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Screenshot | |
| Type of business | Private |
|---|---|
Type of site | E-commerce, E-Wallet, Grocery, Local search |
| Area served | India |
| Industry | internet |
| Services | Online shopping, Online Grocery, mobile payments, Local search engine |
| Employees | 3000 plus |
| Subsidiaries | Getit Stores, Getit Grocery, Getit E-wallet, Mebelkart |
| URL | www www www |
| Commercial | Yes |
| Current status | Defunct |
Getit is a directional media company based in India. Its services included e-wallet, e-commerce, grocery delivery, local search, yellow pages, white pages directories, classified media, and tele-information services. The company operated in 56 cities across India and provided services through print, voice, online, and mobile platforms.[1][2][3]
The company became involved in legal proceedings before the National Company Law Tribunal concerning disputes among shareholders, including Sanjeev Gupta (former Managing Director) and Astro Entertainment Network Ltd. The cases involve matters related to shareholder disagreements and financial settlements.[4][5][6]
History
[edit]Getit Infoservices Private Ltd., formerly known as Getit Infomediary Ltd. /M&N Publications Ltd., introduced Yellow Pages in India under the brand name Getit Yellow Pages.
In December 2000, Getit released its telephone directory in Bangalore, which was scheduled to be distributed to all subscribers at telephone exchanges and customer service centres in January 2001.[2]
By June 2003, Getit had launched the Getit Yellow Pages 2003 edition for consumer and household services, as well as industrial and commercial services.[7]
In February 2013, local search and classifieds platform Getit appointed Jaspreet Bindra, a former Microsoft executive, as its new chief executive officer.[8]
In 2013 Astro's Getit buys Infomedia YellowPages and AskMe from the Network18 group and launched Getit Bazaar, its online marketplace.[9][3]
In 2016, Getit Infoservices Private Ltd struggled to pay employee salaries and dues to vendors. The financial strain arose amid disputes between the management and majority stakeholder Astro Entertainment Network Ltd., which accused Getit of excessive spending on brand marketing without sufficient returns. According to reports, Getit's management claimed that increased expenditures were approved by Astro to boost company valuation and that funding was expected to continue through early 2016.[10]
Later Astro announced to exit the Indian market by selling its stake in Getit and threatened shutdown if key issues were not resolved. This prompted legal intervention, with the National Company Law Tribunal stepping in to issue a stay on the closure of Getit's operations, and company's unresolved financial liabilities.[11]
References
[edit]- ^ "Getit launches new directory edition". The Times of India. 3 June 2003. Retrieved 30 October 2025.
- ^ a b "CM releases GETIT telephone directory". The Times of India. 30 December 2000. Retrieved 30 October 2025.
- ^ a b "Getit Infomedia plans foray into overseas markets". The Economic Times. 26 June 2013. Retrieved 30 October 2025.
- ^ "Getit eyes Rs 500 crore turnover by 2015; to expand across India". The Economic Times. 16 October 2011.
{{cite news}}: CS1 maint: deprecated archival service (link) - ^ Jayasimha, Shreyas; Naganand, Kamala (27 September 2021). "Dispute Resolution and M&A and Criminalisation of Civil Disputes". Lexology. Retrieved 30 October 2025.
- ^ Ganguly, Payal (16 June 2016). "GETIT Infoservices seeks to buyout stake of Astro Holdings". The Economic Times. Retrieved 30 October 2025.
- ^ "Getit launches new directory edition". The Times Of India. 16 October 2011.
{{cite news}}: CS1 maint: deprecated archival service (link) - ^ K, Sainul (13 February 2013). "Local search platform Getit ropes in former Microsoft top exec Jaspreet Bindra as CEO". Techcircle. Retrieved 30 October 2025.
- ^ "Astro's Getit buys Infomedia Yellow Pages & AskMe - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. 28 February 2013. Retrieved 5 September 2023.
- ^ "Profile: AskMe's Sanjiv Gupta earlier helmed bankrupt ABCL". Moneycontrol. 4 October 2016. Retrieved 30 October 2025.
- ^ Anand, Shambhavi (30 August 2016). "NCLT stops Getit from shutting AskMe Bazaar, AskMe Grocery and Mebelkart". ETRetail.com. Retrieved 30 October 2025.