snapdeal
Retail
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,...
Retail
Flipkart buy may give Snapdeal staff Rs 193 crore bonanza
Sale of a company often leaves employees high and dry, but not in the case of Snapdeal that may offer a Rs 193 crore bonanza to its staff if the homegrown e-commerce firm is taken over by larger rival...
Retail
Snapdeal announces Unbox Dhamaka Sale
Before its own possible sale to rival Flipkart, e-commerce firm Snapdeal has announced its 'Unbox Dhamaka Sale' offering customers huge discounts and attractive deals.
According to PTI report: In its two-day mega sale on May 11-12, Snapdeal will offer up...
Retail
SoftBank secures crucial nod from Nexus for sale of Snapdeal to Flipkart
Japan's SoftBank has secured the crucial nod from co-investor Nexus Venture Partners (NVP) for sale of Snapdeal to India's largest e-commerce firm, Flipkart, sources told PTI.
According to a PTI report: SoftBank -- the largest shareholder in Snapdeal -- had...
Retail
SoftBank recognises $1.4 bn losses from Snapdeal, Ola in India in 2016-17
IANS -
Japanese conglomerate SoftBank Group Corp (SBG) on Wednesday recognised losses of $1.4 billion in 2016-17 from its India investments -- Snapdeal and Ola.
"SBG recorded loss from financial instruments of 160,419 million Japanese Yen ($1.4 billion) in its consolidated financial...
Retail
Softbank closer to bringing Nexus on board for Snapdeal sale
Japan's SoftBank is believed to have moved a step closer to securing the consent of co- investor Nexus Venture Partners (NVP) for selling Snapdeal to India's largest e-commerce firm Flipkart.
A meeting was held on Wednesday and the impasse over...
Fashion & Lifestyle
Gritstones ropes in Amit Sadh as their new brand face
With its inception for about 5 years now, Gritstones has been creating an ensemble in the world of men’s fashion. With customers support and positive acclamation, Gritstones have been touching heights with its abundance presence in the online shopping...
Retail
Snapdeal’s mobile app gets an upgrade; to offer a more personalized and enriching consumer experience
Snapdeal, India’s largest online marketplace, has added new features on their Android app. The revamp has been done to add more personalized content and product recommendations; making the consumer’s experience faster and more relevant, in line with their past...
Retail
No agreement on Snapdeal sale yet between SoftBank, Nexus
Japanese firm SoftBank could not manage a crucial nod from co-investor Nexus Venture Partners (NVP) for the sale of Snapdeal, possibly to Flipkart.
According to a PTI report: The board meeting of Snapdeal, where SoftBank and Nexus have representatives, did...
Retail
Snapdeal board meeting to discuss selling out to Flipkart
The board of Snapdeal is expected to meet on Tuesday to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart.
Also, on the agenda will be getting Nexus Venture Partners (NVP), an early investor in...
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How the activewear brand Tego is winning over customers
Tego’s revenue has grown in triple digits every year and it is looking for the right institutional or strategic...
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