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Posts Tagged ‘ Snapdeal ’

Snapdeal hires ex-Zoomcar exec Mayank Jain as head of growth

Friday, April 29, 2016 | More »

Snapdeal
E-commerce marketplace Snapdeal, run by Gurgaon-based Jasper Infotech Pvt Ltd, has appointed former Zoomcar executive Mayank Jain as head of growth. Jain will lead user growth strategy and focus on harnessing the value of analytics, it said in a statement. “He brings on board a rich understanding ...

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Freecharge hires former Amazon executive as VP of payments

Snapdeal controlled digital payments platform Freecharge has roped in former Amazon India executive Fareed Jawad as vice president of payments and principal product architect. At Amazon, Jawad was the principal product architect, responsible for building the core payment processing infrastructure fo...

27 April, 2016 | More »

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Micro-delivery startup Milkbasket raises $500K from EVC, others

Gurgaon-based Aaidea solutions Pvt. Ltd, which runs micro-delivery grocery startup Milkbasket, has raised $500,000 (Rs 3.3 crore) in a pre-Series A funding round led by venture capital firm EVC Ventures. Chinese investors Peter Zou, CEO of YeahMobi, and Li Jian, founder of Zhu Dao Investments, also ...

26 April, 2016 | More »

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What PepperTap’s shutdown means for e-grocery business

India’s third-largest e-grocer PepperTap shutting shop reveals the challenge of running a tech startup, expanding aggressively and managing customer expectations as discounts recede with longer path to profitability. It also shines some light on the complexities related to the grocery vertical...

26 April, 2016 | More »

PepperTap

Why VC-backed PepperTap shut its hyperlocal grocery business

Gurgaon-based PepperTap began its online grocery delivery business in late 2014 and quickly expanded to become the third most heavily funded player after BigBasket and Grofers. Its end was equally quick. The startup late last week decided to shut down its main business after months of rapid expansio...

25 April, 2016 | More »

Nikesh Arora

Nikesh Arora’s India deals that SoftBank investors are seeking probe into

A group of SoftBank shareholders has demanded an internal probe into the actions of company president and COO Nikesh Arora for alleged conflict of interest and poor business decisions and has also asked for his “possible dismissal”. Among the deals highlighted by stakeholders are some of...

22 April, 2016 | More »

medicines

Maharashtra govt penalises Flipkart, Snapdeal & Amazon for e-tailing medicines

The Maharashtra government has taken action against e-commerce giants Snapdeal, Amazon and Flipkart which were selling medicines online without valid licences, Lok Sabha was informed today. “Food and Drug Administration, Maharashtra has taken regulatory action against Snapdeal, Amazon and Flip...

27 February, 2016 | More »

Alibaba

Why Alibaba wants to invest in competing Indian e-tailers

Chinese e-commerce titan Alibaba Group Holding Ltd seems to be fixated on acquiring interests in Indian e-commerce majors, especially those that directly compete with its global rival Amazon Inc. After backing Snapdeal and Paytm, recent news reports suggest that Alibaba is making a beeline to invest...

4 February, 2016 | More »

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FreeCharge launches wallet-linked virtual card FreeCharge Go

Snapdeal-controlled FreeCharge has launched a virtual card named Freecharge Go that can be used to make payments across websites in India. The card has been introduced in association with MasterCard and YES Bank. It is linked with FreeCharge wallet. Users can top up the card by adding money to FreeC...

21 January, 2016 | More »

Nikesh Arora

E-tailers must review the deep discounting model: Softbank’s Arora

Indian e-commerce players need to think how long they can continue with their “deep discounting models” and instead these startups should focus on better customer experience and satisfaction to excel and survive, SoftBank President Nikesh Arora said. The Chief Operating Officer of the Ja...

18 January, 2016 | More »

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