Friday, June 21

Tag: nearbuy

Deals Platforms Nearbuy, Little Internet Merge Operations
ACQUISITION

Deals Platforms Nearbuy, Little Internet Merge Operations

Deals platforms Nearbuy and Little Internet have merged their operations with Paytm picking up a majority stake in this combined entity, the financial services platform said today. "Paytms strategic holding in Nearbuy-Little will provide Paytms merchant partners an opportunity to offer deals to acquire new customers and grow their business," Paytm said in a statement. Financial details of the deal were not disclosed. Paytm was an existing investor in Little. The deal will create India?s largest discovery and deals platform for local merchants, it said. Existing shareholders of Nearbuy, including Sequoia India, will also become shareholders of the merged entity, it added. Nearbuy and Little work with over 40,000 merchants across categories like food, beauty and travel. Pay...
Paytm To Acquire Little, Nearbuy For $30M
ACQUISITION

Paytm To Acquire Little, Nearbuy For $30M

One97 Communications owned Paytm is set to acquire two of the most funded deals site- Nearbuy (former Groupon India) and Little for a sum of $30 million TOI reported. SAIF Partners and Singapore's GIC backed Little Internet and Nearbuy, who had together raised more than $80 million capital will be sold for $30 million only, in a cash and stock transaction. Little Internet, which runs the Little app, had in 2015 racked up $50 million and later got on board GIC. Paytm and GIC are its significant shareholders after Tiger Global sold out from the company. While Gurgaon based Nearbuy, which broke off from its parent Groupon India in 2015, had scooped up a $20-million cheque from Sequoia Capital at the time. Also Recommended Uber Locks On Multibillion Dollar Deal With Japanese So...
My Failure Resume – Ankur Warikoo
BLOGS

My Failure Resume – Ankur Warikoo

I am extremely grateful to be where I am in life. But there were several moments when I wasn’t. It is so easy for us to take our failures seriously and consider them the end of the road. I am the biggest proof that self-doubt exists, and I am equally the best proof that one can overcome it – it’s just a battle that never stops. Inspired by Johannes HausHofer’s CV of Failures, I share mine below. With the hope that people realize their problems and challenges are similar to everyone else’s. What may be different is the reaction to it. Or their acceptance in the first place. At the end of the day, when you undress yourself, the scars tell a story that only you know of Don’t wish for more scars But be surely aware of the ones you have Perhaps one day you will be proud of the...
Chat Session with Ankur Warikoo, Co-founder & CEO, Nearbuy (formerly Groupon India)
Entrepreneurs Talk

Chat Session with Ankur Warikoo, Co-founder & CEO, Nearbuy (formerly Groupon India)

A Serial Entrepreneur, a Consultant, a Venture Partner and a Teacher – Yes, we are talking about just one person! Ankur Warikoo, CEO and co-founder of Nearbuy.  He had a Chat session originally appeared on Quora - the knowledge sharing network where compelling questions are answered by people with unique insights. Post his management degree from the IndianSchool of Business, Ankur was a Management Consultant with A.T. Kearney for 3 years. He worked in Delhi, Dubai and New York during this time. He Co-founded Accentium Web in 2007 along with 2 other batch-mates from ISB, while continuing with his role at A.T. Kearney. In 2009, he left Kearney to work on Accentium full-time. Accentium runs websites such asSecondshaadi.com, Gaadi.com, Taaza.com amongst others. After Accentium, Ankur joi...