Logistics firm GoJavas which is partially owned by Snapdeal, has temporarily suspended operations, citing technical issues. The company failed to raise the next round.
“GoJavas is making changes to its operational model to be more flexible and to provide additional services and extra reach. However, we have encountered an IT (information technology) issue, which has hampered this rollout. We are working 24X7 to resolve this issue and will re-initiate load post thorough testing of our systems. All clients have been informed and are cooperating,” [via/mint].