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Snapdeal reported to shut down Exclusively.com in costs-cut frenzy

Involved in an intense costs-cutting plan, Snapdeal would be eager to close Exclusively.in, barely 18 months after it acquired the online fashion platform founded in 2010 by founded in 2010 by Sunjay Guleria and Mohini Boparai Guleria. According to souces close to the matter quoted by ‘Mint’, Snapdeal’s plan is merging the entire catalogue of...

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People

Snapdeal’s Amit Maheshwari to now lead Exclusively.com

Snapdeal.com, owned by Jasper Infotech has made changes at the top with Amit Maheshwari, Senior VP of the fashion category taking over as the CEO of its newly acquired luxury fashion portal Exclusively.com. The company is yet to decide on a successor for Maheshwari. Snapdeal had recently hired Animesh Sharma as Chief Technology Officer (CTO) for...

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