Snapdeal Story: How a deals website became top eCommerce platform of India

Two best friends having common interest in food and maths from Delhi Public School started an offline coupons business which later turned into one of the biggest eCommerce companies of India. The CEO Kunal Bahl (alumni Wharton School, US) and COO Rohit Bansal (IIT Delhi alumni) joined hands to create Snapdeal. Back in 2007 when Kunak Bahl’s US visa got rejected and was asked to return to India, he along with Rohit Bansal who was …

Online movie ticket company Alibaba Pictures secures $260M funding

Alibaba pictures a subsidiary of Jack Ma’s Alibaba group has secured series A funding to the tune of $260M. Alibaba pictures run an online movie ticket platform Taobao Movie. After this funding Taobao Movie’s valuation stands at $2.1 billion. Taobao Movie was brought by Alibaba pictures from its parent company in November 2015. Taobao Movie lets Chinese movie lovers book movie tickets for around 5,000 movie theaters in China. Alibaba Pictures Group last year also bought …

Jack Ma: A self made billionaire

E-commerce is one of the fastest growing segments in the industry. Many young entrepreneurs have tried their hands in this field but very few were able to taste success. One such hugely successful eCommerce business is Alibaba. The man behind this extremely successful ecommerce business is Jack Ma. Today Ma the founder and executive chairman of Alibaba Group has an estimated net worth of $25 billion. Who would have imagined that a 5 feet tall …