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Latest Articles in snapdeal

Anand Piramal Invests In Snapdeal

Snapdeal's 2.0 strategy has allowed it to rapidly build a differentiated business, with a sharp focus on value-priced merchandise – the largest segment in retail

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Osram Unveils Rallye For Indian Automotive Aftermarket

The Automotive lighting Segment, which is the largest business sector for OSRAM globally contributes to around 60% of Osram’s market revenues in India with over 300+ product types for cars, buses, trucks and motorcycles and bikes

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Snapdeal CFO Anup Vikal Resigns

Vikal had joined Snapdeal in October 2015 after leaving Aircel. Media reports suggest that he may join Essar Oil as its new CFO

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SoftBank's Vision Fund Acquires Stake In Flipkart

The SoftBank Vision Fund has invested in Flipkart via a mix of direct capital infusion and buying out stakes from some of the firm's existing investors

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SoftBank In Talks To Invest In Flipkart Through Fund, Sources Say

SoftBank, already invested in Indian online grocer Grofers and cab hailing firm Ola, tried for months to engineer a share swap transaction between Snapdeal and Flipkart, India's two main homegrown e-commerce companies

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Snapdeal Ends $950 Million Merger Talks With Flipkart

Snapdeal has been exploring strategic options over the last several months. The company has now decided to pursue an independent path

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Snapdeal Board Approves Flipkart's $900-$950 Million Takeover Offer

Shareholders of Snapdeal will now have to approve the deal, the sources told Reuters, declining to be named as the discussions are not public

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Flipkart Lifts Bid For Rival Snapdeal To Up To $950 Million

The sources, who asked not to be named as the discussions are not public, said talks between the two sides are ongoing

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Flipkart Could Offer $900-950 Million For Snapdeal

The new offer almost matches the initial asking price of $1 billion for acquisition of the beleaguered e-commerce marketplace, sources privy to the development said.

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Snapdeal Rejects $700-$800 Million Flipkart Bid

The board of Indian online marketplace Snapdeal has rejected a bid worth $700-$800 million from Flipkart after due diligence by its bigger rival, Mint newspaper reported

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Flipkart-Snapdeal Merger At Risk As Azim Premji Objects

One of the smaller investors in Snapdeal, the family office of billionaire Azim Premji, objects to special payments to certain shareholders including its two co-founders and two early backers, according to people familiar with the discussions.

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‘India Needs People Evolution, Not Tech Revolution’

From sending emails to High-Tech advancements, HR technologies have come a great way, but there is a long road ahead.

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Snapdeal Raises Over Rs 113 Crore From NVP, Founders

Snapdeal has raised over Rs 113 crore from early investor Nexus Venture Partners and founders Kunal Bahl and Rohit Bansal, amid talks of a potential sale of the e-commerce firm to larger rival Flipkart

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Flipkart Takeover May Leave Snapdeal’s Employees Richer By Rs 193 Crore

With the Flipkart and Snapdeal merger on the verge of completion, reports suggest that Snapdeal will offer its staff a $30 million (Rs 193 crore) bonanza upon the completion of the deal

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Snapdeal-Flipkart Deal May Leave Staff Richer By Rs 193 Crore

Sale of a company often leaves employees high and dry, but not in the case of Snapdeal that may offer a Rs 193 crore bonanza to its staff if the homegrown e-commerce firm is taken over by larger rival Flipkart

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