B2B online marketplace Tolexo to lay off 300

layoff_tcOnline business goods marketplace Tolexo Online Pvt. Ltd will lay off 300 employees, or 85% of its workforce, according to a report by Business Standard. The report went on to add that the move is part of the company’s plans to wind up its online business to launch a completely new offline initiative. The company […]

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Tolexo hires Mayank Kamal to head supply chain

Mayank-Kamal_fTolexo.com, an e-commerce marketplace for business goods and supplies, has hired Mayank Kamal as the head of its supply chain vertical. Before joining Tolexo, Kamal co-founded hyperlocal logistics startup AyeSAP, as per details on his LinkedIn page. Prior to that, he headed logistics, operations excellence and training for Flipkart-owned fashion e-tailer Myntra. “He has a […]

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Tolexo hires Mayank Kamal to head supply chain

Mayank-Kamal_fTolexo.com, an e-commerce marketplace for business goods and supplies, has hired Mayank Kamal as the head of its supply chain vertical. Before joining Tolexo, Kamal co-founded hyperlocal logistics startup AyeSAP, as per details on his LinkedIn page. Prior to that, he headed logistics, operations excellence and training for Flipkart-owned fashion e-tailer Myntra. “He has a […]

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Exclusive: IndiaMART initiates talks with big investors to raise funding for new B2B e-com property Tolexo

IndiaMART InterMESH Ltd, which runs an online B2B platform for small and medium businesses connecting global buyers with suppliers under the brand IndiaMART, has initiated talks to raise as much as $200 million for its recently launched property Tolexo which enables online transactions, sources close to the development told Techcircle.in. It could not be immediately […]

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