pay system instituted last fall. The San Francisco-based startup said it would give workers the full tips from customers and stop docking parts of gratuity from fees Instacart pays them. It will also offer back pay. The retreat illustrates a delicate balance gig-economy startups struggle to maintain between keeping prices low for customers and paying their workers fairly...
Tags: Business, San Francisco, Sport, Soccer, Instacart, Tacoma Washington, Mehta, Apoorva Mehta, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT

Instacart CEO apologizes for tipping debacle

On the heels of a recently-filed class action lawsuit over wages and tips, as well as drivers and shoppers speaking out about Instacart’s alleged practices of subsidizing wages with tips, Instacart is taking steps to ensure tips are counted separately from what Instacart pays shoppers. In a blog post today, Instacart CEO Apoorva Mehta said all shoppers will now have a guaranteed higher base compensation, paid by Instacart. Depending on the region, Instacart says it will pay shoppers between $...
Tags: Startups, TC, Washington, Tech, Reddit, North America, Instacart, Mehta, Apoorva Mehta, Instacart Instacart, Instacart Depending, Instacart While Instacart

Instacart workers are fighting back against a policy change they say drastically cut their wages

Instacart shoppers are rallying against a new payment policy structure that they say has resulted in cuts to their earnings. These shoppers are urging customers to leave the minimum tip on an order and then tip in cash once the order has been delivered. They say that this ensures that they receive the full value of the tip, rather than it being absorbed into what Instacart pays them.  Instacart shoppers are rallying against a new payment policy change.  A new petition put forth by over 150 s...
Tags: Amazon, Trends, Instacart, Business Insider, Hahn, Telles, David Hahn, Apoorva Mehta, Matthew Telles

The 10 largest US venture rounds of 2018

Three U.S. companies raised more than $1 billion in just one funding round in 2018, a year in which total deal value for U.S. startups is expected to surpass $100 billion for the first time. For the most part, it was the usual suspects, and yes, SoftBank was an accessory in many of these rounds. Here’s a look at the 10 largest venture rounds of 2018. Epic Games: $1.25 billion The video game Fortnite Battle Royale was the star of the year 2018; more than 200 million players worldwide are regis...
Tags: Amazon, Startups, Lyft, Uber, New York, India, Softbank, Funding, US, San Francisco, Tech, Netflix, Canada, Atlantic, Middle East, Venture Capital

Instacart and Amazon-owned Whole Foods are parting ways

Instacart has announced this morning it will no longer be doing business with Whole Foods, a U.S. organic grocery chain the company launched a partnership with in 2014. This comes roughly one year after Amazon closed its $13.7 billion acquisition of Whole Foods; Amazon, of course, has its own grocery delivery service, AmazonFresh. Currently, Instacart has 1,415 in-store shoppers, or paid Instacart couriers, at 76 Whole Foods locations. 243 of those couriers, who exclusively deliver groceri...
Tags: Amazon, Food, TC, Whole Foods, Tech, Walmart, Ceo, Trade, Jeff Bezos, Sam, Instacart, Costco, Whole Foods Market, Kroger, Sams Club, Apoorva Mehta

Instacart's delivery partnership with Whole Foods is ending, killing hundreds of jobs

Whole Foods' groceries are no longer available for delivery on Instacart. In a blog post on Thursday, Instacart CEO Apoorva Mehta announced that the company's partnership with Whole Foods would be winding down.  Instacart had exclusive rights to Whole Foods delivery before the grocery chain was acquired by Amazon in June 2017. Whole Foods groceries are no longer available on Instacart. On Thursday, Instacart CEO A poorva Mehta announced in a blog post that the company had ended its delivery p...
Tags: Amazon, Whole Foods, US, San Francisco, Trends, Bloomberg, United States, Instacart, Kroger, Boomerang Commerce, Mehta, Amazon Join, Hariharan, Apoorva Mehta, Amazon Before, Amazon for Whole Foods

Instacart workers are threatening to boycott the company over a payment policy change that they say has cut their wages

Instacart, a grocery delivery company that relies on contract workers called "shoppers" to pick out and transport items to customers, announced at the beginning of November that it would be rolling out a new payment structure for those shoppers. The changes will be put into effect across the United States by the end of the year.   Hundreds of shoppers are now complaining online that the changes have resulted in cuts to their earnings. Many are also calling for a boycott of the company. An Inst...
Tags: Amazon, Facebook, Fresno, Trends, Customers, United States, Reddit, Boulder, Johnson, Seattle, Instacart, Costco, Business Insider, Jake Tapper, Mark Johnson, Boulder Colorado

These are the most successful companies to emerge from Y Combinator

Earlier this month, Brex, a credit card provider to startups, announced it had raised $125 million at a $1.1 billion valuation. The round was impressive for a couple of reasons. 1. The founders are a pair of 22-year-olds that had set out to build a virtual reality company before pivoting to payments. And 2. They had only completed Y Combinator, a well-known Silicon Valley startup accelerator, the year prior. Y Combinator is responsible for many successes in the startup world, certainly more...
Tags: Amazon, Startups, TC, Y Combinator, Drew Houston, Finance, Tech, Economy, Software, Gm, Dropbox, Zenefits, Reddit, Virtual Reality, Silicon Valley, Alexis Ohanian

Instacart raises another $600M at a $7.6B valuation

Instacart chief executive officer Apoorva Mehta wants every household in the U.S. to use Instacart, a grocery delivery service that allows shoppers to order from more than 300 retailers, including Kroger, Costco, Walmart and Sam’s Club, using its mobile app. Today, the company is taking a big leap toward that goal. San Francisco-based Instacart has raised $600 million at a $7.6 billion valuation, just six months after it brought in a $150 million round and roughly eight months after a $...
Tags: Startups, Ecommerce, Apps, Y Combinator, Funding, Toronto, San Francisco, Walmart, United States, Venture Capital, Andreessen Horowitz, Thrive Capital, Instacart, Costco, Cto, Kroger

Instacart expands ALDI partnership

After pilot programs in Atlanta, Dallas, Los Angeles and Chicago were “overwhelmingly positive,” per Instacart CEO Apoorva Mehta’s statement, the grocery delivery service has decided to expand its partnership with U.S. grocer ALDI. As of Thanksgiving, Instacart users in 35 states and 5,000 ZIP codes will be able to fill their virtual carts with ALDI groceries. ALDI is in the process of completing a $5 billion remodel, with plans to expand its store count to 2,500 in the next four years. Th...
Tags: TC, Ecommerce, Toronto, Tech, Walmart, Aldi, Chicago, Instacart, Kroger, Winnipeg, Walmart Canada, Apoorva Mehta, Atlanta Dallas Los Angeles

Instacart’s chief growth officer Elliot Shmukler is leaving

Elliot Shmukler, who joined Instacart in 2016 to lead product, is leaving the company to pursue early-stage investments, TechCrunch has learned — and confirmed with the grocery delivery service.  Shmukler was brought on as the company’s VP of product, but he’d recently transitioned into a new role, chief growth officer, before announcing his departure to staff.  A spokesperson from Instacart told TechCrunch that Shmukler confirmed his plans a month ago and outlined his second act as a priva...
Tags: Amazon, Food, TC, Ebay, Linkedin, Tech, Instacart, Wealthfront, Kroger, David Hahn, Personnel, Apoorva Mehta Instacart, Apoorva Mehta, Elliot Shmukler, Shmukler, LinkedIn At Instacart Shmukler

Israel Government Steers Drive to Bring in Bollywood Shoots

Bollywood actors Jacqueline Fernandez and Sushant Singh Rajput touched down in Tel Aviv last month, accompanied by an 80-strong crew, to shoot scenes for “Drive,” the first Hindi film to be set in Israel. The film, an Indian-style spin on “Fast and the Furious,” was partly funded by a number of Israeli government arms, including […]
Tags: News, Israel, Tel Aviv, Features, Jacqueline Fernandez, Michael Oren, Sushant Singh Rajput, Apoorva Mehta, Israel Government Steers Drive

In wake of Amazon/Whole Foods deal, Instacart has a challenging opportunity

 Yesterday, Amazon and Whole Foods ruined a perfectly slow news day on a Friday in June with the announcement that Amazon intends to buy Whole Foods for almost $14 billion. The most obvious victim of the deal was Instacart, in which Whole Foods invested and with whom Whole Foods has a five-year contract. But after talking to a few Instacart investors and other sources close to the company… Read More
Tags: Travel, Amazon, TC, Ecommerce, Whole Foods, Instacart, Grocery Delivery, Semil Shah, Canaan Partners, Apoorva Mehta, Amazon Whole Foods, Hrach Simonian

Instacart VP of operations Mike Swartz has left the company

 TechCrunch has learned that Mike Swartz, an operations veteran from Amazon who joined Instacart in February last year, has left the company. Instacart confirmed the departure. The departure comes at a time when Instacart is working out its place in the world after dealing with some controversy, including changing its tipping procedures that led to shopper backlash. Instacart operates in a… Read More
Tags: Amazon, Startups, TC, Mobile, Apps, Tech, Instacart, Apoorva Mehta, Mike Swartz

Forty Under 40: Apoorva Mehta, Instacart

Apoorva Mehta CEO, Instacart HQ: San Francisco What the company does: A startup that has allows consumers to get groceries delivered on-demand from a variety of stores. Accomplishments: A serial entrepreneur who started roughly 20 failed companies before founding Instacart in 2012, Mehta took an idea borne from the frustration he had in getting groceries in his neighborhood and turned that into Instacart. The company now employs more than 300 full-time employees and tens of thousands of part...
Tags: San Francisco, Instacart, Mehta, Apoorva Mehta Instacart, Apoorva Mehta