Snapdeal
Finance
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 ......
TMT
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 ......
TMT
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 ......
General
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, ......
TMT
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 ......
TMT
Infibeam calls off pact to acquire Snapdeal unit Unicommerce
Infibeam Avenues Ltd said on Friday it has terminated a deal to acquire Unicommerce eSolutions Pvt. Ltd from SoftBank-backed online ......
TMT
As ru-Net rebrands, here's why its India portfolio needs a breath of fresh air
Russian venture capital firm ru-Net, which has invested in at least 10 companies in India since foraying into the country ......
Finance
Nexus Venture Partners raises 70% of $450 mn target for new fund
Home-grown venture capital firm Nexus Venture Partners has raised 70% of the targeted $450 million (Rs 3,005 crore) for its ......
TMT
Foxconn writes off additional $40 mn stake in Snapdeal
FIH Mobile Ltd, a subsidiary of Taipei-headquartered Foxconn Technology Group, has written down the remaining $40 million of its $200 ......
TMT
eBay to sell Flipkart stake for $1.1 bn, relaunch India ops in new avatar
Global e-commerce firm eBay Inc said on Wednesday that it will sell its holdings in Flipkart for about $1.1 billion ......
