By Surabhi Agarwal. Payal Ganguly.
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Owing to a funding crunch, Askmebazaar had suspended operations in the past few weeks which has affected scores of vendors along with almost 4, employees who are also alleging nonpayment of salaries. In a written complaint, a copy of which has been reviewed by ET, the vendors have named twelve people, which include top management of its promoters -Malaysia-based Astro group -along with officials of the Indian office of Askmebazaar owned by Getit Infoservices.
Vendors allege that they became sellers on Askme's platform after getting assurances from Astro about timely payments and all their efforts of getting in touch with the management of Getit and Astro have failed.
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Rough estimates suggest that the dues could be in the range of Rs crore, he added. An employee of the company said that on August 9 they received an email from Getit stating that they cannot pay salaries and asked employees to reach out to the management of Astro with their demands.
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On August 24 they asked us to not report to office and work from home instead," the person who requested not be identified added. Employees have not received their salaries from the month of July. If asked Rs 10 lakh for settlement of dues, they would give us half the amount.
The any vendors has also been payment of many vendors has also been stuck. The people who were asked to leave the company in April are waiting for their full and final settlement," the former employee said.
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On Sunday, vendors of the company, along with its employees, gathered outside their Noida office of the company to hold protests. According to another person, Prakash Mishra and Sandeep Vats, two new hires who were appointed by Astro as additional-directors in June, are working towards winding down the operations of Getit Infoservices. Former Coca Cola India head and executive chairman of Askme Sanjiv Gupta who joined the company in resigned two weeks back. For reprint rights: Times Syndication Service.
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Pinterest Reddit. As part of the agreement, BestAtLowest. He added that the improved comfort of online payments will propel Indian consumers to shop for groceries online.