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Future Group acquires Snapdeal’s Vulcan Express

Future Group on Friday said it has acquired Jasper Infotech-owned Snapdeal's logistics arm Vulcan Express at Rs 35 crore."Jasper Infotech, which also owns Snapdeal... has entered into an agreement with Future Supply Chain Solutions... to sell 100 per cent...

Future Group may buy Snapdeal’s logistics arm Vulcan Express

Kishore Biyani-led Future Group is in initial stage of discussions to buy Snapdeal’s logistics arm — Vulcan Express — for about Rs 50 crore as the former looks to strengthen its supply chain business, according to multiple sources close...

Flipkart expected to make revised offer for Snapdeal

Flipkart is expected to make a revised offer in the next few days for buying Snapdeal, after its first proposal of US $850 million was rejected by the Board of the smaller rival. According to a PTI report: The new...

Snapdeal’s Vulcan Express to offer GST compliant logistics network

Snapdeal’s fully owned subsidiary Vulcan Express is all set to expand and start serving new clients in both the B2B and B2C space from next month onwards. This will be in addition to its core business which come from...

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, even as the firm initiated a process to rationalise a part of its workforce to make the company profitable in...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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