snapdeal
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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...
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Are mergers the roadmap to success for the e-commerce industry?
Experts have long believed that 2016-17 will witness a large number of mergers and acquisitions (M&A) in the startup industry - a supposition that was corroborated with the merger of Goibibo with MakeMyTrip. Indeed, the corporate appetite for M&A has...
Retail
Alibaba, SAIF Partners to invest US $200 in Paytm's online marketplace unit
Chinese e-commerce major Alibaba Group Holding Ltd, along with investment firm SAIF Partners, are set to invest US $200 million in Paytm’s online marketplace unit.
Alibaba Singapore E-Commerce Pvt. Ltd will invest US $177 million in Paytm E-Commerce Pvt. Ltd—a...
Retail
Snapdeal launches GST Guru initiative to train sellers on GST roll out
Snapdeal, India’s largest online marketplace, has announced the launch of GST Guru, a program which will include a range of initiatives to help prepare the sellers on its platform for the impending GST reforms, expected to roll out this...
Retail
The Snapdeal Crisis: Are the current layoffs an opportunity in disguise?
Hundreds of employees are being handed the pink slip by beleaguered companies like Snapdeal and Stayzilla after these firms went into cost cutting mode.
Snapdeal last week went into crisis mode after talks for a bridge round of funding with...
Retail
Paytm offers jobs to Snapdeal, Stayzilla ex-staffers
With hundreds of employees being handed out pink slips by companies such as Snapdeal and Stayzilla, Paytm is walking into the ring by offering generous job offers to laid-off staffers.
Founder and CEO, Paytm, Vijay Shekhar Sharma tweeted: “Hello, Tech/Product...
Retail
Retrenchment in e-commerce industry not unique to India: Nirmala
IANS -
Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not unique phenomena happening in India but were occurring globally.
The minister's comments came a day after major layoffs were announced by...
Retail
Snapdeal founders to take 100 pc pay cut, firm commences layoffs
IANS -
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...
Retail
Snapdeal to lay off 600 people across e-commerce, logistics, payments operations over next few days
SoftBank-backed Snapdeal will lay off around 600 people across its e-commerce, logistics and payments operations over the next few days.
According to sources close to PTI, the company started the process last week and will lay off 500-600 people across...
Retail
FreeCharge CEO Govind Rajan quits; Jason Kothari to take charge of biz ops
Freecharge CEO Govind Rajan has resigned within a year of taking charge at the Snapdeal subsidiary.
Going forward Jason Kothari will oversee the business operations of FreeCharge as part of his overall responsibilities of portfolio management as the Chief Strategy...
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How Madhav Kasturia of Zippee is addressing critical pain points of quick commerce
The founder and chief executive officer of Zippee is helping D2C brands and e-commerce players bridge the gap between...
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