Transportation app Ola has roped in former SAB Miller India Managing Director Shalabh Seth as the chief executive officer of Ola Fleet Technologies, its wholly owned leasing subsidiary.
As Snapdeal's Chief Strategy and Investment Officer, Kothari will work alongside co-founders, Kunal Bahl and Rohit Bansal, in this key leadership role, Snapdeal said in a statement.
A hoax social media message claims that since Paytm is converting into a payments bank post January 15, users will not be able to transact with their Paytm wallet money
Snapchat, which has 150 million daily users globally, will book sales in countries where it has no local entity in Britain rather than routing them through lower tax jurisdictions like Ireland and Luxembourg as some other US tech companies do.
The highly competitive e-commerce market in India has driven players to offer steep discounts in a bid to snag market share. This in turn has raised concerns around profitability and dented valuations of many e-tailers including Flipkart.
The company also powers digital payments for LPG companies like Indane, Bharat Gas and HP.
The winning companies are SeekSherpa, LeanAgri and Ambee, in the areas of e-commerce, agriculture and health respectively.
Snapdeal, which is locked in an intense battle with rivals, Flipkart and Amazon, had started re-hauling its machinery last year and hopes to make returns on the investments starting this year.
"Our vision is to change the regular fitness regimes and upgrade it with a combination of new-age thinking and technology," said Arnav Kishore, CEO & founder of the Indian startup Boltt Sports Technologies.
Last year, Uber had introduced 'upfront fare' under which the company calculates and shows rates depending on expected time and distance of travel and local traffic. The fares fluctuate due to demand.
Aimed at enabling 150 million users in India to transact on its platform by early 2018, MobiKwik is setting up offices in 13 cities by the end of the first quarter of 2017.
Paytm has also introduced a feature - called "App Password" - that helps the user keep his/her Paytm account safe even if the phone is lost or misplaced.
Myntra, which was bought out by Flipkart in 2014 in an estimated Rs 2,000 crore deal, acquired Jabong from Global Fashion Group for $70 million in 2016.
2016 saw massive layoffs in start-ups, with Grofers, Ola, Quikr, Zomato, Askme and many more together handing out 10,000 pink slips over one year. Experts say these companies were forced to narrow their resources after the bullish boom of 2015.
The company will now be integrated in Bharat Bill Payment System (BBPS), a bill payment system by National Payments Corporation of India (NPCI)
More than 1,600 product sellers and service providers, and about 1,500 government officials are currently registered on GeM
Mobile payment and e-commerce platform Paytm announced a 100-member 'merchant helpdesk', announcing that it will invest Rs 50 crore towards educating merchants on digital payments across the country.
Acceptance of Ola Money in a prominent public utility such as BPCL is another step by Ola towards supporting the governments vision of a cashless 'Digital India', Ola Money Senior Vice President Pallav Singh said.