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Posts Tagged ‘ Snapdeal ’

Nikesh Arora resigns from SoftBank

Tuesday, June 21, 2016 | More »

Nikesh Arora
SoftBank Group Corp said on Tuesday president and chief operating officer Nikesh Arora has decided to resign from the company, in a sudden end to the India-born executive’s tenure at the Japanese telecom and Internet conglomerate. The development comes a day after SoftBank gave Arora, who was tipp...

micle-adnani

Former Flipkart VP appointed CEO of fashion portal Styletag

Styletag, a portal for curated designer wear, has appointed former Flipkart vice president Michael Mehran Adnani as its CEO. Adnani will oversee the firm’s operations and spearhead its growth, a report by PTI said. A veteran in the e-commerce space, Adnani’s previous stint was as vice pr...

17 June, 2016 | More »

Mobiwik_by_mukul

MobiKwik and FreeCharge trade barbs as mobile wallet war gets nasty

Which is the number two mobile wallet company in the country? That question has sparked off an online spat between digital recharge platform and mobile wallet venture MobiKwik, run by One MobiKwik Systems Pvt Ltd, and Snapdeal-owned rival FreeCharge. A Nielsen report on mobile wallets released last ...

16 June, 2016 | More »

Alibaba

Alibaba in talks with Delhivery, Xpressbees to build India logistics arm

Chinese e-commerce major Alibaba Group is in talks with two Indian e-commerce logistics firms, Delhivery and Xpressbees, for potential investments to build a strong logistics infrastructure before launching its horizontal marketplace platform in the country. Citing two unnamed people aware of the de...

14 June, 2016 | More »

Amazon005

Amazon to ramp up India bet with $3 bn more

Amazon.com Inc founder and CEO Jeff Bezos said the company plans to invest $3 billion more in its India operations, as the US e-commerce giant strengthens its presence to take on domestic rivals such as Flipkart and Snapdeal. The additional planned investment takes the total amount that the company ...

8 June, 2016 | More »

VCCircle_Flipkart8

BCCL’s Brand Capital in talks to pick small stake in Flipkart

In what could be the third ad-for-equity deal for Bennett, Coleman and Company Ltd (BCCL) in Indian technology unicorns, the media conglomerate is in talks with Flipkart to pick a small stake in the e-commerce firm. BCCL has initiated discussions with Flipkart over a Rs 500 crore deal to pick an und...

4 June, 2016 | More »

Govind Rajan

We’ll focus on being a mobile payments firm, says FreeCharge’s Rajan

FreeCharge, the digital payments platform of Snapdeal, is increasingly playing an important role in the e-commerce company’s overall business strategy with both the entities cross-selling on each other’s platform. According to a Nielsen report, FreeCharge holds the second position– after P...

30 May, 2016 | More »

startups

Have Indian startups lost their charm for Silicon Valley hires?

If last year saw top tech executives in Silicon Valley being wooed by startups here, this year saw many of them quitting these Indian internet companies. While some were disenchanted by the startup environment in India, many were inspired to become entrepreneurs themselves. Snapdeal’s chief pr...

28 May, 2016 | More »

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Are Silicon Valley hires finding India too hot to handle?

Last year, bringing home top talent was the recurrent theme in the Indian startup community. Startups were the toast of the town, and flush with investor money, were convincing Indian talent to leave their jobs at top tech companies in Silicon Valley and return home. But the honeymoon seems to have ...

25 May, 2016 | More »

Anand Chandrasekaran

Looking for a better deal

The latest Silicon Valley hire to give up on Indian startups, Anand Chandrasekaran had joined Snapdeal as chief product officer in June 2015. Chandrasekaran had returned to India in 2014 to join Bharti Airtel as chief product officer after spending three years at Yahoo in California. A year later he...

25 May, 2016 | More »

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