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Snapdeal
Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. Snapdeal was one of the largest online marketplaces in India. Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market. Fashion, home and general merchandise account for a majority of the products sold by over 500,000 sellers on Snapdeal. Buyers from more than 3,700 towns in India shop on Snapdeal. History Establishment Snapdeal was founded on 4 February 2010 as a daily deals platform, before expanding to become an online marketplace in October 2011. Unsuccessful merger with Flipkart Reports emerged in Q2 2016 that SoftBank Group planned to engineer a merger between Snapdeal and Flipkart. Discussions took place for months, but concluded in July 2017 after the deal fell through due to lack of consensus among Snapdeal's board members. Disagreements over valuation and proposed ...
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Freecharge
Freecharge is an Indian financial services company based in Gurugram. It allows users to pay bills such as electricity, gas and telephone, as well as recharge mobile, broadband, DTH and metro cards. In addition, it enables the users to invest in mutual funds and get credit through Freecharge EMI. On 8 April 2015, Snapdeal acquired Freecharge in what was referred to as the second biggest takeover in the Indian e-commerce sector at the time, after the buy out of Ibibo by rival MakeMyTrip. The deal was for approximately US$400 million in cash and stock. On 27 July 2017, Axis Bank acquired Freecharge for $60 million. History Freecharge was founded in August 2010 by Kunal Shah and Sandeep Tandon. After receiving seed funding of an undisclosed amount from Tandon Group and Sequoia Capital in 2010, the company secured Series A funding of ₹200 million from Sequoia Capital in 2011. In November 2012, the company claimed to be doing online recharge of ₹6 million on a daily ...
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Kunal Bahl
Kunal Bahl is an Indian technology entrepreneur and investor. Early life Bahl was born in India and had completed his initial school education at Delhi Public School R. K. Puram (DPS) New Delhi. He applied to the University of Pennsylvania and received admission. He graduated from the Jerome Fisher Program in Management and Technology at the University of Pennsylvania, earning two bachelor's degrees in Entrepreneurship, Operation & Information Management from The Wharton School and Engineering from the School of Engineering and Applied Science. He finished an executive marketing program from Kellogg School of Management. He worked with Microsoft for a short period, as he went back to India due to a visa issue in 2007. Career Bahl co-founded the e-commerce company Snapdeal in 2010. In 2022, the company assumed the group corporate identity of AceVector, which houses multiple businesses such as Snapdeal, Unicommerce, Stellaro Brands. Bahl has also been involved with various ind ...
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Rohit Bansal
Rohit Bansal is an Indian entrepreneur, co-founder and COO of e-commerce company Snapdeal. Early life Bansal was born in Malout, Punjab India. He completed his school education at Delhi Public School (DPS) New Delhi and got his bachelor's degree in engineering from Indian Institute of Technology New Delhi. Snapdeal Bansal cofounded Snapdeal along with his school friend Kunal Bahl on February 4, 2010. In February 2020, Snapdeal Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. Snapdeal was one of the largest online marketplaces in India. Snapdeal targets the value e-commerce segment, ... invested in a startup Sanfe that deals in female hygiene products. It also invested in Ola, Bira, Razorpay, Beardo. Awards and recognitions * BMA Entrepreneur of the Year 2014 * ET Top 50 Entrepreneur of India 2014 * EY Entrepreneur of the year - Startup 2014 Family His father was a grain merch ...
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Flipkart
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bengaluru, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products. The service competes primarily with Amazon's Indian subsidiary and domestic rival Snapdeal. As of March 2017, Flipkart held a 39.5% market share of India's e-commerce industry. Flipkart has a dominant position in the apparel segment, bolstered by its acquisition of Myntra, and was described as being "neck and neck" with Amazon in the sale of electronics and mobile phones. Flipkart also owns PhonePe, a mobile payments service based on the UPI. In August 2018, American retail chain Walmart acquired a 77% controlling stake in Flipkart for US$16 billion, valuing Flipkart at around US$20 billion. Flipkart is valued at $37.6 billion as of 2022. It is pl ...
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Aamir Khan
Mohammed Aamir Hussain Khan (; born 14 March 1965) is an Indian actor, film director and producer who works in Hindi films. Through his career spanning over 30 years, Khan has established himself as one of the most notable actors of Indian cinema. Khan is the recipient of numerous awards, including nine Filmfare Awards, four National Film Awards, and an AACTA Award, with one of his film productions also receiving an Academy Award nomination. He was honoured by the Government of India with the Padma Shri in 2003 and the Padma Bhushan in 2010, and received an honorary title from the Government of China in 2017. Khan first appeared on screen as a child actor in his uncle Nasir Hussain's film ''Yaadon Ki Baaraat'' (1973). As an adult, his first feature film role was in ''Holi'' (1984). He began a full-time acting career with a leading role in ''Qayamat Se Qayamat Tak'' (1988). His performance in ''Raakh'' (1989) earned him a National Film Award in the Special Mention category. ...
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SoftBank Group
is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo which focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors. It also runs the Vision Fund, the world's largest technology-focused venture capital fund, with over $100 billion in capital. Fund investors include sovereign wealth funds from countries in the Middle East. The company is known for the leadership of its controversial founder and largest shareholder Masayoshi Son. It operates in broadband, fixed-line telecommunications, e-commerce, information technology, finance, media and marketing, and other areas. SoftBank Corporation, its spun-out affiliate and former flagship business, is the third-largest wireless carrier in Japan, with 45.621 million subscribers as of March 2021. SoftBank was ranked in the 2017 Forbes Global 2000 list as the 36th largest public company in the world and the second-largest publicl ...
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BlackRock
BlackRock, Inc. is an American Multinational corporation, multi-national investment company based in New York City. Founded in 1988, initially as a Enterprise risk management, risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with trillion in assets under management as of January 2022. BlackRock operates globally with 70 offices in 30 countries, and clients in 100 countries. Along with The Vanguard Group, Vanguard and State Street Corporation, State Street, BlackRock is considered to be one of the Big Three index fund managers that dominate corporate America. BlackRock has sought to position itself as an industry leader in environmental, social and corporate governance (ESG). The company has faced criticism for worsening climate change, its close ties with the Federal reserve system, Federal Reserve System during the COVID-19 pandemic, Anti-competitive practices, anticompetitive behavior, and its unprecedented investme ...
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Vani Kola
Vani Kola is an Indian venture capitalist. She is the founder and managing director of Kalaari Capital, an Indian early stage venture capital firm. She was listed as one of the most powerful women in Indian business by ''Fortune India'' in 2014. Early life and education Vani Kola was born in in Hyderabad, Andhra Pradesh (now Telangana), India. She commenced her post-secondary education at age 16. She attended Osmania University in Hyderabad, where she studied electrical engineering and was "one of six girls among 400 engineering students". She earned her Bachelor of Engineering before leaving India in the late 1980s to pursue her Master of Engineering from Arizona State University in the United States. Career Silicon Valley Kola had a 22-year career in Silicon Valley. A serial entrepreneur, she was the founder and CEO of the e-procurement company RightWorks, selling the company to ICG after four years for $657 million. She was then the founder and CEO of Certus Software. V ...
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Intel Capital
Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, software, and services targeting artificial intelligence, autonomous technology, data center and cloud, 5G, next-generation compute, semiconductor manufacturing and other technologies. History Intel Capital was set up in 1991 by Les Vadasz, and Avram Miller. It was originally called Corporate Business Development (CBD). At that time, Intel mainly invested in American companies, and in 1998 95% of investment was in the USA. Over time, investment in non-US companies increased, and by 2012 international investments accounted for about 57%. Intel Capital has invested more than US$12.5 billion in over 1,550 companies in 57 countries. In that timeframe, over 200 portfolio companies have gone public on various exchanges around the world, and more ...
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Kalaari Capital
Vani Kola is an Indian venture capitalist. She is the founder and managing director of Kalaari Capital, an Indian early stage venture capital firm. She was listed as one of the most powerful women in Indian business by ''Fortune India'' in 2014. Early life and education Vani Kola was born in in Hyderabad, Andhra Pradesh (now Telangana), India. She commenced her post-secondary education at age 16. She attended Osmania University in Hyderabad, where she studied electrical engineering and was "one of six girls among 400 engineering students". She earned her Bachelor of Engineering before leaving India in the late 1980s to pursue her Master of Engineering from Arizona State University in the United States. Career Silicon Valley Kola had a 22-year career in Silicon Valley. A serial entrepreneur, she was the founder and CEO of the e-procurement company RightWorks, selling the company to ICG after four years for $657 million. She was then the founder and CEO of Certus Software. V ...
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Notorious Market
A notorious market is a website or physical market where, according to the Office of the United States Trade Representative (USTR), large-scale intellectual property infringement takes place. Officially termed Notorious Markets for Counterfeiting and Piracy, the USTR has generated a yearly list of such notorious markets since 2006 with input from various industry groups. History Since 2006, the members of the International Intellectual Property Alliance in conjunction with the Office of the United States Trade Representative has annually filed a list of Notorious Markets as a part of their Special 301 Report to the U.S. federal government. It lists virtual markets (websites) and physical markets outside of the US where large scale copyright infringement takes place and recommends trade sanctions for countries with weak copyright protection enforcement. Since 2010 the list is separately issued as a part of an out-of-cycle review between the main report submissions. Whilst the list o ...
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Livemint
''Mint'' is an Indian financial daily newspaper published by HT Media, a Delhi-based media group which is controlled by the K. K. Birla family that also publishes ''Hindustan Times''. It mostly targets readers who are business executives and policy makers. It has been in circulation since 2007. Of the five business dailies published in India, Mint rose to the number two position immediately after its launch and has remained there (behind The Economic Times ever since. It publishes a single national edition that is printed and distributed in New Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Kolkata, Pune, Ahmedabad and Chandigarh. Unlike most mainstream newspapers from India, Mint is not published on Sunday. It instead offers its readers Mint Lounge every Saturday, a weekend magazine focused on intelligent lifestyle, fashion, food, books, science and culture. Mint's editorial coverage and its style of presentation is noted for its refreshing clarity and accessibility - facets ...
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