Snapdeal | Pixr8 News

A new research report released today identifies 35 Indian companies among the global cashback industry leaders. The report analyzes the growth of the industry, its important role in worldwide e-commerce, and the trends and challenges faced by this quickly growing industry. "We identified 35 Indian companies in this worldwide ranking of cashback industry leaders," said Douglas G Hall, lead author of the report. "Cashback companies in India have seen significant growth and more than $4 billion in venture capital investment. India is the most exciting market in the global cashback industry at the moment." Indian companies highlighted in the report include Flipkart, Snapdeal, Jabong, Paytm, Zomato, Mydala, CouponDunia, Yatra and Cashkaro. E-commerce in India is now valued at more than $5...

Working quietly since 2006, Premji Invest investment firm has built up positions and funded around 40 publicly listed and private companies out of a corpus of $1 billion (Rs4,290 crore). Yet, its operations are shrouded in secrecy and the firm has consciously avoided building a public profile. Premji Invest is a private equity fund owned by Azim Premji, which manages over $2 billion of Azim Premji's personal wealth by investing in capital markets and picking minority stakes in start-ups, including homegrown e-commerce companies such as Flipkart and mobile payment companies such as Chennai-based Financial Software and Systems. The investment ratio for Premji Invest is analysed as follows: Till date, more than 60% of its total cash have gone in capital markets, buying stocks of firm...

Tag: Snapdeal

Breaking: 35 Indian companies among the global cashback industry leaders

Premji Invest: A Investment group led by Azim Premji