snapdeal

Nexus Venture Partners (NVP), an early investor in Snapdeal, has come out in support of the e-commerce firm's decision to pursue 'Snapdeal 2.0' instead of accepting rival Flipkart's US $900-950 million acquisition offer. According to a PTI report: NVP is...

Hosiery major Dollar Industries Limited, which registered a turnover of Rs 906 crore for the FY 2016-17 and is eyeing Rs 1000 crore this year, has come up with a new product – trendy trunks that are made of...

After the announcement of major layoff with an agenda to cut down 80 percent of its employee strength in the company, Snapdeal on Tuesday witnessed exit from many senior members from technology, product and engineering division. According to a ANI...

Both Kunal Bahl and Rohit Bansal put together have only 6.5 per cent of stake at Snapdeal. In spite of getting two back to back offers from Flipkart of US $800 million and US $950 million, plus having Softbank...

Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call off merger talks with larger rival Flipkart. According to a PTI report: Glass, a former Microsoft executive, has written an email...

Having dumped the US $950-million takeover offer from Flipkart, Snapdeal founders Kunal Bahl and Rohit Bansal said that the online market place can survive on the money made from sale of assets like Freecharge and will make a gross...

E-commerce major Snapdeal on Monday revealed that it is facilitating a major layoff in the company, with an agenda to cut down 80 percent of its employee strength. According to a ANI report: A senior official of the company told...

Leading e-tailer Snapdeal on Monday said it was terminating strategic discussions to sell its stake, ostensibly to rival Flipkart, as it had decided to pursue an independent path. "As we have been exploring strategic options over the months, we have...

Snapdeal is likely to send Flipkart's US $900-950 million buyout proposal to its shareholders this week to seek their views on the plan, according to sources close to PTI. The Board wants to get the shareholders' opinion on the proposed...

The sale of Freecharge to Axis Bank will provide Snapdeal the "necessary boost in resources" to continue its e-commerce journey, Snapdeal CEO Kunal Bahl said. According to a PTI report: Just hours after the deal was announced, Bahl wrote to...