wordpress blog stats
Connect with us

Hi, what are you looking for?

FutureBazaar.com CEO Sankarson Banerjee Resigns

futurebazaarlogonewAfter three years of being at the helm of FutureBazaar.com, Sankarson Banerjee has resigned, MediaNama has learned from sources. We contacted Banerjee, but he has declined to confirm or deny whether he has resigned. “There will be an announcement on Friday”, we were told.

FutureBazaar.com is the online shopping site by Kishore Biyani’s Future Group and is backed by KPCB and Sherpalo Ventures. In his own words, Banerjee led the company through its conceptualization, launch (in 2007) and fund-raising. Futurebazaar offers over 20,000 products and reaches more than 200 cities and towns in India. It has partnerships with with Blue Dart and Aramex for delivery. Some of the most popular items bought online in 2007-08 were mobiles, home electronics, laptops, MP3 players, T-shirts and gift vouchers.

Financials: The company registered profits of Rs. 3.95 crores over operating revenues of Rs.15.62 crores in FY07-08, according to the Annual Report of Pantaloon Retail. It showed a profitability of 25%, which is good, but lower than that of the group.

The website went through a redesign last year by Wipro Technologies and was supposed to shift to e-commerce platform ATG, which was “expected to improve customer experience, increase customer choices and lead to better business performance.” It recently tied up with Infibeam for an online books store.

Banerjee’s blogs at LotsaFood.


Advertisement. Scroll to continue reading.

Future Bazaar Turnover At Rs. 62 Crores; Needs To Get Real On Savings, Reduce Delivery Time

Written By


MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



While the market reality of popular crypto-assets like Bitcoin may undergo little change, the same can't be said for stablecoins.


Bringing transactions related to crypto-assets within the tax net could make matters less fuzzy.


Loopholes in FEMA and the decentralised nature of crypto-assets point to a need for effective regulations.


The need of the hour is for lawmakers to understand the systems that are amplifying harmful content.


For drone delivery to become a reality, a permissive regulatory regime is a prerequisite.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ