StyleAdda.com books INR 136 crore loss, two private equity investors quit and the stock tumbled to touch lower circuit

The biggest online retailer may focus on Non Resident Indians this year and may launch operations in India next year

StyleAdda.com will launch beta version carrying deep discount products. Exhilway pre-IPO market values company at US $200 million.

Private equity investors gets cautious, project launch delayed by two months. Valuation drops to US $ 143 million.

StyleAdda.com will be up in March this year, over US $57 million from various investors will ride on the project. Company expects to clock daily sales of little less than US $1 million.

CandyDate Jobs India will become the second company from India after StyleAdda.com to opt for a pre-IPO listing on the private capital market solution website.

StyleAdda.com will donate 2% of its net profit to Salman Khan's Being Human, the biggest corporate contribution by an Indian online retailer so far.

StyleAdda.com will rope in over 3,000 suppliers building the biggest supply chain network every formed for an online store in India.