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Dealshare cofounders Vineet Rao, Sankar Bora exit post rejig, Retail News, ET Retail

While Rao “stepped down” from his role of chief executive in July and was supposed to work with the board for hiring a new CEO, he has now left Dealshare even as the company has yet to name his successor, several people aware of the matter said. Bora, who was chief operating officer, has also moved on from the company which is now shifting its non-tech functions to Gurgaon.

Kamaldeep singhSankar boraVineet raoRajesh purohitSourjyendu meddaRajat shikharTiger globalAlpha waveBig bazaarAlpha wave backedCommerce platformChief executive

DealShare gives up office space in Bengaluru - The Hindu BusinessLine

DealShare gives up office space in Bengaluru - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Sourjyendu meddaSankar boraVineet raoRajat shikharAlpha wave globalWestbridge capitalMatrix partners india

Dealshare lays off 130 employees, closes down B2B vertical, Retail News, ET Retail

The layoffs come roughly one-and-a-half months after Vineet Rao stepped down as Dealshare’s chief executive. The company had earlier decided to shift its headquarters North, which is where most of its business comes from.

Vineet raoRajat shikharSankar boraSourjyendu meddaNational capital regionWestbridge capitalMatrix partnersAlpha waveEmployee layoffsEmployee reorganizationWestbridge capitalJob cuts

DealShare to layoff 130 employees as it decides to shut B2B unit

The B2B division, while smaller than the B2C unit, still accounted for about 20-25 percent of DealShare’s revenue.

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Dealshare fires 130, shutters B2B vertical; SoftBank, Oyo parent Oravel partner for premium hotels

Ecommerce platform Dealshare has sacked 130 employees and shut down its business-to-business vertical, just over a month after Vineet Rao stepped down as chief executive.

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