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Posts Tagged ‘ Flipkart ’

Sachin and Binny Bansal will take Flipkart to greater heights, says outgoing CFO Sanjay Baweja

Friday, October 28, 2016 | More »

Sanjay Baweja
It has not been a great year for Flipkart so far. Markdowns by investors, constant struggle to retain leadership in the market thanks to fierce competition from an aggressive Amazon and failure to retain top talent internally—India’s largest ecommerce firm has been facing its demons. To add ...


After CFO’s exit, Flipkart makes interim changes in management structure

A day after its chief financial officer quit, India’s biggest e-commerce player Flipkart has made a few changes in its management structure in the interim. On Tuesday, Flipkart’s chief financial officer Sanjay Baweja had resigned after a two year stint with the Bengaluru-based e-tailer to take u...

26 October, 2016 | More »


Another high-profile exit from Flipkart; CFO Sanjay Baweja resigns

India’s largest e-commerce company Flipkart’s chief financial officer Sanjay Baweja has quit. A Flipkart spokesperson confirmed the development to TechCircle. Baweja had joined the firm, which is battling an aggressive Amazon Inc., in November 2014 leaving the post of CFO at Tata Communications....

25 October, 2016 | More »

Sanjay Sethi, CEO, ShopClues.com

The mad rush for GMV is over, says ShopClues CEO Sanjay Sethi

While the Diwali season turned into a battle between Amazon, Snapdeal and Flipkart; ShopClues, run by Clues Network Pvt. Ltd., has been quietly chasing profitability. The Gurgaon-based firm is confident of registering EBIDTA (Earnings before Interest, Taxes, Depreciation and Amortization) profitabil...

24 October, 2016 | More »


Apple alleges Amazon’s US site selling counterfeit products

Apple Inc., the maker of iPhones, has alleged that e-tailer Amazon.com Inc.’s site in the US is selling fake Apple products. The Cupertino, California-headquartered company has filed a federal lawsuit against an Amazon seller over what it calls as counterfeit products. According to a report by the...

21 October, 2016 | More »


Flipkart to launch offline stores to reach out to users in smaller cities

India’s largest e-commerce venture Flipkart is mulling over launching physical stores in smaller cities to attract more customers. Under its new project that it internally calls ‘assisted commerce’, Flipkart wants to cement its position as the preferred online retailer even in the remote citie...

21 October, 2016 | More »


Naspers: Master of consolidation in Indian Internet business

Consolidation is not an unfamiliar word for new-age Internet businesses. It signals a maturing of the industry after a burst of innovation backed by venture capital money. If the roughly decade-old history of Indian Internet industry is scanned, the real take-off with consumer adoption started only ...

20 October, 2016 | More »


Exclusive: ShopClues acquires two startups to build seller support

Gurgaon-based e-commerce firm ShopClues has acquired two startups to enhance support for merchants on its marketplace platform, according to one person familiar with the development. The acquisitions were made in the second quarter of this year, the person told Techcircle. “One startup has been ac...

17 October, 2016 | More »


Snapdeal hires ex-Groupon exec to lead engineering team for logistics

E-commerce marketplace Snapdeal has appointed former Groupon executive Pradeep Desai as its senior vice president (engineering), the Delhi-based firm said in a statement. Prior to his appointment at Snapdeal, which is run by Jasper Infotech Pvt. Ltd, Desai spent nearly three years at Groupon as a vi...

17 October, 2016 | More »

Punit Soni

Exclusive: Former Flipkart CPO Punit Soni invests in Innov8

Former Flipkart chief product officer (CPO) Punit Soni has invested an undisclosed amount of capital in Innov8, a sector agnostic co-working space. Innov8 is one of the three Indian companies selected by Y Combinator, a famous Silicon Valley incubator, for its summer batch of 2016. The other two sta...

14 October, 2016 | More »

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