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Delhi University releases final cut-off list; admissions to undergraduate programmes to start today

New Delhi: The Delhi University (DU) on Monday released its fifth and final cut-off list as per schedule, and Lady Shri Ram (LSR) College for Women set its highest cut-off at 97.5 percent in the BA (Hons) Psychology course.

Representational image. AFP

The second highest cut-off is 97.25 percent for BA (Hons) Economics in the Hindu College, followed by 97 percent for BA (Hons) Journalism in LSR.

The admissions for the final list will begin on Tuesday and conclude on 19 July.

Most of the courses have been closed for the general category students in several DU colleges, according to the data released by the university.

Admissions for BCom (Hons) in Shri Ram College of Commerce and BA (Hons) English in Hindu College have been closed for all the categories.

The DU had announced its first cut-off on 23 June and the highest was 99.66 percent for BSc (Hons) Electronics in the SGTB Khalsa College.

“After the approval of admission by the respective colleges, the applicant has to make an online payment on the university’s website before the deadline,” said a release.

Further cut-offs might be announced, depending on the availability of seats, it added.

Published Date: Jul 18, 2017 07:30 am | Updated Date: Jul 18, 2017 07:30 am

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Delhi

AAP MLAs seeking appointment with LG 'ousted' by police: Somnath Bharti

AAP MLAs Somnath Bharti, S K Bagga were forced out of Anil Baijal’s house after they refused to leave following a meeting.

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AAP MLAs forced out of L-G's house

AAP MLAs Somnath Bharti, S K Bagga were forced out of Anil Baijal’s house after they refused to leave following a meeting.

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Delhi

Peek raises $23M and inks partnership with Google in push to digitize travel activities

Peek, a U.S. startup aiming to digitize the travel activities industry, has pulled a $23 million Series B round of financing and uncorked a partnership with Google that will help increase its visibility.

Founded in 2012 by Ruzwana Bashir (CEO) and Oskar Bruening (CTO), the startup describes itself as “OpenTable for the activities market” in that it aims to make booking activities as seamless and straightforward as a restaurant or even a flight.

Peek raised $10 million two years ago, and this new round is led by Cathay Innovation with participation from existing backers that include ex-Yelp COO Geoff Donaker, Kayak founder Paul English, 2BF and Manta Ray. Peek has plenty of well-known angel backers, including Pete Flint — founder of Trulia and NFX — former Google executive chairman Eric Schmidt and Twitter CEO Jack Dorsey. This new round takes it to $40 million from investors to date.

In addition to the money, the startup has announced a tie-up with Google that will see its inventory added to Google Search, Google Maps and Google Trips. That’s sure to help visibility and spike bookings, and it adds to other partnerships that Peek has struck with platforms that include Yelp.

Peek is taking aim at the global activities market which Bashir estimates is worth some $150 billion, with the U.S. being the most lucrative market on the planet.

“It hasn’t gone through the analog-to-digital transition like other industries,” she told TechCrunch in an interview. “So we’re building the infrastructure and software that emerged in other industries ten years ago.”

Peek’s business model is similar to two well-backed Asian companies, Klook — which has raised over $90 million from the likes of Sequoia China and Goldman Sachs — and KKDay, which was recently backed by Japanese travel giant H.I.S.. Despite that, Bashir said that the problem of digitizing the space isn’t just limited to Asia or emerging markets.

“When you look at businesses in the U.S., over 70% don’t have real-time online booking, you still have to call the business or email them,” she explained.

That’s an important point, and it underlines the approach that Peek has taken. Unlike its Asia-based rivals, the company has a dual approach which starts by offering booking software that allows travel companies to actually take bookings and sales online. It also allows them to run their businesses from mobile, which is increasingly important.

That’s the hook that gets them into Peek, and from there the company offers more services under its ‘Pro’ offering and also the consumer-facing platform that travelers (or, rather, action-seekers) can use to book activities. That distinction about ‘travelers’ is important since Bashir said that around one-third of Peek bookings come from people doing things in their own town, so not everyone is traveling.

Peek founders Oskar Bruening and Ruzwana Bashir.

Peek claims to offer 10,000 experiences in the U.S. and Mexico, while it has 500,000 reviews and ratings which are verified since users can only leave them if they have booked, paid-for and done their activity.

Bashir said, in addition, that the company’s software has scaled to handle “hundreds of millions of dollars” in booking volume. She declined to give specific financial details, including revenue and profit/loss, but did say that the company’s unit economics are “highly profitable” but it is seeking growth right now.

“Part of this round is allowing ourselves to go out and reach more businesses,” she added.

For now, Peek is keeping its focus on the U.S. but it has also expanded into Mexico since that is a well-trodden destination for U.S.-based travelers. That focus will continue following this round, with Bashir adamant that with an estimated two percent of activity spend taking place online, there’s plenty of potential growth to be had at home before tackling international markets.

She did, however, say that the decision to work with Cathay Innovation — which raised its inaugural $320 million fund last year — was partly borne out of an awareness that when it is time to overseas, the firm has experience and networks that will be helpful.

News Source = techcrunch.com

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