Court asks former Astro exec to appear before liquidator in AskMe case

Debjyoti Roy

Almost a year after e-commerce website AskMe shut shop, the Delhi High Court has asked a former representative of the company’s ....

22 February, 2018

Anxious creditors await recovery as AskMe heads for auction

Manu P Toms

As e-commerce website AskMe’s parent Getit Infoservices Pvt. Ltd heads for an auction intended to end its insolvency, there ....

15 February, 2018

After venture capital, startups taking 'vendor capital' for granted

Anirudh Damani

The bloodletting in the Indian startup ecosystem continues with hotel-booking app RoomsTonite shutting shop on the heels of the ....

20 March, 2017

Layoffs at Indian Internet businesses touch 10,000

Manu P Toms

Since August 2015, when the first signs of a funding slowdown emerged in the Indian startup ecosystem, around 10,000 people, ....

21 December, 2016

Astro approaches court for winding up AskMe

Manu P Toms

Malaysian telecom and media conglomerate Astro Entertainment Network Ltd (AENL), which is the majority investor in the now defunct ....

12 December, 2016

Former Astro nominee on AskMe board seeks anticipatory bail on seller complaint

Manu P Toms

In an unprecedented occurrence in the Indian ecommerce industry, the executives who represented the investor on the board of a ....

30 November, 2016

It would be difficult to get a new buyer for AskMe: Sanjiv Gupta

Manu P Toms

Sanjiv Gupta, former managing director and CEO of Getit Infoservices Pvt. Ltd, that runs e-commerce brand AskMe, is engaged in ....

19 October, 2016

AskMe tussle: NCLT postpones hearing to Nov 9

Arti Singh & Manu P Toms

The National Company Law Tribunal (NCLT) has postponed till 9 November the hearing on a petition by Sanjiv Gupta, former managing ....

17 October, 2016

AskMe fiasco: End game the blame game

Manu P Toms & Binu Paul

A fierce internal strife, mass pleas by desperate unpaid employees, cases initiated by duped sellers, volley of charges and counter ....

30 September, 2016

Exclusive: Astro's chequered history kept investors away from AskMe: Sanjiv Gupta

Manu P Toms

The management of AskMe had proposed a buyout offer as "the chequered past" of the majority investor Astro discouraged other ....

27 September, 2016

Exclusive: Paying salary for AskMe staff is management's responsibility, says Astro

Manu P Toms

Malaysia's Astro Group, the controlling stakeholder in the defunct ecommerce firm AskMe, has put the onus to pay employees and ....

27 September, 2016

Exclusive: AskMe may be wound up as Astro rebuffs management buyout offer

Manu P Toms

Troubled Indian ecommerce company AskMe is likely headed for a winding-up as its parent Astro Group has rejected the buyout proposal ....

23 September, 2016

Exclusive: Sanjiv Gupta makes fresh offer to buy AskMe from Malaysia's Astro Group

Manu P Toms

Sanjiv Gupta, former chairman of the troubled hyper-local ecommerce and grocery company AskMe, incorporated as Getit Infoservices ....

15 September, 2016

E-commerce firm AskMeBazaar suspends operations

Nishant Sharma

Local search platform has temporarily shut its operations, presumably after running out of cash and failing to raise ....

19 August, 2016

WeChat launches games, partners with AskMe for location-specific searches


Tencent-owned social communications app WeChat has launched 'WeChat games' with its version 5.1 release. To begin with, the company ....

17 January, 2014