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New coupons added weeklyKeep your car purring with a major service including replacement of oil and oil filter, all fluids, wipers, sump plug seal and brake checkWe remember your air filters so that you can keep forgetting Received the wrong order? Filter damaged in shipping? Not happy with us?Alibaba buys nearly 33 million shares of GrouponThe purchase gives the Chinese e-commerce powerhouse about a 5.6 per cent stake in Groupon. Alibaba disclosed the purchase in a regulatory filing.16 Feb, 2016, 08.12PM ISTGrouponGroupon26 Sep, 2014, 07.07PM ISTIndia's great drying outWater is a critical resource which will determine India's ability to achieve rapid economic growth, improve the quality of life of its people.21 Sep, 2016, 11.53AM ISTNo mundane chores for India’s own VIPsIndians holding and demitting similar high offices need never bother about re-skilling themselves to take on these mundane tasks.17 Sep, 2016, 08.11AM ISTNow, Groupon India makes sailing very affordableAnkur Warikoo, CEO, Groupon India, makes yacht rides for as little as Rs 499 a reality with their new deals.17 Dec, 2014, 09.56AM ISTTablez India to bring US brand Toys ‘R’ Us to India soonTablez has signed a master franchisee agreement for India and Sri Lanka and plans to invest $85 million to open 65 Toys ‘R’ Us-branded outlets in India.23 Sep

, 2016, 08.37AM ISTDate with history: The beginning of Freemasonry in IndiaThe fraternal organisation, as we know it today, came to India 260 years ago.22 Sep, 2016, 04.41PM ISTVodafone India rejigs leadership structureThe removal of a senior managerial layer between the COO and the business heads of Vodafone’s biggest ‘direct’ markets was aimed at greater agility in decision-making .22 Sep, 2016, 08.15AM ISTXiaomi to bring crowdfunding platform to IndiaXiaomi, which is betting big on the Internet of Things (IoT) space with its Mi Ecosystem, has invested in 55 startups that work on connected devices ranging from air purifiers to drones.22 Sep, 2016, 07.59AM ISTStartup Tonbo Imaging keeps watch over India’s bordersTonbo Imaging will help deploy sophisticated technology to detect and visualise objects in all types of conditions.21 Sep, 2016, 01.55AM ISTGoogle launches Allo, customises it for IndiaAllo has features such as smart reply, options for sharing photos & emojis, this is being seen as a move to counter Whatsapp & Hike Messenger.21 Sep, 2016, 01.36PM ISTUSFDA slaps ban on API supplied by India’s LaxachemThe USFDA has banned products of Laxachem Organics, a maker of active pharmaceutical ingredients, from US markets as part of the effort to arrest the Burkholderia cepacia or the B Cepacia infection20 Sep

, 2016, 08.18AM ISTYou are here: ››SENSEX28,668-104.91NIFTY 508,832-35.90GOLD (MCX) (Rs/10g.)31,307-25.0USD/INR66.65-0.02PortfolioStocksMFETFGet ET Markets in your own languageDOWNLOAD THE APP NOWCHOOSE LANGUAGEENGENG - EnglishHIN - HindiGUJ - GujaratiMAR - MarathiBEN - BengaliKAN - KannadaORI - OriyaTEL - TeluguTAM - TamilGroupon Inc rebranded as Nearbuy, to focus more on mobile appsREAD MORE ON » South Korea | Groupon India Pvt | Ankur WarikooAlong with the rebranding, the company will focus more on mobile apps, connecting buyers with deals in their localities. NEW DELHI: Barely three months after selling a controlling stake in its South Korean unit, US-based daily deals company Groupon Inc. is ceding control in its Indian arm to promoters led by local top executives and private equity investor Sequoia. The unit will be renamed Nearbuy starting Monday. "India is a massive market and requires attention that Groupon can't do as part of its 48-country portfolio," said Ankur Warikoo, chief executive of Groupon India.

"They feel the path (Groupon) India will follow to become a leader in local commerce may not be one that Groupon follows globally." Along with the rebranding, the company will focus more on mobile apps, connecting buyers with deals in their localities. Currently, 60 per cent of the company's traffic and about 40 per cent of business comes from mobile devices. Under the new dispensation, Groupon will remain a minority stakeholder. The new entity has secured an investment of about Rs 100 crore from Sequoia. The cofounders, Sequoia and Groupon will have one member each on the board and the entity will continue to be called Groupon India Pvt. "We raised fresh capital and fresh equity infusion and by virtue of that Groupon's ownership in the company has been reduced from 100 per cent to a minority ownership," said Warikoo, who is the cofounder of Nearbuy along with five other promoters. This year has been particularly tough for Groupon in the US as its share plunged about 40 per cent to $4.6, substantially reducing its market value.