Snapdeal

Snapdeal founders outline path to profitability after ending Flipkart merger talks

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31 July, 2017

Snapdeal founders outline path to profitability after ending Flipkart merger talks

E-commerce company Snapdeal has called off negotiations for a potential merger with Flipkart. Shortly after making the announcement on Monday, ......

TMT

31 July, 2017

Vanguard hikes Flipkart valuation by 64%, Ola 14%

A mutual fund managed by US-based investment firm Vanguard Group has marked up the value of its stake in two ......

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31 July, 2017

Snapdeal calls off merger with Flipkart; to tweak biz model, lay off staff

Online retailer Snapdeal has scrapped a proposed merger with bigger rival Flipkart after months of negotiations and will now tweak ......

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31 July, 2017

Flipkart-Snapdeal merger hangs in balance, may fall through

The merger of homegrown e-tailers Flipkart and Snapdeal is looking increasingly uncertain with SoftBank, the largest shareholder in Snapdeal, pulling ......

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28 July, 2017

How will FreeCharge deal benefit Axis Bank and Snapdeal?

Snapdeal has sold its digital payments arm FreeCharge to Axis Bank for $60 million. Although this is just 15% of ......

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28 July, 2017

Sale to Flipkart: Are Snapdeal board members fully on board yet?

It’s not over till it’s over.Recent reports of the Snapdeal board approving a proposal to merge the strife-stricken e-commerce company ......

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27 July, 2017

The rapid rise and the stunning decline in FreeCharge's fortunes

In April 2015, online retailer Snapdeal shelled out as much as $400 million for digital payments startup FreeCharge in what ......

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27 July, 2017

Axis Bank acquires FreeCharge for $60 mn

Private-sector lender Axis Bank said on Thursday it has agreed to acquire e-commerce firm Snapdeal's digital payments platform FreeCharge for ......

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26 July, 2017

PremjiInvest's stock swap demand last hiccup for Flipkart-Snapdeal merger

Even though the board of e-tailer Snapdeal has accepted rival Flipkart's revised takeover offer of $900 million, minority investor PremjiInvest's ......

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26 July, 2017

Snapdeal board approves Flipkart's $900 mn takeover offer

E-commerce firm Snapdeal's board has approved rival Flipkart's revised takeover offer of around $900 million, people aware of the development ......

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