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Inside Snapdeal 2.0: Unboxing the former e-comm star’s comeback plan

Himanshu Chakrawarti, CEO of Snapdeal, reveals how the e-commerce platform is quietly working on fulfilling the value lifestyle aspirations of 64% of Indians residing in Bharat, in its new avatar. But will its latest pivot work, is the million-dollar...

Jewellery retailer BlueStone launches 2nd store in Thiruvananthapuram

The new store is the omnichannel jewellery retailer's second outlet in the city and is located at Mahatma Gandhi Road, Pulimoodu, Thiruvananthapuram, Kerala Bengaluru: Digital-first fine jewellery brand BlueStone has launched a new outlet at Thiruvananthapuram in Kerala, a company official wrote...

Milkbasket plans to launch IPO next year

Daily grocery delivery platform Milkbasket has advanced its plan to launch an initial public offering by the second half of next year, buoyed by strong growth in business in recent months amid the pandemic, a top company executive said. Speaking...

Milkbasket raises US$ 10.5 mn from Unilever Ventures, others

Grocery delivery startup Milkbasket Tuesday said it has raised an additional US$ 10.5 million (approx Rs 69.20 crore) in its latest round of funding led by Unilever Ventures, with participation from Mayfield India, Kalaari Capital, and Blume Ventures and...

Milkbasket acquires Veggie India

Daily grocery delivery start-up Milkbasket Tuesday said it has acquired Noida-based Veggie India for an undisclosed amount.As per the deal, all Veggie India employees, including founders Jainendra Upadhyay and Shailendra Upadhyay, will join Milkbasket."The acquisition is in line with...

Milkbasket raises Rs 47 crore in series A round funding

Gurgaon-based Aaidea Solutions Pvt. Ltd, which runs micro-delivery grocery startup Milkbasket, has raised US $7 million (Rs 47 crore) in a Series A funding round led by early-stage investment firm Kalaari Capital.Singapore’s BeeNext and existing investors Unilever Ventures and...

Urban Ladder raises US $12mn from Kalaari, Saif Partners and others

Home furnishing company Urban Ladder said it has raised an internal round of US $12 million from Kalaari Capital, Saif Partners, Sequoia Capital, and Steadview Capital.In combination with the US $15 million raised in January 2017, these funds will...

Snapdeal's first investor Kenneth Glass supports Kunal Bahl's merger call off decision

Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call off merger talks with larger rival Flipkart. According to a PTI report: Glass, a former Microsoft executive, has written an email...

Flipkart expected to offer US $900-950 million for Snapdeal

E-commerce major Flipkart is expected to make a revised offer of $900-950 million for buying rival Snapdeal, according to sources close to PTI. According to a PTI report: The new offer almost matches the initial asking price of $1 billion...

Vani Kola quits Snapdeal board

Managing Director, Kalaari Capital, Vani Kola has resigned from the board of troubled online marketplace Snapdeal, amid talks to sell the company to larger rival Flipkart. According to the letter of resignation, addressed to the company’s board, dated May 2,...
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Swiggy secures shareholders’ nod to raise over Rs 10,400 cr via IPO

 The Bengaluru-based company plans to raise up to Rs 3,750 crore funds through fresh equity shares, in addition to...
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