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

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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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

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

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

New set of sellers sue Snapdeal over non-payment of dues

Binu Paul

Two online sellers have filed court complaints in the National Capital Region (NCR) against e-commerce firm Snapdeal over alleged ....

26 May, 2018
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Stayzilla's Vasupal files bail plea; startup world rallies behind him

Dearton Thomas Hector

Chennai-based homestay aggregator Stayzilla's co-founder and chief executive Yogendra Vasupal, who was arrested on charges of ....

16 March, 2017

911—The number that spooked Snapdeal

Dearton Thomas Hector

On Wednesday, Snapdeal founders Kunal Bahl and Rohit Bansal said they will not take salaries for an undisclosed period as the ....

24 February, 2017

Snapdeal layoffs: In the works for months, but kept out of employees' sight

Varun Arora

For employees of India's third-largest e-commerce firm Snapdeal, the last couple of weeks have been stressful, to put it mildly. ....

23 February, 2017

FreeCharge CEO Govind Rajan quits

Arti Singh

FreeCharge chief executive officer Govind Rajan has resigned from the company just nine months after he was appointed to lead ....

22 February, 2017
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Snapdeal to lay off 600; founders forego salary

Dearton Thomas Hector

Jasper Infotech Pvt. Ltd, which runs Snapdeal, has decided to lay off 500-600 employees across the e-commerce marketplace and ....

22 February, 2017

Snapdeal continues cost cutting, disbands SD Instant team

Disha Sharma

After reports of Snapdeal laying off nearly 30% of its staff, co-founders Kunal Bahl and Rohit Bansal have sent out an e-mail ....

13 February, 2017

Snapdeal to lay off 30% of its workforce

Varun Arora

E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, plans to lay off almost 1,000 employees, which comprises 30% of ....

11 February, 2017

Will Snapdeal really turn profitable in next two years?

Disha Sharma

Snapdeal co-founder Kunal Bahl has said that the e-commerce firm is looking to turn profitable in the next two years and that ....

6 February, 2017

Kavin Mittal gets 24-fold hike in FY16

Disha Sharma

Kavin Bharti Mittal, CEO at Hike Ltd, received an almost 24-fold increase in compensation for 2015-16, as the messaging app expanded ....

20 January, 2017

Flashback 2016: Snapdeal struggles with FreeCharge poser, markdown by SoftBank

Disha Sharma

Snapdeal, India's third-largest e-commerce marketplace, had to fend off stiffer competition from larger rivals Flipkart and Amazon ....

27 December, 2016

On-demand delivery startup ShadowFax raises $10 mn

Bruhadeeswaran R

Hyperlocal logistics startup ShadowFax Technologies Pvt. Ltd has raised $10 million (Rs 68 crore) in Series B funding led by existing ....

25 December, 2016

How much stake founders Kunal Bahl, Rohit Bansal own in Snapdeal?

Disha Sharma

Snapdeal founders Rohit Bansal and Kunal Bahl together own just 6.38% of the e-commerce firm, a fourth lower than what they held ....

2 December, 2016

Flipkart, Snapdeal, Shopclues say demonetisation good for e-commerce industry

Arti Singh

Honchos of leading consumer internet companies in India have jointly hailed the demonetization move of the Central government. ....

17 November, 2016

What Snapdeal CEO Kunal Bahl's $100 mn investment plan in fashion means

Dearton Thomas Hector

Snapdeal co-founder and chief executive Kunal Bahl recently said something that took industry watchers by surprise. At an event ....

17 November, 2016

Century Textiles entangles Snapdeal and its founders in 'Dhoti' case

Maulik Vyas

Century Textiles and Industries Ltd has filed a case against e-commerce marketplace Snapdeal, its founders Rohit Bansal and ....

18 October, 2016