Seventymm Shopping User experiences

[Navjot Singh]

Status Report
I called the Guy on 18 March, He said I will check and revert back to you. Got 2 sms regarding my refund. I thought atleast now I can expect my refund. Waited for a week more and called him again. Customer Guy says, wait I will check with the finance department and check. Called again and he said give me a day and I will check again.
Called today and now he says our company is restructuring and we have more than 70 orders in line. Wait till 14 April and we will clear all our backlog. Asked me to check back then.
Gosh the amount is just Rs 1593. How much more time? Only positive thing is that the guy I call picks my call everytime and this gives me some hope. Otherwise I don't think I am ever gonna see that money back again.

 

[Navjot Singh]

Seventymm likely to Shut Down

One of the sources said “SeventyMM needs capital to continue its operation, however it has failed to raise another round and hence closing down is the only option.” On condition of anonymity, one of the leading hiring agency based out of Bangalore said “Unlike a year back, currently employees of various ecommerce, usually, which are struggling to raise more $$ s are looking desperately for opportunities, fearing possible shut down and massive layoff.”

From one of the commentors on the post

As a vendor to seventymm since they started ecommerce ( Have still some 8K Bills pending. lol ) I had been closely following up the developments. Though it was decided that company will shut down once CEO Mr Khosla switched to Tradus, still there were hopes of a buyout. Staff was downsized to 10% 3 months back.

:O This was the last thing I wanted to hear now.

 

[Sushubh]

They are shutting down the operations to steal your 1593 rupees leasantry:

 

[Navjot Singh]

LOL. Sure. And I am getting this news on April 1.Such an awesome monday for me. :russianroulette:

 

[Navjot Singh]

Finally. After 2+ months I got the refund today. The Chapter is over.