Cues from the Tinyowl merger: Indian VCs are cleaning house, on consolidation course

TinyOwl, the troubled Mumbai based start-up that was once the poster child of the so-called food technology sector, has decided to merge its barely two-year-old online food ordering service with another young start-up, Bengaluru-based hyperlocal delivery service Roadrunnr. Their combined services are expected to be available under a common brand, Runnr, by the end of the month, Mint reported this week.