The acquisition is a combination of cash and equity. The founders of Letsbuy along with their 350+ team will continue to function independently, with the added advantage of now being able to access Flipkart’s superior technology platform and supply chain capabilities.
But that defeats the purpose of the news site – i.e. if I already know what I am looking for, then what the hell am I doing here? After all, you visit a news site for information about things you probably don’t know.
![How to Get Your Trademark Registered in India [Step-by-Step Guide]](http://www.pluggd.in/wp-content/uploads/2011/06/trade_mark_search-300x136.jpg)
Since this is a question we get asked very frequently, we thought we could simplify things for you a little bit by explaining, step-by-step, how to get your Trademark Registered in India. Step 1: A trademark application has to be …
![Flipkart to acquire LetsBuy–Here is what really happened with LetsBuy [Updated]](http://www.pluggd.in/wp-content/uploads/2012/02/flipkart_letsbuy_thumb.jpg)
Flipkart is acquiring LetsBuy*, a head-to-head competitor whose product catalogue has a huge overlap with Flipkart (i.e. electronics, gadgets etc). A general perception is that LetsBuy was doing quite well, though the reality is that it wasn’t. And here is …
Confirmed sources tell us that Bangalore based Myntra has raised $20mn, led by Tiger Global. In the last round (Nov 2010), Myntra raised $14mn and in 2008, raised $5mn from NEA-IUV, IDG Ventures and Accel. Myntra started as a custom …
Chain of command might work well in the military and government but could prove detrimental in a technology firm. It is more pertinent to have the right people in the right places to enable decision-making.
Indian Angel Network, IAN has invested under a million US dollars in Mumbai based gaming start-up, Gamiana. Gamiana or House of Games, derived from Games and Aashiana (house), is one of the first companies in India to offer multi-player platforms …
US based Resolvity, a Nadathur Holdings and Investments funded company has launched VoiceGain in India. VoiceGain is a cloud based speech IVR platform in India targeted towards Indian small and medium enterprises (SMEs). VoiceGain is a cloud telephony solution that …
Pluggd.in forum is a high engagement community site that serves as a platform for Indian entrepreneurs to connect with each other and benefit from communities’ insights/knowledge. Within a month of launch, forum has turned out to be a very useful …
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Appnomy – The Economy Of Apps