Askme | Pixr8 News

Corporate Affairs Ministry has assured Commerce Minister Nirmala Sitharaman of taking up the pending payment issue of cash-strapped e-commerce firm AskMe on priority basis. Representatives of All India Online Vendors Association (AIOVA) today met Sitharaman on the issue of pending payment from askmebazaar.com. Since the issue raised by AIOVA pertained to Ministry of Corporate affairs, Sitharaman spoke to Corporate Affairs Secretary. "Corporate Affairs (Secretary) assured Sitharaman that he shall take up the issues raised by AIOVA on a priority basis," the commerce and industry ministry said in a tweet. Hit by a cash crunch, e-commerce company AskMe has decided to shut shop, leaving 4,000 staffers jobless.

Hit by a cash crunch, e-commerce company AskMe has decided to shut shop, leaving 4,000 staffers jobless, while its majority investor Astro said it will appoint a forensic auditor to review the books of the startups parent firm Getit. In an internal mail, Anand Sonbhadra, Group CFO at Getit Infoservices, directed senior staff to take certain steps to ensure prevention of "further liabilities" given the company's "current financial situation". "Prevent any further creation of liabilities by suspending operational activities...Temporarily close all hubs and all offices as possible," he said. Noting that the non-payment of salaries to delivery boys and lower staff may cause them to take "inappropriate actions" at hubs, Sonbhadra said any untoward incident needs to be prevented and assets ...

Tag: Askme

Online Vendors Meet Commerce Minister Nirmala Sitharaman on AskMe Payment Issue

4,000 Lose Jobs as AskMe Shuts Down