Billionaire Mukesh Ambani-led Reliance Industries is reportedly in talks to acquire online furniture marketplace Urban Ladder and daily milk delivery service Milkbasket in an attempt to get a hold of the e-commerce business. According to a report by the Times Of India, the Indian conglomerate is in an advanced stage of talking with Urban Ladder…
Tag: online business
Flipkart pushes for organizational changes, Adarsh Menon to lead a new initiative: Report
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•Flipkart is elevating Senior Vice President and Head of Private Brands, Electronics and Furniture, Adarsh Menon to lead a new business initiative. According to an email sent by Group CEO Kalyan Krishnamurthy to Flipkart employees, accessed by The Financial Express, Menon may head Flipkart’s B2B (business to business) initiative. The mail read, “Being one of…
Online businesses – some more funds to expand and thrive.
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•If you think that the e-commerce and online business space is facing the heat because of high burn rates, low margins & disappearing investments, have a re-look. There are some stronger players still attracting investments, and at hiringsquare.com, when we see investments in any business or a sector, we clearly assume that a decent chunk…