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Posts Tagged ‘ Sachin Bansal ’

Stayzilla’s Vasupal files bail plea; startup world rallies behind him

Thursday, March 16, 2017 | More »

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Chennai-based homestay aggregator Stayzilla’s co-founder and chief executive Yogendra Vasupal, who was arrested on charges of defrauding a vendor, has filed for bail before Chennai’s Special Metropolitan Magistrate. Vasupal is currently at Chennai’s Puzhal Central Prison. Vasupal was arres...

Flipkart

Flipkart in talks to raise $1.5 bn from Microsoft, eBay and others

Home-grown ecommerce major Flipkart is in talks with a bunch of investors to raise a significantly large round of investment as the company has started seeing a renewed growth momentum under the new leadership of CEO Kalyan Krishnamurthy. The firm is in discussions with global tech giant Microsoft C...

22 February, 2017 | More »

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Med-tech startup SigTuple raises $5.8 mn from Accel, IDG Ventures, others

Medical-technology startup SigTuple Technologies Pvt. Ltd has raised $5.8 million (around Rs 38.8 crore) in a Series A funding round led by Accel Partners with participation from IDG Ventures, Endiya Partners, pi Ventures, VH Capital and Axilor Partners. A number of angel investors, including Flipka...

13 February, 2017 | More »

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Flipkart’s Sachin Bansal reiterates stand on ‘level playing field’ for local cos

E-commerce giant Flipkart’s co-founder Sachin Bansal has re-ignited the debate around a “level playing field” for Indian startups, saying it is essential to ensure that local companies don’t get “prematurely killed” by foreign competition. “Indian companies can and they...

9 February, 2017 | More »

Kalyan-Krishnamurthy

Will Tiger man Kalyan Krishnamurthy ride Flipkart out of trouble?

Shedding whatever remaining trappings of an advisory role, venture capital investor Tiger Global has taken direct control of Flipkart with the appointment of its former executive Kalyan Krishnamurthy as CEO of the e-commerce firm. Krishnamurthy will be responsible for the company’s profit and ...

11 January, 2017 | More »

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Flipkart names Kalyan Krishnamurthy new CEO, Binny Bansal Group CEO

E-commerce major Flipkart on Monday named Kalyan Krishnamurthy its new chief executive officer and made co-founder and current CEO Binny Bansal group CEO in a major organisational restructuring. Krishnamurthy, a former Tiger Global executive, currently heads the design organisation category. Co-foun...

9 January, 2017 | More »

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Flashback 2016: Flipkart braves markdowns, Amazon threat

A steep markdown in valuation, series of top-level exits, heightened competition and prolonged funding drought—India’s biggest e-commerce company Flipkart has had a tumultuous year, to put it mildly. In fact, this was the first year since 2011 when investors didn’t infuse any capital into ...

30 December, 2016 | More »

Amit Agarwal

Amazon to go all out in 2017, up India investments

Amazon is planning to ramp up its investment in India in the new year as it continues to take on home-grown e-commerce players Flipkart and Snapdeal. Amit Agarwal, Amazon’s India chief, in an interview with The Economic Times said the firm “will demonstrate massive scale in 2017,” investing he...

22 December, 2016 | More »

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Another exit at Flipkart; Sachin Bansal’s chief of staff Satyam Bansal joins Hotstar

In the midst of a flurry of exits from Flipkart comes the news of departure of Satyam Bansal, who was chairman Sachin Bansal’s chief of staff. A former director of digital marketing and alliances at the company, Satyam has joined digital video streaming company Hotstar as senior vice president, pa...

13 December, 2016 | More »

flip-ola

Should the government pay heed to Flipkart’s & Ola’s call for protection?

A nationalistic fervour has taken over the Indian startup world with two of the largest homegrown consumer internet companies seeking protection from resourceful global rivals. Co-founders of Flipkart and Ola have demanded a level-playing field for domestic companies and even suggested blockades aga...

8 December, 2016 | More »

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