March 27, 2017 4:52 PM ET

Internet and Direct Marketing Retail

Company Overview of Macro Commerce Pvt. Ltd.

Company Overview

Macro Commerce Pvt. Ltd. operates a television shopping portal. The company offers a destination for shoppers, merchants, and market enthusiasts that binds buyers and sellers in a lucrative network. It offers products in the categories of electronics, fashion, home, and kitchen. The company was founded in 2014 and is based in New Delhi, India. Macro Commerce Pvt. Ltd. is a joint venture between DEN Networks Limited and Jasper Infotech Private Limited.

3rd Floor

238, Okhla Phase 3

New Delhi,  110020

India

Founded in 2014

Phone:

91 92 8920 7777

Key Executives for Macro Commerce Pvt. Ltd.

Finance Head
Executive Producer
Customer Exprience Head
Cateogory Head of Mobile, Tablets & Information Technology
Compensation as of Fiscal Year 2016.

Macro Commerce Pvt. Ltd. Key Developments

Snapdeal To Divest 17.13% Stake, Exit DEN-Snapdeal TV Shop Business

Jasper Infotech Private Limited is looking at exiting teleshopping business Macro Commerce Pvt. Ltd. by divesting its entire stake in the company. In an email response to queries sent by Financial Express, a Snapdeal spokesperson said, "The decision to exit the DEN-Snapdeal JV was taken in early 2016 as part of our periodic evaluation to determine continued alignment of investments with our business needs. In execution of the decision, we had substantially reduced our stake mid-last year. The residual stake will be divested over the next few months to complete the process of exit."

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 15, 2016
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