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Flipkart backers GIC, Tiger Global take haircut as Singapore's Qoo10 buys ShopClues

TMT

01 November, 2019

Flipkart backers GIC, Tiger Global take haircut as Singapore's Qoo10 buys ShopClues

When Tiger Global and GIC bet on ShopClues around four years ago they were looking at the huge catalogue of ......

Grapevine: SoftBank may invest in Snapdeal; Everstone, ChrysCapital eye US firm

General

19 August, 2019

Grapevine: SoftBank may invest in Snapdeal; Everstone, ChrysCapital eye US firm

Japanese conglomerate SoftBank has shown interest in leading a $100 million (Rs 713 crore at current exchange rate) funding round ......

Podcast: SoftBank rolls out new Vision Fund; WestBridge, Baring, TPG in deal news

Investor Bulletin

26 July, 2019

Podcast: SoftBank rolls out new Vision Fund; WestBridge, Baring, TPG in deal news

SoftBank Group Corp launched its second Vision Fund on Friday, in perhaps the biggest investment-related news of this week. The ......

Anand Piramal invests in Snapdeal

People

23 July, 2019

Anand Piramal invests in Snapdeal

Online retailer Snapdeal Pvt. Ltd has raised funding from Piramal Group executive director Anand Piramal, ending a two-year drought for ......

Grapevine: Snapdeal-ShopClues deal may fall through; JSW eyes stressed power plants

General

20 June, 2019

Grapevine: Snapdeal-ShopClues deal may fall through; JSW eyes stressed power plants

Online retailer Snapdeal is unlikely to acquire ShopClues after a due diligence process revealed that the smaller rival had significant ......

Nexus Venture Partners inches towards final close of fifth fund

Finance

24 May, 2019

Nexus Venture Partners inches towards final close of fifth fund

Homegrown venture capital firm Nexus Venture Partners, which is known for bets on Snapdeal, Delhivery and ShopClues, has received commitment ......

Snapdeal considers $200-250 mn bid for ShopClues

TMT

22 May, 2019

Snapdeal considers $200-250 mn bid for ShopClues

Indian online retailer Snapdeal is conducting due diligence on ShopClues, in a move likely to result in a potential acquisition ......

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In Charts: How much cash did India's top-funded startups burn in FY18?

TMT

12 April, 2019

In Charts: How much cash did India's top-funded startups burn in FY18?

India’s heavily funded technology startups are growing at a breakneck speed even though they have shifted gears downwards and have ......

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

General

09 April, 2019

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

Online retailer Snapdeal is in talks to acquire rival ShopClues, two media reports said. Citing a source familiar with the negotiations, ......

Govt's draft e-commerce policy focuses on data localisation, fighting counterfeits

TMT

25 February, 2019

Govt's draft e-commerce policy focuses on data localisation, fighting counterfeits

The Indian government has issued a draft national e-commerce policy that aims to regulate cross-border data flow, fight piracy and ......

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