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Posts Tagged ‘ Flipkart ’

Two senior executives resign from Snapdeal’s Bangalore centre

Saturday, March 18, 2017 | More »

Snapdeal
E-commerce firm Snapdeal, owned by Jasper Infotech Pvt. Ltd, continues to see senior-level churn. This time, the company’s two associate vice presidents Balaji Hariharan and Hemanth Kota have resigned, a report in The Economic Times stated citing people aware of the development. Hariharan serv...

Kanwal Rekhi

Why Inventus’ Kanwal Rekhi doesn’t regret giving Flipkart, Snapdeal a miss

Many moons ago, Kanwal Rekhi and John Dougery, the founding partners of Inventus Capital, carefully examined two fledgling e-commerce ventures but passed up the investment opportunity. The two startups—Flipkart and Snapdeal—have eventually gone on to become unicorns valued several billion dollar...

17 March, 2017 | More »

Latif Nathani

Exclusive: Former India head Latif Nathani quits eBay

Latif Nathani, who was heading eBay’s India business up until recently, has resigned from the company. Nathani served as the managing director and vice president of eBay India since May 2013 until last month when he moved back to the US. Nathani decided to move to the US for personal reasons, a pe...

17 March, 2017 | More »

myntra_fe

Myntra and Jabong to integrate back end, logistics functions

Flipkart-backed Myntra and Jabong will share the same logistics infrastructure by bringing together their back end and supply chain functions, a report in a financial daily stated. “Myntra logistics will also be one of the partners for Jabong which already uses Ekart for shipping,” The Economic ...

17 March, 2017 | More »

Myntra launches first offline store in Bengaluru to push private label brand

Myntra launches first offline store in Bengaluru to push private label brand

Nearly seven months after Myntra announced its intent to go offline, the Flipkart-backed online fashion and lifestyle e-tailer has launched its first offline store in Bengaluru. The 4,000 sq ft store, which will be open to the public tomorrow, would be an exclusive store for what Myntra claims to be...

16 March, 2017 | More »

For-Amazon-Amit-Agarwal-Story-TC_ThinkstockPhotos-1809439971

Exclusive: Amazon elevates India head Amit Agarwal

US-based Amazon.com, Inc. has elevated India chief Amit Agarwal to senior vice president (SVP), making him one of the few SVPs at the e-tailing giant globally, a person familiar with the development told VCCircle. The meatier role is a likely reward for Agarwal’s successful efforts in building...

16 March, 2017 | More »

Flipkart

Flipkart may raise $1.5 bn from Tencent and eBay

Homegrown e-commerce major Flipkart is in talks to raise $1.5 billion (Rs 10,000 crore) from Chinese Internet giant Tencent and US-based online selling platform eBay, a report in a financial daily stated citing three people aware of the development. The transaction may see Flipkart merge or acquire ...

16 March, 2017 | More »

For-Sriram-Venkataraman-Flipkart-Hiring-Story-TC_ThinkstockPhotos-51559605211

Exclusive: Flipkart appoints commerce platform finance head as CFO

Homegrown e-commerce major Flipkart has elevated Sriram Venkataraman, the chief financial officer of its commerce platform as the company’s finance chief. Venkataraman took over as CFO in January, a spokesperson told VCCircle, adding that this was part of the organisational changes made that month...

14 March, 2017 | More »

Ashish-Gupta

Exclusive: Flipkart’s Ashish Gupta joins Silicon Valley startup as India engineering head

Former vice president of engineering at Flipkart Ashish Gupta, who quit the Indian e-commerce major in February this year, has joined the Indian arm of US-based cloud enterprise storage startup Rubrik Inc as vice president of engineering. Gupta, who confirmed the development to VCCircle over a telep...

8 March, 2017 | More »

Flipkart

Flipkart to add 30% workforce in 2017

Amid massive job cuts in India’s fast-growing e-commerce industry, home-grown online marketplace Flipkart is planning to ramp up its hiring efforts, a media report said. The Times of India reported, citing unnamed sources, that the company will hire 20-30% additional workforce in 2017. It said tha...

6 March, 2017 | More »

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