E-tailers cross $1.8 bn in three days of festive sales

Supriya Roy

Mid-way through the six-day online shopping festive sales in India, ecommerce players like Amazon and Flipkart have crossed over ....

4 October, 2019

Govt notification delay keeps etailers from uploading audit certificates

Payal Ganguly

Ecommerce companies claim they are ready with the audit certificates for compliance with the Press Note 2, which bans foreign ....

30 September, 2019
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Amazon, Snapdeal, Paytm ramp up operations ahead of festive season

Shashank Didmishe

Ahead of the festive season sale, online retailers Amazon India and Snapdeal and fintech major Paytm have launched their own initiatives ....

24 September, 2019

Deal Talk: Tencent invests in PolicyBazaar; NoBroker, MyGate and ShopClues receive funding

Shweta Sharma

TechCircle brings you a round-up of technology investments and M&A deals reported from across newsrooms. PolicyBazaar Chinese ....

23 September, 2019

Era ends at Alibaba as Jack Ma steps down

Shweta Sharma

Jack Ma stepped down as chairman of Chinese retail behemoth Alibaba today, and the ecommerce conglomerate will now be run by chief ....

10 September, 2019

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
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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

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
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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

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

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