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Subramanian Swamy writes to Corporate Affairs Ministry to save AskMeIn a letter to MCA Secretary Tapan Ray, Swamy asked the government to consider assisting askme.com to buy out the 98.5% shareholding of Mal...- AskMe shuts down, lays off 4,000 employeesAskMe wrote to the Ministry of Corporate Affairs and RoC, asking them to ensure that Astro Holdings does not exit the country without meeti...
- AskMe suspends operations, investor AENL to conduct forensic auditGetit, which now owns AskMe, has been tottering financially following a feud between its owner, Astro, and its minority shareholders.
- AskMe minority stakeholders at war with its Malaysian owner Astro Holdings"Despite best efforts of the board and management, AskMe, has been unable to meet its plans due to lack of scale, among other factors, said...
- GETIT Infoservices seeks to buyout stake of Astro HoldingsGETIT Infoservices which owns online classifieds portal AskMe and AskMebazaar has bid for a management buyout (MBO) of the 90% stake held b...
- MebelKart bets on 'localization' formula for online furniture retailMebelKart's premise is simple- as a platform it wants to connect buyers to furniture makers and suppliers in their locality and vicinity.
- Housefull pushes Mebelkart to court for fakesMumbai-based Housefull said it stopped selling its furniture on Mebelkart in February after the digital marketplace failed to clear dues of...
- As e-furniture companies try to take on Flipkart, Snapdeal, focus on sourcing locally'The focus is on sourcing locally and tightening the supply chain to serve a specific region to reduce costs of logistics and returns.
- Budget 2016: 'Hard working' budget for startups, could have been much betterEven if incremental steps have been taken, several contentious issues have not been tackled in Arun Jaitley's Budget 2016.
- Astro's Askmebazaar eyes billion-dollar valuationAstro has built a sizeable digital portfolio in India of over $200 million, of which Getit is the largest where it holds over 90% stake.
- Askme brings Twinkle Khanna on board for home décor tipsAskme recently entered the furniture segment with an investment of $20 million in online furniture company MebelKart.
- Home and lifestyle online marketplace Askmebazaar to enter fashion, travel spaces in 2016"We are keenly watching search queries and transactions in the entire ecosystem, and the fastest growing categories are fashion and travel,...
- Askme to invest $20 million in furniture etailer MebelKartAskme.com is going to invest $20 mn in online furniture marketplace MebelKart.com over the next three quarters in return for a majority sta...
- How startup founders are sealing deals over cups of coffeeNationwide, 'coffee pe charcha' (discussion over a cup of coffee) has become a serious business activity for emerging entrepreneurs.
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