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Snapdeal to trim operations; workforce could be pared to about 500-600 people

Snapdeal to trim operations; workforce could be pared to about 500-600...

Snapdeal may trim its workforce to half from the current 1,200 employees over the next few months as it...
Nexus Venture supports Snapdeal's decision of not accepting Flipkart's offer

Nexus Venture supports Snapdeal’s decision of not accepting Flipkart’s offer

Nexus Venture Partners (NVP), an early investor in Snapdeal, has come out in support of the e-commerce firm's decision...
Dollar Bigboss eyes rural expansion, targets Rs 1000 crore turnover

Dollar Bigboss eyes rural expansion, targets Rs 1000 crore turnover

Hosiery major Dollar Industries Limited, which registered a turnover of Rs 906 crore for the FY 2016-17 and is...
Snapdeal's technology, product and engineering heads resign

Top brass exodus at Snapdeal after talks with Flipkart fall through

After the announcement of major layoff with an agenda to cut down 80 percent of its employee strength in...
Why did Snapdeal-Flipkart merger breakdown?

Why did the Snapdeal-Flipkart merger breakdown?

Both Kunal Bahl and Rohit Bansal put together have only 6.5 per cent of stake at Snapdeal. In spite...
Snapdeal's first investor Kenneth Glass supports Kunal Bahl's merger call off decision

Snapdeal’s first investor Kenneth Glass supports Kunal Bahl’s merger call off...

Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call...
Snapdeal 2.0 can survive on the money made from sale of assets; eyes gross profit of Rs 150 crore

Snapdeal 2.0 can survive on the money made from sale of...

Having dumped the US $950-million takeover offer from Flipkart, Snapdeal founders Kunal Bahl and Rohit Bansal said that the...
Snapdeal to cut down 80 per cent of its employee strength

Snapdeal to cut down 80 per cent of its employee strength

E-commerce major Snapdeal on Monday revealed that it is facilitating a major layoff in the company, with an agenda...
Snapdeal terminates merger talks with Flipkart

No Deal: Snapdeal ends merger talks with Flipkart

Leading e-tailer Snapdeal on Monday said it was terminating strategic discussions to sell its stake, ostensibly to rival Flipkart,...
Snapdeal to send Flipkart's US $900-950 million buyout proposal to shareholders this week

Snapdeal to send Flipkart’s US $900-950 million buyout proposal to shareholders...

Snapdeal is likely to send Flipkart's US $900-950 million buyout proposal to its shareholders this week to seek their...
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