Another markdown strike for Flipkart; valuation now at $5.37B
India's leading e-tailer, Flipkart, sees another markdown. A Morgan Stanley mutual fund has pegged the valuation of the e-commerce brand at $5.37 billion, down...
Zomato revives communal tandoor: Wants food brands to cook together
Restaurants aggregator Zomato probably wants to take a leaf out of traditional Indian customs of the communal tandoor. Once pretty popular, particularly in Punjab,...
Online fashion brand Zalora not exiting Philippines, Indonesia
Contrary to reports -- including on Techseen -- Southeast Asian online fashion platform, Zalora, is not exiting Philippines and Indonesia.Zalora Group CEO Parker Gundersen...
Online fashion brand Zalora to exit Philippines; Indonesia next
Southeast Asian fashion ecommerce company, Zalora, has been in the process of shutting shop in a few Asian countries. The company had retreated from...
Laid off at Snapdeal? Industry reaches out with help to affected employees
Amidst, funding crunch, and growing losses, Indian e-commerce platform Snapdeal, yesterday, announced that it will be relieving a huge number of its employees to...
Snapdeal an important cog in Indian startup wheel; don’t RIP yet
The past few weeks have been tough for Snapdeal and overall for the Indian e-commerce sector. News of verticals shutting down, people movement, exorbitant...