Jabong

“I told them to slow down,” says former CEO of Housing Jason Kothari, who had the onerous task of repairing the real estate portal to find a buyer.

The company is eyeing revenues of US$2 billion for the quarter ended March 2018.

Customer service is key to gaining user loyalty and stickiness, something all top ecommerce startups are gunning for.

Turning profitable is around the corner, but it has bigger plans in store.

A lawyer involved in the deal explains how the US$70 million all-cash buy-out was inked by Flipkart so damn quickly.

In addition to Flipkart’s Jabong acquisition, another startup acquisition and a student deals startup make our list.

Flipkart today announced the buyout of Jabong from Global Fashion Group, which was desperate to exit its fashion business in India.

The group just raised a fresh round of funding to breathe life into its struggling business units Zalora and Jabong.

It’s a far cry from the $1 billion Jabong was asking for earlier.

Zalora and Jabong grow modestly, but the Middle East is heating up.