Ola founder Bhavish Aggarwal fights to avoid Flipkart’s fate

bhavishaggarwalola

In dealing with investors, Ola’s Bhavish Aggarwal has been ahead of the curve compared with other top entrepreneurs Bengaluru: It is well-known that Ola co-founder and chief executive Bhavish Aggarwal used to obsessively track the strategy and tactics deployed by Travis Kalanick, the co-founder of Uber. What isn’t that well-known is that the goings-on at Ola’s neighbour, Flipkart, and Snapdeal have left more of a mark on Aggarwal. Flipkart and Ola count SoftBank Group Corp. and Tiger Global Management as their two largest shareholders. After several missteps by co-founders Bansals, investors…

Read More

Snapdeal in talks with rivals Flipkart, Paytm for potential sale: Report

Snapdeal in talks with rivals Flipkart, Paytm for potential sale: Report

Online marketplace Snapdeal is in chats with household rivals Paytm E-Commerce Pvt Ltd and Flipkart for a potential deal, Indian every day business daily paper Mint investigated Wednesday, refering to sources. In any case, a Snapdeal representative prevented the report from claiming deal converses with Paytm and Flipkart, as per the daily paper. “Your data is wrong and without premise. We are gaining conclusive ground in our excursion towards gainfulness and every one of our endeavors are adjusted toward this path”, the representative said in an email to Mint. Japan’s…

Read More