INDIA’S ECOMMERCE COMPANY SNAPDEAL SNAGS $200 MILLION AT $6.5 BILLION VALUATION

It is boom time in Indian e-commerce space. The heat is on for an epic race between Snapdeal, FlipKart and Amazon India. All 3 major players are vying to corner a piece of the lucrative Indian market that a Goldman Sachs report pegged at $100 billion (FY20201) reports the Economic Times. FlipKart and Amazon have invested hundreds of millions… Continue Reading


Punit Soni

Flipkart Hires Google’s Punit Soni As Chief Product Officer

Former Googler Punit Soni has left Silicon Valley to join Bangalore-based e-commerce company Flipkart as its Chief Product Officer according to The Business Insider. This is an interesting development since Soni has left a high-profile job at Google to join Flipkart, another high-profile company, whose valuation is over $10 billion. Flipkart raised $700 million in… Continue Reading