e-commerce
Indian biz leader’s e-comm SME wins top Arab award
MUMBAI: Doha-based company Q-Tickets has won ‘Best Digital SME of the Year’ in Qatar IT Business Awards 2017.
In the recently held ‘Qatar IT Business Awards 2017’ Q-tickets (Quick Tickets) won the award by ICT Qatar, becoming the only private player to get this recognition. Founded by the well-known entrepreneur & internet visionary Dr. Tejinder Singh in 2013, Q-tickets has been on a high this year as it was also the official online ticketing partner of the recently-concluded Pakistan Super League held in the UAE and Pakistan.
Dr. Singh has been honoured several times for his business acumen. Last year, he was named the ‘Entrepreneur of the Year’ by Arabian Business Awards and Forbes named him as one of the top Indian business leaders in the Arab World every year consecutively thrice.
It was for the first time tickets were offered online for PSL- T20 in Lahore. Last year, Q-Tickets won ‘Fastest Growing Company of the Year’ award at Arabian Business Awards 2016. The judging panel praised the success of Q-Tickets as Qatar’s local ticketing solution provider being the only ticketing platform in GCC to have full-service ticketing capabilities, master pass integration, PCI compliance & debit card payment integration.
Q-Tickets, a world class ticketing solution company based in Doha, is fully owned and operated by Q-Tickets W.L.L under the leadership of founder & managing director Dr. Singh and is the largest e-commerce platform in Qatar. Currently having presence in Qatar, Bahrain, UAE and Oman, Q-tickets has earned fame and name for itself quickly in the region due to the cutting edge technology capabilities and highest level of service orientation. The ticketing portal currently has over a million subscribers making use of its services to book e-tickets for various things such as movies and other events
Speaking about the success of Q-Tickets, Dr. Singh said, “It is the result of our untiring efforts and commitment towards providing the best possible services in the region, we are really happy that our efforts have been recognized through this prestigious award, it is truly an honor.”
Dr. Singh is known for his knack of starting entrepreneurial projects successfully. He is the brain behind successful start-ups such as BPO+, Eazydox, q-healthcare, 360-wifi, AtPik, The Wallet and Penalty Kick.
With over 25 years of experience in inception & turn around of many ventures in Back-office, voice, non-voice, E-BPO, Tech, ITES, B2C, E-Commerce, Ticketing & many other projects, he has been responsible to generate employment for more than 9000 people in GCC till date. He is also a Board Member: EO Qatar Chapter (Entrepreneurs’ Organization) & on board of IBPN Board (Indian Embassy Qatar Chapter). He has to his credit a special mention by ID world Congress in Milan, Italy and Entrepreneur of the year 2016 award by ITP.
e-commerce
Flipkart rolls out 105 per cent bonus for 20,000 employees
Strong FY25 performance drives payouts even as layoffs and shifts unfold.
MUMBAI: In a year where belts were tightened and rewards loosened, Flipkart seems to be playing both offence and defence trimming roles on one hand while handing out a generous 105 per cent bonus on the other. The Walmart owned e commerce major has rolled out a 105 per cent bonus payout for 2025, covering nearly 20,000 employees, signalling a year of steady operational momentum even as the company navigates restructuring pressures. The payout, communicated internally by chief human resources officer Seema Nair, is tied to performance across key metrics including growth, operational efficiency, financial outcomes and people indicators, a combination that suggests the company is inching closer to its long stated goal of sustainable profitability.
Employees at SD level and below are set to receive their bonuses in March, while payouts for senior leadership, including vice presidents and senior vice presidents, will follow after the close of the performance cycle. The elevated 105 per cent multiplier stands out in a sector where cautious payouts have increasingly become the norm, pointing to what appears to be a relatively strong internal scorecard for FY25.
Yet, the announcement arrives with a noticeable contrast. Earlier this year, Flipkart reduced its workforce by around 300 roles as part of its annual performance review process. While officially framed as performance driven, the juxtaposition of layoffs alongside above target bonuses reflects a more nuanced balancing act, one that prioritises cost discipline while continuing to reward and retain high performing talent.
This dual approach is becoming increasingly common across the technology and e commerce landscape, where companies are navigating an uneven hiring environment while under pressure to deliver profitability. Rewarding top contributors, even amid selective workforce reductions, allows firms to maintain morale and retain critical talent without losing sight of financial prudence.
At the same time, Flipkart is also undergoing leadership shifts that hint at a broader strategic recalibration. Nishant Verman has been appointed senior vice president for corporate development and partnerships, while group chief financial officer Sriram Venkataraman is set to step down. Ravi Iyer will take on expanded responsibilities within the finance function, marking a reshuffle at the top as the company gears up for its next phase.
These changes come amid reports that Flipkart is planning to shift its holding structure back to India, a move widely interpreted as groundwork for a potential public listing. While timelines remain fluid, the combination of stronger financial discipline, leadership restructuring and employee incentivisation suggests a company preparing itself for greater scrutiny and scale.
For employees, the 105 per cent payout offers a welcome boost in what has otherwise been a period of adjustment. For Flipkart, it is a signal that even as it cuts where necessary, it is willing to spend where it counts. In the high stakes game of growth versus profitability, the company appears to be hedging its bets carefully, rewarding performance while reshaping itself for what could be its most defining chapter yet.
