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Latest Articles in snapdeal

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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Paytm Set To Acquire Freecharge With Non-Exclusive Term Sheet

The year 2017 sees yet another consolidation with Paytm signing a non-exclusive term sheet to acquire Freecharge

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Snapdeal Founders, Nexus Reach Deal With SoftBank For Sale To Flipkart, Reports ET Now

Founders of Indian online marketplace Snapdeal and one of its early investors, Nexus, have reached an agreement with SoftBank Group that would allow the Japanese firm to move ahead with its plan to sell Snapdeal to bigger rival Flipkart

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Japan's SoftBank Takes Driving Seat In Indian Online Shake-up

After ploughing about $2 billion into minority stakes in Indian e-commerce businesses over the past few years, Japan's SoftBank is upping the stakes, looking to play consolidator and take a more active role at a trio of leading start-ups

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Proceed To Checkout

A possible merger with Snapdeal could help cement Flipkart’s foothold in India’s e-commerce sector

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Snapdeal Suffers In Snapchat Backlash

Several mobile users uninstalled the app of e-commerce firm Snapdeal to protest unverified comments about the Indian market by the CEO of social networking platform Snapchat in a case of mistaken identity

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Snapdeal Founders Move To Calm Employees Amid Takeover Speculation

The founders of Snapdeal told employees in an email that the e-commerce company will ensure there is no disruption to staff "as the way forward becomes clear," as speculation of a takeover swirls

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