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Kinnevik

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Post devaluation, Quikr is no longer a unicorn

Major shareholder Kinnevik, a Swedish investment firm, devalued Quikr by 45%, referring to the exaggerated revenue resulting from fraudulent transactions that rocked the company. Quikr is now......

Myntra acquires Jabong from Global Fashion Group

  'The acquisition of Jabong is a natural step in our journey to be India's largest fashion platform.' Flipkart-owned Myntra on Tuesday said it has acquired Jabong from Global Fashion Group......

How Flipkart pipped Snapdeal to bag Jabong

It took Flipkart a little over 24 hours to complete due diligence and come up with a final offer that was $20 million higher than what Snapdeal was ready to forfeit.     How did the......

Quikr raises Rs 365 crore, valued at Rs 1,800 crore

Online classifieds platform Quikr has raised $60 million (Rs 365 crore) in the latest round of funding, led by Tiger Global Management. This valued the venture at Rs 1,708-1,830 crore (Rs......

Jabong joins Global Fashion Group

Jabong, the fashion and lifestyle e-commerce portal, has joined hands with four other leading fashion e-commerce businesses present across 23 countries, to become a part of what will be known as......

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