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Flipkart buy may give Snapdeal staff Rs 193 crore bonanza

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...
SoftBank secures crucial nod from Nexus for sale of Snapdeal to Flipkart

SoftBank secures crucial nod from Nexus for sale of Snapdeal to...

Japan's SoftBank has secured the crucial nod from co-investor Nexus Venture Partners (NVP) for sale of Snapdeal to India's...
SoftBank recognises $1.4 bn losses from India investments in 2016-17

SoftBank recognises $1.4 bn losses from Snapdeal, Ola in India in...

Japanese conglomerate SoftBank Group Corp (SBG) on Wednesday recognised losses of $1.4 billion in 2016-17 from its India investments...
Softbank closer to bringing Nexus on board for Snapdeal sale

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...
Snapdeal board meeting: SoftBank, Nexus did not reach an agreement on the sale

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...
Retrenchment in e-commerce industry not unique to India: Nirmala

Retrenchment in e-commerce industry not unique to India: Nirmala

Commerce and Industry Minister Nirmala Sitharaman has said corporate downsizing and retrenchment in the country's e-commerce industry were not...
Snapdeal founders to take 100 pc pay cut, firm commences layoffs

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,...
Fund raising in the Indian e-commerce declines 50 pc

Fund raising in the Indian e-commerce declines 50 pc

Fund raising in the Indian e-commerce sector declined 50 per cent in the April-June quarter over the same period...
Snapdeal invests Rs 1990 cr in supply chain, logistics

Snapdeal grows 90 pc but gross sales growth low

Online marketplace Snapdeal, one of SoftBank's biggest bets in India, registered a slower growth in its gross sales for...
Snapdeal invests Rs 1990 cr in supply chain, logistics

Snapdeal to buy Housing.com for close to $100 mn

Snapdeal, the online marketplace, is in the final stages of acquiring online real-estate firm Housing.com. The talks for the...