Posts Tagged ‘ Arvind Singhal ’
Wednesday, November 9, 2016
Binu Paul & Dearton Thomas Hector
Year 2016 has not been a great period for Indian consumer internet companies. Not only has there been a sharp decline in the number of deals in this space, companies that saw large cheques and subsequent valuation jumps earlier are now facing what they dread the most – markdowns on their valuation...
Come October and it will be raining discounts online. E-commerce firms will come up with their annual big sales—Amazon’s Great India Sale, Flipkart’s Big Billion Day and Snapdeal’s Unbox Diwali—starting October 2 to 6. The discounts will range anywhere between 10% and 70% or more. This com...
30 September, 2016 |
Amazon has tripled its seller base from close to 40,000 a year ago, Flipkart is hiring 10,000 temporary staff, and Snapdeal is offering collateral-free loans worth Rs 1,000 crore to its sellers – a state of heightened activity is all too visible among Indian ecommerce companies ahead of the festiv...
16 September, 2016 |
I think this is a good strategic move from Flipkart. All e-commerce players in the country are now focusing on expanding their presence in the fashion segment. Consumer electronics goods offer them good gross merchandise value (GMV), but very little margin. After Myntra, Jabong is the second-largest...
26 July, 2016 |
The simmering discontent among its vendors seems to be compounding woes for Flipkart, which has, of late, been in the news for all the wrong reasons. Upset with the e-commerce company over the way it has unilaterally altered its commission system and is allegedly penalizing sellers for the return of...
25 June, 2016 |
Arvind Singhal, former chief executive of Ola-owned cab hailing service TaxiForSure (TFS), has joined online jewellery retailer BlueStone.com as COO, as per an update on his LinkedIn profile. Singhal had quit Ola in July, four months after he was elevated as TFS’ CEO. While Singhal could not b...
8 September, 2015 |
Arvind Singhal, the chief executive of Ola-owned cab hailing service TaxiForSure, has quit the company citing personal reasons. The move comes a little over two months after TaxiForSure’s co-founders Raghunandan G and Aprameya Radhakrishna moved on from the company, which was acquired by rival Ola...
9 July, 2015 |