No more Shopee-ing in India! : Rashtra News #Shopeeing #India This is Digbijay in Bengaluru. There is never ever a dull moment in Indian e-commerce.Singapore’s ecommerce firm Shopee abruptly decided to shutter its India operations earlier this week, reported first by us.It was quite sudden for us as reporters, as well. We were in the
Four investors — led by Prosus — moved the NCLT, seeking a stay on the planned EGM to effectively block the rights issue. The matter will now be heard on April 4.
The company is talking to investors to raise around $100 million through a rights issue, which may value the startup at anywhere between $500 million to $1 billion.
According to a survey by Nasscom and Indeed India, eight out of 10 organizations are exploring or open to gig models. Startups and the business process management sector are leading in gig worker hiring. The report focused on the future of jobs, workforce dynamics, and the evolving workspace. It found that Gen Z and millennials are opting for gig roles for flexible job locations and specialized skills.