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Unicommerce Loses Key Personnel: Company Secretary Quits!

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Unicommerce Company

Unicommerce, a leading e-commerce SaaS platform, has recently announced the resignation of its Company Secretary and Key Managerial Personnel (KMP), Ajinkya Jain. Jain’s departure, effective December 6, was attributed to “personal reasons and commitments.” The company is currently in the process of identifying and appointing a suitable replacement.

Background on Ajinkya Jain

Ajinkya Jain is a seasoned professional with over 13 years of experience in corporate governance and compliance. Before joining Unicommerce in 2022, he held key positions at several prominent companies, including:

  • PharmEasy: A leading online pharmacy and healthcare platform.
  • Games24x7: An online gaming company known for its fantasy sports and casual gaming offerings.
  • Future Generali India Insurance Company: A major player in the insurance sector.

Jain’s extensive background in corporate affairs and compliance contributed significantly to Unicommerce’s operational framework during his tenure.

About Unicommerce

Founded in 2012, Unicommerce provides a comprehensive suite of SaaS solutions designed to help e-commerce sellers manage their inventory, orders, and logistics across multiple marketplaces and channels. The platform enables businesses to streamline their operations, enhance customer experiences, and drive sales growth.

  • Acquisition by Snapdeal: In 2015, Unicommerce was acquired by Snapdeal, one of India’s largest e-commerce marketplaces. This acquisition provided Unicommerce with additional resources and market reach.
  • Public Debut: The company successfully made its public debut on the Indian stock exchanges in August 2023, marking a significant milestone in its growth journey.

Impact of Jain’s Departure

While Jain’s resignation represents a notable change in leadership, Unicommerce remains committed to its mission of empowering e-commerce businesses and driving growth in the industry. The company is actively seeking a qualified successor to ensure a smooth transition and continuity in governance.

Commitment to Growth

Despite this personnel change, Unicommerce continues to focus on enhancing its product offerings and expanding its market presence. The company aims to leverage its technological expertise to support e-commerce sellers in navigating the complexities of online retail.

Conclusion

Ajinkya Jain’s departure from Unicommerce marks a significant shift for the company as it continues to evolve within the competitive e-commerce landscape. With ongoing efforts to appoint a new Company Secretary, Unicommerce is poised to maintain its momentum and commitment to providing innovative solutions for e-commerce businesses. As the company moves forward, it remains focused on empowering sellers and driving industry growth through its robust SaaS platform.

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PayU Gets Final RBI Nod to Operate as Payment Aggregator Ahead of 2025 IPO

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PayU India, owned by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator, a year after getting in-principle approval in April 2024. This authorization allows PayU to onboard new merchants and offer digital payment solutions, joining other major players like Razorpay, CCAvenue, and BillDesk.

The RBI’s nod comes as PayU prepares for its planned IPO in the second half of 2025, following a delay from its original 2024 timeline due to market conditions. The company, which serves over 450,000 merchants, reported $319 million in revenue from its core payments and credit business in the first half of FY25.

PayU stated that the approval will help it build a resilient, compliant, and innovation-driven institution, supporting merchants of all sizes and advancing the Digital India vision. The company has also strengthened its risk management and expanded its presence in real-time payments through a strategic stake in Mindgate Solutions.

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Google’s Iconic ‘G’ Logo Gets First Update in 10 Years

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Google has refreshed its iconic ‘G’ logo for the first time in nearly 10 years, replacing the familiar solid blocks of red, yellow, green, and blue with a smooth, vibrant gradient that blends these colors seamlessly. This subtle update gives the logo a softer, more fluid, and modern appearance, aligning with Google’s evolving digital identity and current design trends.

The new gradient transitions smoothly from red to yellow, yellow to green, and green to blue, making the logo more visually appealing and adaptable across various devices, especially on mobile platforms. This redesign also reflects Google’s growing emphasis on artificial intelligence, echoing the gradient style used in the branding of Google Gemini, the company’s AI-generative assistant.

The updated ‘G’ logo has started rolling out on iOS through the Google Search app and on some Android devices, particularly Pixel phones running the Google app beta version 16.18. However, most other platforms, including the web and non-Pixel Android devices, still display the classic solid-color logo. A wider rollout is expected in the coming weeks.

So far, Google’s main wordmark and other product logos like Chrome, Maps, and Gmail remain unchanged. Given the shift toward gradient designs and AI-inspired visuals, similar updates to other Google icons may follow in the future.

In summary, this first major update to the ‘G’ logo since 2015 signals a subtle but meaningful shift in Google’s branding strategy, blending tradition with innovation as the company deepens its focus on AI and modern design aesthetics.

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Ixigo Halts Bookings for Flights and Hotels to Turkey, China

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Indian online travel platform ixigo has suspended all flight and hotel bookings to Turkey, China, and Azerbaijan in response to these countries expressing support for Pakistan after India’s military strikes-dubbed ‘Operation Sindoor’-against terror bases in Pakistan and Pakistan-Occupied Kashmir. The move, announced by CEO Aloke Bajpai on X, was described as an act of solidarity with India during heightened diplomatic tensions following the Pahalgam terror attack.

ixigo’s decision aligns with similar actions by other Indian travel companies, including EaseMyTrip and Cox & Kings, which have also restricted travel services to Turkey, China, and Azerbaijan. The suspensions come amid widespread calls for boycotts after these countries condemned India’s military response and backed Pakistan.

The travel industry’s collective response underscores how geopolitical developments are influencing business decisions, with Indian companies emphasizing national interests and unity in the face of international criticism

 

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