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Nearbuy trims losses as it rejigs business strategy

By Disha Sharma

  • 18 May 2016
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Nearbuy trims losses as it rejigs business strategy
Credit: Shah Junaid/VCCircle

Deals and discounts site Nearbuy, earlier known as Groupon India, has trimmed its losses by exiting cash-guzzling verticals and slashing discounts.Its net loss for financial year 2014-15 has gone down to Rs 54 lakh against Rs 18 crore in 2013-14, according to VCCEdge, the data research platform of VCCircle, based ......

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