Search Results for:Shrutika Verma and Mihir Dalal

India: Snapdeal’s Kunal Bahl admits to mistakes, to take 100% salary cut

Last year, Snapdeal’s founders drew total compensation of about Rs40 crore each.

The rise and fall of Rocket Internet in India

No other market illustrates Rocket’s decline more than India, one of the company’s most promising bets until last year.
Since the start of 2016, Rocket has sold Jabong and FabFurnish, two of its largest investments in the country, in a fire sale; its other holdings, Foodpanda and Printvenue are struggling to survive.

India’s e-commerce biggies put sales on hold to comply with new regulations

India’s largest online marketplaces Flipkart, Amazon India and Snapdeal have temporarily suspended their sales so as to comply with new e-commerce regulations that ban marketplaces from influencing product prices.

Badge of honour aside, what do Indian startups gain by recruiting from Silicon Valley?

For India’s top start-ups, recruiting from California’s Silicon Valley is like a badge of honour. If an Indian unicorn—a start-up valued at $1 billion or more—can attract senior technology and product talent from companies such as Google Inc., it means the start-up has truly arrived in the big league.

Fancy valuations of Indian e-commerce marketplaces run into policy hurdle

The government seeks to curb pricing power of e-tailers, responding to calls by brick-and-mortar store chains that can’t match the deep discounts that have propelled the exponential growth of online retail

After Snapdeal and Paytm, Alibaba now looks to buy stake in India’s Flipkart

If the Flipkart-Alibaba deal goes through, it will make Alibaba one of the three most important investors in India, along with Tiger Global Management and Japan’s SoftBank Group. SoftBank, Alibaba’s largest investor, is also Snapdeal’s biggest backer.

India: Flipkart names Binny Bansal CEO, Sachin Bansal executive chairman

India’s largest e-commerce platform has named co-founder Binny Bansal as the new chief executive officer (CEO), replacing Sachin Bansal, who will take on the role of executive chairman with immediate effect, the company said in a blog on Monday. Sachin Bansal announced the senior management change in an email… Read more »

Ola, Didi Kuaidi, Lyft, GrabTaxi in formidable global alliance to take on Uber

Customers will be able to use the apps of the 4 online taxi firms when in India, China, the US, Singapore and Southeast Asia

Non-unicorn portfolio firms scout for new investors as Tiger Global takes back seat

VC Tiger Global is reducing the number of start-up deals in India and is pushing for consolidation.

India: Oyo Rooms looks to buy struggling rival Zo Rooms

Zo Rooms, which is scrambling to raise a fresh round of funds in order to avoid being sold, three people familiar with the matter said.