Snapdeal
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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...
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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 rom SoftBank-backed online...
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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 ......
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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 ......
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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 ......
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Infibeam to acquire Snapdeal's tech solutions arm Unicommerce
Infibeam Incorporation Ltd, the parent of the country's only listed e-commerce company, will acquire 100% stake in Unicommerce, the technology ......
People
Video streaming giant Netflix hires new India legal head
US-headquartered video streaming giant Netflix Inc has hired a new legal head for its Indian operations.Netflix told VCCircle that Ashish ......
General
Canada fund CDPQ eyes CLP India; Kalaari in talks to sell stake in Snapdeal
Canada's second-biggest public pension fund, La Caisse de dépôt et Placement du Québec (CDPQ), is in advanced talks with investment ......
TMT
Snapdeal strategy chief Jason Kothari backs US flower e-commerce firm
Jason Kothari, chief strategy and investment officer at Snapdeal, has made a personal investment in ItsByU, a flower e-commerce company ......
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