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Snapdeal

Snapdeal expands value lifestyle portfolio; onboards multiple brands

Snapdeal expands value lifestyle portfolio; onboards multiple brands

Mon, Feb 26, 2024

Snapdeal said that it's new fashion lineup features brands like Jockey, Rosaline by Zivame, Varanga, House of Ramraj Cotton, John Players, Clovia, Red Tape, Janasya, Aurelia, Nauti Natti and the newly introduced Ketch

Snapdeal logs Rs 388 crore revenue in FY23, reduces losses by 45%

Snapdeal logs Rs 388 crore revenue in FY23, reduces losses by 45%

Sat, Dec 30, 2023

Snapdeal's consolidated revenue declined 31 per cent to Rs 388 crore during FY23 from Rs 563 crore in FY22.“In the ongoing October-December quarter, we are profitable on a consolidated basis,” the company said.

Govt issues notices to Amazon, Flipkart, Snapdeal for selling toys without BIS quality mark

Govt issues notices to Amazon, Flipkart, Snapdeal for selling toys without BIS quality mark

Thu, Jan 12, 2023

The consumer protection regulator has issued notices to e-commerce platforms Amazon, Flipkart and Snapdeal for allegedly selling toys without BIS quality mark.

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Future group in talks to buy Snapdeal's logistics arm Vulcan Express

Future group in talks to buy Snapdeal's logistics arm Vulcan Express

Wed, Jan 03, 2018

As per the report, Vulcan Express, which manages about half of Snapdeal's deliveries and shipments, replaced gojavas as the primary logistics partner when it was formed about three years ago.

E-commerce sector rides on Digital India, note ban

E-commerce sector rides on Digital India, note ban

Sat, Dec 30, 2017

More than computer-based Internet penetration and broadband extension, the record growth of smartphones and the 4G network rollout made e-tailing popular even in secondary cities and towns across the country thanks to easy and quick access to information and data on products and services.

2017: The year that was in India’s e-commerce sector

2017: The year that was in India’s e-commerce sector

Sun, Dec 24, 2017

The year of 2017 saw higher investments and some major transformations with competitors scattering to close market share in rural India.

Top Indian startups with valuation of over $1 billion each are on hiring spree: Report

Top Indian startups with valuation of over $1 billion each are on hiring spree: Report

Wed, Dec 06, 2017

The top Indian startups with valuation of over USD 1 billion each are on a hiring spree and more than half of all job postings by these unicorns are for fresh graduates, says a report.

E-commerce industry generates sales of Rs 19,000 crore from festive sale month

E-commerce industry generates sales of Rs 19,000 crore from festive sale month

Fri, Oct 27, 2017

This is the highest ever sale monthly sales e-tailers achieved highest over the course of the festive month 2017. It saw 45% higher sales than the festive period last year.

Festive sales: Flipkart, Amazon, Snapdeal offer smartphones on a budget this Diwali

Festive sales: Flipkart, Amazon, Snapdeal offer smartphones on a budget this Diwali

Sun, Oct 15, 2017

E-commerce websites that kicked off their Diwali sales on Saturday are advertising for discounts on smartphones. We bring you all the details.

India has highest number of unicorn start-ups outside the US

India has highest number of unicorn start-ups outside the US

Mon, Sep 25, 2017

India currently has 9 unicorn start-up firms including Flipkart, Hike, InMobi, Ola Cabs, Paytm, ReNew Power Ventures, ShopClues, Snapdeal and Zomato.

Face of Tata group to change in next decade, Ratan Tata says

Face of Tata group to change in next decade, Ratan Tata says

Thu, Sep 21, 2017

Hinting at consolidation and possible divestments of certain businesses which once defined the group, Tata said the conglomerate may look very different in the next decade, although the 150-year-old group will always strive to retain its culture.

Why celebrities have turned the tables on brands by ending their endorsements

Why celebrities have turned the tables on brands by ending their endorsements

Sun, Sep 17, 2017

Virat Kohli took a surprising decision to choose to not renew his deal with Pepsi as he said he would not endorse any product which he would not use.

Bengaluru, Delhi, Mumbai start-ups received nearly 80% of funding deals in last 5 years

Bengaluru, Delhi, Mumbai start-ups received nearly 80% of funding deals in last 5 years

Wed, Aug 23, 2017

Bengaluru and Delhi start-ups received most of the funding during the last 5 years, with a majority of the start-up unicorns in these cities.

Flipkart gets an edge over Amazon in the fast growing non-metro markets: Report

Flipkart gets an edge over Amazon in the fast growing non-metro markets: Report

Wed, Aug 23, 2017

While Flipkart and Amazon were the joint leaders in terms leadership in the e-tailing space, Flipkart had an edge in the non-metro markets in India.

Investment in Indian startups in 2016 was less than half of Flipkart’s total funding

Investment in Indian startups in 2016 was less than half of Flipkart’s total funding

Tue, Aug 22, 2017

Flipkart is India’s most well-funded startup in the Indian tech space. It is currently valued at $11.6 billion.

MobiKwik eyes raising $100 million in funding this year

MobiKwik eyes raising $100 million in funding this year

Sun, Aug 06, 2017

MobiKwik has so far raised over USD 85 million in funding from investors like South Africa's payments major Net1, Sequoia Capital, American Express, Tree Line Asia and Cisco Investments.

eBay.in is now part of Flipkart

eBay.in is now part of Flipkart

Tue, Aug 01, 2017

Flipkart said, "Effective immediately, Flipkart will own and operate eBay.in, which will remain an independent entity as a part of Flipkart. Additionally, both companies are also partnering to leverage opportunities in cross-border trade."

SoftBank likely to invest over Rs 12,000 crore in Flipkart, report says

SoftBank likely to invest over Rs 12,000 crore in Flipkart, report says

Tue, Aug 01, 2017

SoftBank is the largest investor in Snapdeal and with this deal (Snapdeal-Flipkart merger) the Japanese firm was trying to engineer an all-stock transaction for months, as a means to secure a sizeable stake in Flipkart.

Snapdeal denies reports of 80% layoff of its employees

Snapdeal denies reports of 80% layoff of its employees

Mon, Jul 31, 2017

Snapdeal on Monday denied reports that it will be sacking 1,000 employees after it walked away from the Flipkart deal.

Snapdeal rejects Flipkart acquisition deal; plans to walk alone ahead

Snapdeal rejects Flipkart acquisition deal; plans to walk alone ahead

Mon, Jul 31, 2017

Snapdeal decides to end merger talks with Flipkart and receives its blessings from investor SoftBank.

Snapdeal founders keen to run smaller online marketplace, oppose Flipkart bid

Snapdeal founders keen to run smaller online marketplace, oppose Flipkart bid

Mon, Jul 31, 2017

Snapdeal`s founders are opposed to the Indian e-commerce firm`s acquisition by bigger rival Flipkart and would instead prefer to independently run a smaller version of the online marketplace, sources told Reuters on Monday.

Snapdeal to send Flipkart's proposal to shareholders this week

Snapdeal to send Flipkart's proposal to shareholders this week

Sun, Jul 30, 2017

The Board wants to get the shareholders' opinion on the proposed deal, two people aware of the developments said.

Here's how Freecharge acquisition will bolster Axis Bank's digital arm

Here's how Freecharge acquisition will bolster Axis Bank's digital arm

Thu, Jul 27, 2017

Axis Bank announced on Thursday that it acquired Freecharge from Snapdeal in an all-cash deal for Rs 385 crore.

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