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Snapdeal founders to take 100 pc pay cut, firm commences layoffs

Snapdeal founders to take 100 pc pay cut, firm commences layoffs

E-commerce major Snapdeal on Wednesday reported that its founders have agreed to take a 100 per cent pay cut,...
Fund raising in the Indian e-commerce declines 50 pc

Fund raising in the Indian e-commerce declines 50 pc

Fund raising in the Indian e-commerce sector declined 50 per cent in the April-June quarter over the same period...
Snapdeal invests Rs 1990 cr in supply chain, logistics

Snapdeal grows 90 pc but gross sales growth low

Online marketplace Snapdeal, one of SoftBank's biggest bets in India, registered a slower growth in its gross sales for...
Snapdeal invests Rs 1990 cr in supply chain, logistics

Snapdeal to buy Housing.com for close to $100 mn

Snapdeal, the online marketplace, is in the final stages of acquiring online real-estate firm Housing.com. The talks for the...
OYO Rooms faces difficulties in closing new round of funding

OYO Rooms faces difficulties in closing new round of funding

Due to a slowdown in fundraising environment and competition in Indian online hotel aggregation space, the budget hotel room...
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