This is the story of a headstrong entrepreneur, who had his own ideas on how to run an e-commerce business but made the mistake of over-relying on venture capital funds and perished away. Indiaplaza, one of the pioneers in the online shopping platforms in India was founded by K Vaitheeswaran and his five friends in… (0 comment)
Snapdeal rejects Flipkart takeover offer (yet another homegrown ecommerce major) of roughly $700-800 mn as per Livemint attracting criticism from its shareholders according to some people well acquainted with the matter. The news comes just a few days after Flipkart completed its commercial and legal due diligence of Snapdeal. The reason for this rejection is… (0 comment)
As per a recent report, the Apple CEO Tim Cook almost kicked Uber out of the Apple App Store. Uber has consistently been trying to violate the App Store’s guidelines, and that’s what triggered the move, that’s why Apple Wanted To Fire Uber From Apple App Store. Back in 2014, the Uber CEO Travis Kalanick… (0 comment)
The Snapdeal-Flipkart merger talks initiated by its principal investor SoftBank makes an old news. The latest reports suggest that the Snapdeal apparently is on a severe cost cutting spree. Snapdeal cuts 60% Gurgaon Office To Cut Costs. The online marketplace Snapdeal has been suffering rigorous cash crunch for long. As a result, the company has bid… (0 comment)
In one of the most recent reports, Facebook claims that its Instagram stories have outperformed the SnapChat Stories. When Instagram rolled out its new stories feature, many believed that the Facebook has again shown their copy cat face. People thought that the move isn’t going to be a great success. But, if the recent revelation… (0 comment)
So getting its name to the list of freshly funded startups, Credihealth delivers it big. The Gurugram based health startup Credihealth Raises $1.5 Million Funding in a pre-Series A round. Credihealth Pvt. Ltd. is a Gurugram based medical assistant company serving since 2013. It started with a noble cause of helping people get the… (1 comment)
Swiggy Raise $50 Million: Swiggy is discussing an investment of $50 to $60 million with potential investors. The Bengaluru-based food startup currently is in talks with two major investors. The reported names are Naspers Ltd, the South African media company and Fosun International Ltd, a Chinese Conglomerate. The fresh funding round may also include the… (3 comments)
Suparn Pandey, one of the co-founders of ScoopWhoop indicted for sexual harassment in a recently lodged FIR. Just a little while ago we learned about the accusation on ‘The Viral Fever’ Co-founder and CEO Arunabh Kumar for sexual harassment by one of the employees. A series of social media allegations followed the denunciation constraining the… (0 comment)
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