Authors Posts by Patanjali Pahwa

Patanjali Pahwa

Patanjali Pahwa
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Staff Writer

Snapdeal: The once and future challenger

Snapdeal is the third largest e-commerce player in the country. It was valued at $6.5 billion when it last raised funds. The company boasts of the who’s who of venture capital investors. Snapdeal is huge, it has “about 45 million+ products from over 125,000 regional, national, and international brands and retailers across 800+ categories,” according to the 2016 annual...

Quikr and the unacquisition of CommonFloor

"This is a crap product. There is nothing in it. We didn’t want to touch it but Tiger made us buy it. We will have to start from scratch,” Manish Sinha, executive vice president of QuikrHomes, reportedly told a room full of people. He was referring to CommonFloor. The room full of people had section heads from CommonFloor and...

Snapdeal has some good news. And bad

 Snapdeal, once a serious challenger to fellow unicorn, Flipkart, is now just a fraction of its 2015 self. Two-thirds to be precise.The Ken sent Snapdeal a detailed questionnaire last week but despite repeated reminders, a reply was not forthcoming till the time of publishing.On January 11, Snapdeal brought in Jason Kothari from Housing. Kothari will now be the chief...

It is going to get wild

What you see lurking in the horizon is 2017. It is almost here.But let’s look back at the year gone past, 2016 was a weird year. And when things turn weird, the weird turn pro. Hunter S Thompson said that. And you can’t talk Thomson without talking about excess and when you talk excess, you talk, no not the...

Shopclues: A tall task ahead

Shopclues is the flea market e-commerce website of India. It is considered fourth in a three horse race but claims to have cornered the tier two, three and four market. It broke into the $1 billion club in January and boasted that it had clocked a GMV of $1.5 billion in FY16. One of its founders, Sandeep Aggarwal, had...

Proptiger: No roar or bite

Addendum (December 22, 2016)On Tuesday, an anonymous source tipped us off that our financial analysis of PropTiger’s results was incomplete. The consolidated and standalone results of PropTiger Realty Pvt Ltd did not give a complete picture of its operations. So, we spent some more time to get to the bottom of this. The shareholders in PropTiger Realty Private Ltd are;...

Paperboat: It’s getting spicy

It is not just a startup, it is an FMCG startup. An FMCG startup that sells beverages. It is unique. There are not too many of them around. Hector Beverages started with retailing an energy drink called Tzinga. Yes, we haven’t heard of it either. But soon after losing cash and momentum, the company changed its focus to juices....

PepperFry: Making a rod for its own back

PepperFry is the biggest furniture e-commerce company in India, in terms of capital raised as well as market share. The CEO Ambareesh Murty is another alumnus of the first eBay team, which set up shop in India. Murty’s love for Mumbai has helped it buck the trend and stay in the city while most of its peers moved to Bengaluru....

Home truths of Stayzilla

Stayzilla originally started out as an aggregator for hotels. It listed not just popular hotel chains but also the likes of Oyo and Zo. Think of it as an additional layer of bread in a short stay sandwich. Vasupal, popularly known as Yogi, decided to pivot after Oyo’s customer experiences were, let’s say, less than ideal. He started the...

You can win. On social media

Ishan Shah lives in Surat. And he has a story to tell.He leans back in his chair and studies a report on his phone once every 45 days. The 28-year-old runs a jewellery website, Sarvada Jewels. And this website got almost 300,000 impressions on social media in August '16 and that too just before the big sale season. Decent mindshare....

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