Snapdeal
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...
General
Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio
Canadian pension funds CPPIB and CDPQ, Italy's Atlantia and billionaire Ajay Piramal-led Piramal Group are in the final round...
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...
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 rom 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 ......
TMT
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 ......
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