Companies can’t have long-term life without digital roadmap: Ram Charan

Ram CharanEvery company that has a vision needs to be digitised because there is no long-term life without a digital roadmap, says renowned coach, speaker and author Ram Charan. And, for being relevant in the digital age, more investments are needed in technologies than focus on cheaper costs. In an exclusive conversation with Techcircle, Charan says […]

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ShopClues will be the first e-commerce company to become profitable in India: Sanjay Sethi

Sanjay Sethi, CEO, ShopClues.comWhile the Diwali season turned into a battle between Amazon, Snapdeal and Flipkart; ShopClues, run by Clues Network Pvt. Ltd., has been quietly chasing profitability. The Gurgaon-based firm is confident of registering EBIDTA (Earnings before Interest, Taxes, Depreciation and Amortization) profitability in the second quarter of next year on the back of higher margins, increasing […]

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MakeMyTrip, goibibo and redBus brands will co-exist, says Ashish Kashyap

Rajesh-Magow-and-Ashish-Kashyap3In February 2000, MakeMyTrip founder Deep Kalra walked out of eVentures’ office near Churchgate station in Mumbai as he was not happy with the valuation that Neeraj Bhargava, managing partner of eVentures India, offered his startup. But on his way to the airport, Kalra had a second thought. He picked up his phone and called […]

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It would be difficult to get a new buyer for AskMe: Sanjiv Gupta

Sanjiv-Gupta_feSanjiv Gupta, former managing director and CEO of Getit Infoservices Pvt. Ltd, that runs e-commerce brand AskMe, is engaged in a fierce battle with the controlling investor Malaysian digital services and telecom conglomerate Astro. AskMe suspended operations following a fund crunch when Astro stopped funding the company, leading to non-payment of salaries and dues. The […]

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90% of online wedding market is untapped, says Murugavel Janakiraman of bharatmatrimony.com

Murugavel JanakiramanOne of the earliest movers in the online matrimonial match-fixing space, Matrimony.com Pvt Ltd is all set for a listing in November. The company, which runs close to 300 matrimony and related online platforms including the flagship bharatmatrimony.com, is aiming to raise close to Rs 550 crore through its IPO. Launched in 1997, it took […]

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We won’t stop at 16% market share; we want 70%, says GOQii’s Vishal Gondal

Vishal-Gondal_GOQII3In a year when funding crunch has become a buzzword, Vishal Gondal, raised funds twice for his fitness technology venture GOQii. Last week, the startup raised an undisclosed amount from seasoned investor Ratan Tata and in February, the venture capital arm of Edelweiss Financial Services Pvt Ltd had invested in the firm. Gondal believes in […]

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Aim to turn profitable in six months, says Craftsvilla founder Manoj Gupta

Craftsvilla founder Manoj GuptaEthnic products e-tailer Craftsvilla has raised nearly $53 million from marquee investors such as Sequoia Capital, Nexus Venture Partners and Lightspeed Venture Partners. But the five-year-old startup, run by Kribha Handicrafts Pvt. Ltd, isn’t looking to mobilise more money anytime soon. Instead, it is turning its focus toward becoming profitable, says co-founder Manoj Gupta during […]

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