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Posts Tagged ‘ Tiger Global ’

B2B logistics startup BlackBuck to raise $10 mn from IFC

Thursday, January 19, 2017 | More »

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International Finance Corporation plans to make an equity investment of up to $10 million (Rs 68 crore) in logistics startup BlackBuck for a minority stake, the World Bank’s private-sector arm said. The investment will help BlackBuck, operated by Bangalore-based Zinka Logistics Solutions Pvt. Ltd,...

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Will a possible BigBasket-Grofers merger stave off competition from Amazon?

Online grocers BigBasket and Grofers have both rejected a media report of a possible merger. This has not prevented experts from speculating about what could probably be the biggest merger in the e-grocery segment. Such a consolidation would create an entity with a lion’s share of India’s expand...

16 January, 2017 | More »

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CommonFloor founders quit a year after merger with Quikr

Just over a year after online classifieds portal Quikr announced the acquisition of realty portal CommonFloor, the latter’s three co-founders have quit the merged entity. Sumit Jain, co-founder and former CEO of CommonFloor, confirmed the development to Techcircle, adding the “reason of movi...

16 January, 2017 | More »

Flipkart

Reshuffle continues at Flipkart as 3 more top-level execs resign

Two days after Flipkart appointed investor Tiger Global’s former executive Kalyan Krishnamurthy as its new CEO, three top management executives are reportedly leaving the company. According to a report by The Economic Times on Wednesday, Flipkart’s supply chain arm Ekart’s head Saikiran Krishn...

11 January, 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 »

BigBasket

BigBasket targets 45% revenue from private labels by March 2017

The country’s top online grocer, BigBasket, is ramping up its private label business eyeing higher margins. It expects private labels to contribute 45% to its overall revenue by March next year; currently, that number stands at 33%. Over the next three months, the Bangalore-based company will ...

22 December, 2016 | More »

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Health-tech startup Lybrate’s CEO on building the ‘Quora’ for health and growth plans

Lybrate Inc. is striving to become the go-to digital platform for patients to discuss health-related issues and for doctors to connect with one another. The health-tech startup allows users to book audio, video or in-person consultations with doctors and ask health-related questions for free through...

7 December, 2016 | More »

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Flipkart is already a leader and does not need a turnaround: Kalyan Krishnamurthy

Former Tiger Global executive Kalyan Krishnamurthy, who heads the key portfolios of retail, business development, advertising and products at Indian ecommerce firm Flipkart said he moved to the ecommerce major to stay the course rather than returning to the investment company. He said he has no imme...

5 December, 2016 | More »

Quikr

Quikr’s FY16 loss widens; other income props up revenue

Online classifieds site Quikr India Pvt. Ltd posted a wider loss for the year through March 2016, but the pace of increase slowed sharply as it controlled its expenses after expanding at a breakneck pace in previous years. Net loss for 2015-16 expanded to Rs 534 crore from Rs 446 crore the year befo...

2 December, 2016 | More »

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