SoftBank may lead $100 mn funding round in Snapdeal: Report

Binu Paul

Japanese conglomerate SoftBank Group is in discussions with Gurgaon-based Snapdeal to lead a $100 million investment round in ....

21 August, 2019

Funding roundup: Growth stage deals drop; investments decline to $116 mn

Vijayakumar Pitchiah

With growth stage deals bumping up the funding numbers big time in recent weeks, its absence during the fourth week of July caused ....

26 July, 2019
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Snapdeal strengthens legal team with new hires

Team TC

Online ecommerce marketplace Snapdeal has hired three senior legal executives from Johnson & Johnson and Flipkart to strengthen ....

25 July, 2019

Anand Piramal invests in Snapdeal

Payal Ganguly

Anand Piramal, executive director of Piramal Group, has invested an undisclosed amount in Jasper Infotech, which owns e-commerce ....

23 July, 2019

ShopClues lays off 200 employees as it runs out of M&A options

Binu Paul

Ecommerce marketplace ShopClues has laid off about 50% of its workforce as the going gets tough for the Gurugram-based company ....

19 July, 2019

Snapdeal reports 73% growth in FY19 revenues, narrows losses

Shweta Sharma

Delhi-based Jasper Infotech Private Limited, which owns and operates ecommerce marketplace Snapdeal, reported a 73% growth in ....

16 July, 2019
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Kapil Makhija on why it is business as usual at Snapdeal-owned SaaS firm Unicommerce

Payal Ganguly

Nearly seven months after a bid to be acquired by Infibeam fell through, Unicommerce, the e-commerce sector focused SaaS firm ....

26 June, 2019

Paytm Money looks to raise $1.2 bn; Snapdeal-ShopClues deal hits a wall

Shweta Sharma

Paytm Money Ltd, the wealth management arm of digital payments company Paytm, is planning to raise as much as $1.2 billion in ....

20 June, 2019

Exclusive: MakeMyTrip-backed travel-tech startup GoFro goes offline

Vijayakumar Pitchiah

GoFro, a travel-technology startup founded by former Snapdeal executive Amitabh Misra, has gone offline. A person familiar ....

12 June, 2019

Snapdeal close to acquiring ShopClues in all-stock deal: Reports

Vijayakumar Pitchiah

Gurugram-based online marketplace Snapdeal is close to acquiring its rival ShopClues in an all-stock deal, reports said. The ....

22 May, 2019
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Ontario Teachers sets up global technology-focused VC fund

Payal Ganguly

Snapdeal-backer Ontario Teachers’ Pension Plan (OTPP) has launched a venture capital fund focused on late-stage technology ....

25 April, 2019

Why a Snapdeal-ShopClues merger would be a win-win scenario

Binu Paul & Payal Ganguly

A potential merger between second-tier e-commerce companies Snapdeal and ShopClues opens up an interesting playground at the next ....

11 April, 2019

What online retailers, lobby groups want govt to change in draft e-commerce policy

Payal Ganguly

A number of e-commerce companies and industry bodies have submitted their responses to the Department for Promotion of Industry ....

1 April, 2019

Snapdeal, ShopClues, others form e-commerce lobby group

Kavya Kothiyal

E-commerce companies Snapdeal and ShopClues as well as a bunch of other startups have come together to launch The E-Commerce Council ....

13 March, 2019

Govt extends deadline for responses to draft e-commerce policy

Payal Ganguly

The central government has extended the deadline for submitting responses to the draft national e-commerce policy from 9 to 31 ....

8 March, 2019

Data localisation in focus as govt unveils draft e-commerce policy

Payal Ganguly

The Indian government has issued a draft national e-commerce policy that aims to regulate cross-border data flow, fight piracy ....

25 February, 2019

In numbers: Can Flipkart, Amazon sustain growth momentum after policy tweaks?

Vijayakumar Pitchiah

The underlying theme of India’s decision to revise the rules for foreign direct investment (FDI) in e-commerce was to force ....

5 February, 2019

Infibeam's deal to buy Snapdeal unit Unicommerce falls through

Team TC

Infibeam Avenues Ltd said on Friday it has terminated a deal to acquire Unicommerce eSolutions Pvt. Ltd from SoftBank-backed online ....

28 December, 2018

Will Amazon, Flipkart be able to find a way around new e-commerce rules?

Vijayakumar Pitchiah & Payal Ganguly

The government’s decision to tighten regulations with regard to sellers on e-commerce platforms is likely to hit the sector ....

27 December, 2018

With FreeCharge, we want to offer services beyond payments: CEO Sangram Singh

Dearton Thomas Hector

When homegrown e-commerce firm Snapdeal bought mobile wallet FreeCharge in 2015, it was billed as the largest e-commerce deal ....

20 November, 2018

Snapdeal’s FY18 loss narrows sharply but revenue more than halves

Dearton Thomas Hector

Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, recorded a massive drop in both losses and revenue in the financial ....

6 November, 2018