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PayU India appoints Sachin Singhal as Head of Consumer Business

One of India's paramount payment solution company PayU India announced appointment of former Bharti Airtel's executive Sachin Singhal as its Head of Consumer Business. According to an ANI report: Singhal will be responsible for designing effective business strategies and bring in...

Snapdeal invests Rs 1990 cr in supply chain, logistics

E-commerce major Snapdeal has pumped in $300 million (about Rs 1,990 crore) over the last 18 months to strengthen its supply chain and logistics and facilitate the increase in shipment volumes. A PTI report states that the e-marketplace has seen 1.9...

Snapdeal grows 90 pc but gross sales growth low

Online marketplace Snapdeal, one of SoftBank's biggest bets in India, registered a slower growth in its gross sales for the year ended March 2016 as it fought rivals Amazon and Flipkart in a fierce battle for supremacy of the...

UrbanClap appoints ex-Housing.com executive as VP – Design

Mobile services marketplace, UrbanClap has recently announced the appointment of former Housing.com VP, Amit Das as its new Vice President – Design. Das was an integral part of Housing.com as the Head of its Design Team. He rose to become...

Snapdeal buys TargetingMantra

Snapdeal announced its acquisition of TargetingMantra of Friday. The move that will benefit the e-commerce major in upgrading its shopping experience and offer better customer satisfaction. The acquisition amount, however was not disclosed by Snapdeal. TargetingMantra was founded in March...

Snapdeal to buy Housing.com for close to $100 mn

Snapdeal, the online marketplace, is in the final stages of acquiring online real-estate firm Housing.com. The talks for the deal were on since December and the deal could be finalised for $50-$100 million. According to the people familiar to the...

FDI to help Flipkart and Snapdeal gain over Amazon

E-commerce players like Flipkart and Snapdeal will see an inadvertent gain as the new FDI regulations have put a barrier on offering discounts. The companies are scrambling  to preserve their cash and also cut down costs by temporarily slowing...

Mayank Jain joins as Head of Growth at Snapdeal

Snapdeal, one of India's largest online marketplace, has appointed Mayank Jain as Head of Growth. According to a report in ANI: A seasoned professional with over 10 years of experience, Mayank joined Snapdeal after a successful stint with Zoomcar where...

Kanika Kalra joins Snapdeal as VP Marketing

Kanika Kalra has joined Snapdeal, the online marketplace, as Vice President (Marketing). According to a report in ANI: A seasoned global marketing professional with a career spanning over 12 years, Kanika joined Snapdeal after several triumphant stints at Hindustan Unilever...

Peppertap shuts grocery delivery, lays off 150 people

PepperTap, on-demand hyperlocal grocery delivery service, has shut down its cash-burning grocery delivery operations and has decided to focus on expanding its logistics business. According to a report in PTI: Citing issues like high customer acquisition costs and poor app...
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Ex-Zomato executive-owned F&B company Ninecamp Ventures raises Rs 16 cr seed funding

The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in...
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