Mar 04, 2014 10:50 PM
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Indiaplaza E-Commerce Cheat companies tom tom.Indiaplaza
Posted on Feb 28, 2014 under General
Mercado Online Pvt Ltd
Who wants to save the sinking ship?.With 80% y2y growth industry pioneer India Plaza Mercado Online Pvt Ltd(Indiaplaza) a U.S Funded company in crises. Who is responsible for the crisis and what happened to the money?
The inside story …Keep watching the blog
The company has gone bankrupt and have stopped paying vendors over a year now .”N” number of traders have closed shops due to Indiaplaza and no one has taken action. Is this incredible India can’t believe this but that’s true. Co’s like these pay bribe and get the license to run businesses, but ultimately the sufferers are us Indians and traders who have to close businesses because of companies like Indiaplaza. This is a Multi crore scam thousand and lakhs of traders are impacted by Industry cheat Vaitheeswaran, founder and CEO of the coMercado Online Pvt Ltd(Indiaplaza)
The investors email IDs are
harish.raghavan@graciepointinternatinal.com
vani@iuvp.com
sampath@iuvp.com
param@sulekha.net
I would appreciate if people share this like viral .
Indiaplaza the reputed brand, run and managed by industry expert and pioneer Vaitheeswaran, founder and CEO is under big crisis.
The company has stopped paying it vendors and there are “n” numbers of vendors whose payments are on hold due to unavailable of funds.
The reason provided by great “Damager” of the company is that there are expecting funds from Mr Param who’s in USA to sell the stake of the sinking ship.
I am also backend service provider of Indiaplaza and our more than 5 lks is outstanding which Indiaplaza is unable to pay due to unavailable of funds and company is asking for us for some settlements.
Raising my Voice legally and sending notice to Indiaplaza.
• Why such irresponsible people should be given position in industry who cannot answer a vendor on the outstanding payments.
• We need to educate others to not to compromise and get into the trap of Mr Vaitheeswaran.
• Vaitheeswaran is talking about integrity of industry and providing services in industry but he's not able to manage his own baby.
• I have personally read articles about his Point of view on E-Commerce industry but all goes in vain if you are not the follower of standards made by you.
I call other vendors to Join the group to fight together with such cheats of industry.
