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DEALSHARE HIRING
Cobranded credit card rush; threat of complete ban on offshore crypto appsHappy Friday! Banks are pushing the pedal on their cobranded credit card strategy as they gain traction through large consumer facing inter...- Dealshare names Kamaldeep Singh as CEO, third cofounder Sourjyendu Medda quitsThe appointment coincides with another Dealshare founder Sourjyendu leaving the company. Two other founders of the etailer, Vineet Rao and ...
- IT Q3 earnings off to a weak start; Dealshare’s new CEOThe third-quarter IT earnings for FY24 began on a weak note as TCS posted a low single-digit rise in net profit while Infosys saw its profi...
- Dealshare founder, president of retail business in race for CEO post“There is a review going on since Rao stepped down as the CEO. Singh and Medda are the two candidates from the existing management. But the...
- Dealshare cofounders Vineet Rao, Sankar Bora exit post rejigWhile Rao “stepped down” from his role of chief executive in July and was supposed to work with the board for hiring a new CEO, he has now ...
- Dealshare fires 130, shutters B2B vertical; SoftBank, Oyo parent Oravel partner for premium hotelsEcommerce platform Dealshare has sacked 130 employees and shut down its business-to-business vertical, just over a month after Vineet Rao s...
- Binny Bansal cashes out of Flipkart, Walmart stake hits nearly 80%; Dealshare CEO steps downSachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. N...
- Exclusive: Dealshare lays off 100 as Tiger Global-backed startup reworks business planAccording to sources aware of the matter, the company has seen a drop of over 30% in its annualised gross merchandise value (GMV) run rate ...
- Exclusive: Dealshare lays off 100 employees; Oyo eyes first profitable yearLast year, Dealshare expanded to 150 cities and towns across India as it chased growth above all else. Now, the company has laid off 100 em...
- Dealshare appoints Big Bazaar ex-chief as president of retail businessKamaldeep Singh will head the company's online and offline business and will report to Vineet Rao, cofounder and chief executive of Dealsha...
- IT firms eye deals worth $160B in Q1; Paytm announces Rs 850-crore share buybackThe bulk of the deals will come from American corporations, while a few will come from Europe and Asia-Pacific, even as high inflation and ...
- India saw 14 new unicorns in Jan-June; up from 13 year-on-year: TracxnIndia ranks third in overall unicorns created, with the United States in first position, followed by China, Tracxn added.
- Hiring intent remains strong among startups despite job cuts: SurveyThere is likely to be a 20-25% increase in hiring of mid-to-senior talent by well-funded startups in ongoing quarter compared with a year e...
- Dealshare appoints Venkatesh Tarakkad as new CFOAt Dealshare, he will be in charge of the company’s finances and supply chain operations. Tarakadd’s previous stints include Ecom Express, ...
- Dealshare raises $45 million from ADIA; valuation rises to $1.7 billionDealShare is now valued at over $1.7 billion.
- Startup biggies to double down on CXO hiringAccording to data shared by Xpheno, a specialist staffing firm, 100 to 120 CXOs are likely to be hired by these 130 unicorns and soonicorns...
- Swiggy to test social commerce for group buying of groceriesSwiggy has been conducting a combination of external as well as internal hiring – including for several technology roles - to build the ver...
- DealShare to invest $100 mn for scaling operations, hire 5,000 people"Currently, we are present in almost 900 pin codes across 5 states and over 45 cities. By the end of the year, we will hit a GMV ARR (annua...
- CityMall raises $22.5 million from General Catalyst, Jungle Ventures, othersCityMall, an e-commerce platform focused on smaller cities and towns, will use the fresh funding for hiring, technology and building a logi...
- E-commerce startup DealShare to hire 5,000 people by DecemberCurrently, DealShare has more than 300 direct employees. The company has close to two million subscribers, and the number is growing steadi...
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