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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...

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...

OYO Rooms faces difficulties in closing new round of funding

Due to a slowdown in fundraising environment and competition in Indian online hotel aggregation space, the budget hotel room aggregator, OYO Rooms has lowered its sights. Last November, it had set to raise $400 million but now it is...
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Blue Dart launches integrated logistics hub in Delhi

By fortifying freight movement and providing robust multimodal connectivity, the 2.5 lakh sq ft facility also aligns with the...
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