Who is the CEO of Groupon India?
CEO of Groupon India and cofounded nearbuy. Ankur Warikoo founded nearbuy. India’s No. Lifestyle App. Prior to that, Ankur started Groupon’s India business in 2011 and acted as the Country CEO from 2011-15, and Head of Groupon APAC from 2013-15.Ankur Warikoo is an entrepreneur, angel investor, mentor and public speaker, based out of India. He founded nearbuy. Com in 2015 and was the CEO until 2019. Prior to that, he started the Groupon India business in 2011 and was the APAC GM, until 2015.Ankur Warikoo (Delhi ’09) enjoys running his eCommerce company, Nearbuy. Akshat Seth.Ankur Warikoo (nearbuy) Ankur Warikoo founded nearbuy. India’s No. Lifestyle App.Ankur Warikoo (Delhi ’09) enjoys running his eCommerce company, Nearbuy. Akshat Seth.
Is Groupon still successful?
However, the last few years have presented a real challenge for the business, which has seen its financial results slump. From an all-time high of three billion U. S. Groupon’s revenue dropped to just under half a million in 2024. Groupon net worth as of October 26, 2025 is $0. B.Through our study, we’ve discovered that Groupon is losing roughly $1,117,808 per day (or $408 million/year), and that’s a conservative estimate.
Is Groupon available in India?
In August 2015, Groupon gave up control of its India unit to Sequoia Capital and renamed the company Nearbuy. Groupon entered the Indian market through the acquisition of local company SoSasta in Jan 2011. Finally, after winning a battle to acquire the groupon. Indian business was renamed Groupon in Nov 2012.