Rohit Bansal
Retail
Snapdeal founders to take 100 pc pay cut, firm commences layoffs
IANS -
E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
Latest News
Snapdeal changes biz model again; forays into online services
Snapdeal has announced its entry into online services segment like flight and bus ticket bookings, hotel reservations and food ordering, becoming the first e-commerce marketplace to introduce services.
"Online services is an industry potentially worth US$ 100 billion by 2020...
Latest News
Anand Chandrasekaran quits as CPO Snapdeal
Snapdeal’s Chief Product Officer Anand Chandrasekaran has quit to start his own entrepreneurial venture. He has resigned just a year after he joined and adding to the list of recent high profile exits of Silicon Valley talents from the...
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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...
Retail
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...
Progressive Grocer
Indian craft beer brand Bira91 raises USD6 mn in Series A funding
Craft beer company B9 Beverages recently announced that it has raised USD 6 million in Series A funding from Sequoia Capital and other marquee investors for its handcrafted beer brand Bira91 (the number stands for India’s country code).
Other investors...
Retail
Snapdeal, Quikr go multilingual to tap India's diverse populace
Enabling millions of Indian to overcome language barriers e-commerce major Snapdeal has unveiled its multilingual interface. The new interface will let millions of shoppers shop online in their preferred regional language.
To start with, Snapdeal’s user interface, on the mobile,...
Retail
Snapdeal invests USD 20 million in logistics firm Gojavas
Snapdeal has invested an additional USD 20 million (about Rs 131 crore) in logistics and delivery services venture GoJavas, the New Delhi-headquartered company announced today.The latest fund infusion is the second such for Snapdeal in GoJavas, and comes seven...
Retail
Snapdeal acquires silicon valley startup Redcue Data
Online marketplace major Snapdeal has acquired Silicon Valley-based startup Reduce Data, a programmatic display advertising platform, to strengthen its discovery platform.
While the financial terms of the acquisition were not disclosed, the Reduce Data team will join Snapdeal, in the...
Retail
UrbanClap raises $ 10 ml in Series A funding to fuel expansion
UrbanClap, a mobile-based services marketplace, has reportedly raised $10 million in funding from its existing investors SAIF Partners and Accel Partners.
The Gurgaon-based startup, which raised a seed round of Rs 10 crore from SAIF Partners, Accel Partners and Snapdeal...
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Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth
The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C...
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