Bengaluru-based e-commerce behemoth Flipkart Online Services Pvt Ltd has reportedly raised $1 billion in a massive fundraising round. The firm will also secure an additional $1 billion in the next few months, a report by Bloomberg stated citing people aware of the development. The funds were secured at a down round that valued the company […]
E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, has appointed Jason Kothari as chief executive officer of its mobile recharge platform FreeCharge. Kothari will also continue his key leadership role as chief strategy and investment officer at Snapdeal, the company said in a statement. He replaces Govind Rajan, who quit the digital wallet company […]
Home-sharing company Airbnb Inc has introduced a new offering in India, as it seeks to expand its operations in a market that is still tiny but growing rapidly. The company, whose online rental listings range from private rooms to manors and islands, launched the Trips platform during the visit of co-founder and CEO Brian Chesky […]
In a filing to the Federal Communications Commission published Thursday, internet service providers indicated to the government that they don’t believe web browsing and app usage data should be classified as “sensitive” information. The filing was issued by the CTIA, a lobbying group that represents a number of major wireless communications companies including AT&T, Verizon, […]
In February of 2017, statistics from multiple large internet companies revealed that half of all internet traffic was encrypted. This marks a huge turning point in the movement to encrypt the internet. The use of the HTTPS protocol encrypts internet traffic, making it harder to conduct surveillance, censorship, content hijacking, and cookie stealing. While HTTPS …
The post Internet Traffic Now Halfway To Being Fully Encrypted appeared first on Deep Dot Web.
E-commerce firm Snapdeal, owned by Jasper Infotech Pvt. Ltd, continues to see senior-level churn. This time, the company’s two associate vice presidents Balaji Hariharan and Hemanth Kota have resigned, a report in The Economic Times stated citing people aware of the development. Hariharan served as the head of growth and product management at Snapdeal Payments […]
Flipkart-backed fashion e-tailer Myntra is set to sign term sheets with 10 domestic brands and get them aboard its recently launched Brand Accelerator programme, a top company official told VCCircle. “We have already closed term sheets with three of them and will soon complete it with the rest. Many more are at the conversation stage” […]
«Лаборатория Касперского» представила обновлённую версию решения Kaspersky Security для виртуальных сред | Защита без агента. Ключевой особенностью продукта стала поддержка платформы виртуализации VMware NSX. Программный комплекс «Лаборатории Касперского» использует технологии защиты без агента, оперативно развёртывается без необходимости перезагружать виртуальную машину и гипервизор в процессе установки. Продукт распознает и предотвращает сетевые вторжения (IDS/IPS), сложные угрозы и […]
Many moons ago, Kanwal Rekhi and John Dougery, the founding partners of Inventus Capital, carefully examined two fledgling e-commerce ventures but passed up the investment opportunity. The two startups—Flipkart and Snapdeal—have eventually gone on to become unicorns valued several billion dollars. However, the Indian-American businessman and investor Rekhi has no regrets about not taking a […]
Latif Nathani, who was heading eBay’s India business up until recently, has resigned from the company. Nathani served as the managing director and vice president of eBay India since May 2013 until last month when he moved back to the US. Nathani decided to move to the US for personal reasons, a person aware of […]
Flipkart-backed Myntra and Jabong will share the same logistics infrastructure by bringing together their back end and supply chain functions, a report in a financial daily stated. “Myntra logistics will also be one of the partners for Jabong which already uses Ekart for shipping,” The Economic Times quoted Gunjan Soni, head of Jabong and chief […]
Nearly seven months after Myntra announced its intent to go offline, the Flipkart-backed online fashion and lifestyle e-tailer has launched its first offline store in Bengaluru. The 4,000 sq ft store, which will be open to the public tomorrow, would be an exclusive store for what Myntra claims to be its biggest as well as […]
US-based Amazon.com, Inc. has elevated India chief Amit Agarwal to senior vice president (SVP), making him one of the few SVPs at the e-tailing giant globally, a person familiar with the development told VCCircle. The meatier role is a likely reward for Agarwal’s successful efforts in building the India business organically despite the presence of […]
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