Anand Rai, who had acquired Snapdeal&rsquo;s stake in GoJavas and merged it with his Pigeon Express stated that Snapdeal stopped doing business with GoJavas for the benefit of Vulcan and &ldquo;stole&rdquo; confidential business information such as data on employees and service vendors.Snapdeal held 49% stake in GoJavas and the founders of the company had sold it to Rai in a fire sale.&ldquo;I&rsquo;ve sent them a legal notice worth ₹300 crore for criminal breach of trust against GoJavas which resulted in erosion of value of Quickdel,&rdquo; Rai said.The notice alleges the founders and the company of criminal breach of trust and siphoning off money from GoJavas to Vulcan Express, the in-house logistics firm of Snapdeal. Jasper Infotech filed a first information report (FIR) with the Delhi Police against former promoters and directors of Quickdel - Praveen Sinha, Randhir Singh, Ashish Chaudhary and Abhijeet Singh followed with Quickdel&rsquo;s notice.When contacted, a Snapdeal spokesperson termed Quickdel&rsquo;s allegations of cheating, forgery, criminal breach of trust, conspiracy and criminal misappropriation of funds as baseless.

Quickdel Logistics Slaps &#8377;300-crore Legal Notice On Snapdeal

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.