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Homegrown e-commerce players form group

Homegrown e-commerce players form group

Several Indian e-commerce players, including Snapdeal, Shopclues and Urbanclap, formed an association of their own, The E-Commerce Council of...
Snapdeal, Shopclues support Feb 1 deadline for e-commerce FDI rules

Snapdeal, Shopclues support Feb 1 deadline for e-commerce FDI rules

Smaller e-commerce players like Snapdeal and ShopClues have written to the Government opposing any move to extend the February...
New norms to ensure balanced growth of e-commerce: Snapdeal

New norms to ensure balanced growth of e-commerce: Snapdeal

The revised Foreign Direct Investment (FDI) policy on e-commerce would ensure balanced growth of the online industry with gains...
Snapdeal trims losses to Rs 613 cr for FY18, exudes confidence on hitting profits

Snapdeal trims losses to Rs 613 cr for FY18, exudes confidence...

E-commerce firm Snapdeal has narrowed its consolidated losses substantially to Rs 613 crore for FY2017-18, as per regulatory documents.According...
Snapdeal increases authorised capital to Rs 15 crore

Snapdeal increases authorised capital to Rs 15 crore

Jasper Infotech-owned leading e-tailer Snapdeal increased authorised capital from initial capital of Rs 10 lakh to Rs 15 crore...
Infibeam to buy Snapdeal’s Unicommerce in Rs 120 crore deal

Infibeam to buy Snapdeal’s Unicommerce in Rs 120 crore deal

Ahmedabad-based Infibeam said it will acquire Snapdeal’s subsidiary Unicommerce, which offers e-commerce enablement software, in a deal worth up...
Snapdeal posts Rs 4,647 crore net loss in 2016-17

Snapdeal posts Rs 4,647 crore net loss in 2016-17

E-commerce firm Snapdeal saw its losses mounting to Rs 4,647 crore for the fiscal ending March 2017, impacted by...
Top level exodus continues at Snapdeal; two more senior executives resign

Top level exodus continues at Snapdeal; two more senior executives resign

Amid severe administrative turmoil, two more senior executives submitted their resignation from e-commerce player Snapdeal, expressing their displeasure with...
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...
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...