Sat, Feb 01, 2020
Budget 2020: One of the biggest announcements from Finance Minister Nirmala Sitharaman in Union Budget 2020 came in the form of five-year tax holiday on employees' stock ownership plan (ESOPs) for start-ups, a move that has been welcomed by both startups themselves as well as experts.
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Fri, Jan 10, 2020
In a major development, e-commerce marketplace Snapdeal has revealed that it plans to add another 5000 manufacturer-sellers on its platform this year.
Fri, Dec 06, 2019
Snapdeal has expanded its network to cover small towns in key markets like Uttar Pradesh, Maharashtra, West Bengal, Karnataka, Gujarat, Rajasthan, Kerala, Tamil Nadu, Madhya Pradesh, etc. It now also covers more pin codes in lower density markets like Uttarakhand, Sikkim, Arunachal Pradesh, Goa, Nagaland, etc.
Sun, Dec 24, 2017
The year of 2017 saw higher investments and some major transformations with competitors scattering to close market share in rural India.
Wed, Dec 06, 2017
The top Indian startups with valuation of over USD 1 billion each are on a hiring spree and more than half of all job postings by these unicorns are for fresh graduates, says a report.
Fri, Oct 27, 2017
This is the highest ever sale monthly sales e-tailers achieved highest over the course of the festive month 2017. It saw 45% higher sales than the festive period last year.
Sun, Oct 15, 2017
E-commerce websites that kicked off their Diwali sales on Saturday are advertising for discounts on smartphones. We bring you all the details.
Mon, Sep 25, 2017
India currently has 9 unicorn start-up firms including Flipkart, Hike, InMobi, Ola Cabs, Paytm, ReNew Power Ventures, ShopClues, Snapdeal and Zomato.
Thu, Sep 21, 2017
Hinting at consolidation and possible divestments of certain businesses which once defined the group, Tata said the conglomerate may look very different in the next decade, although the 150-year-old group will always strive to retain its culture.
Sun, Sep 17, 2017
Virat Kohli took a surprising decision to choose to not renew his deal with Pepsi as he said he would not endorse any product which he would not use.
Wed, Aug 23, 2017
Bengaluru and Delhi start-ups received most of the funding during the last 5 years, with a majority of the start-up unicorns in these cities.
While Flipkart and Amazon were the joint leaders in terms leadership in the e-tailing space, Flipkart had an edge in the non-metro markets in India.
Tue, Aug 22, 2017
Flipkart is India’s most well-funded startup in the Indian tech space. It is currently valued at $11.6 billion.
Sun, Aug 06, 2017
MobiKwik has so far raised over USD 85 million in funding from investors like South Africa's payments major Net1, Sequoia Capital, American Express, Tree Line Asia and Cisco Investments.
Tue, Aug 01, 2017
Flipkart said, "Effective immediately, Flipkart will own and operate eBay.in, which will remain an independent entity as a part of Flipkart. Additionally, both companies are also partnering to leverage opportunities in cross-border trade."
SoftBank is the largest investor in Snapdeal and with this deal (Snapdeal-Flipkart merger) the Japanese firm was trying to engineer an all-stock transaction for months, as a means to secure a sizeable stake in Flipkart.
Mon, Jul 31, 2017
Snapdeal on Monday denied reports that it will be sacking 1,000 employees after it walked away from the Flipkart deal.
Snapdeal decides to end merger talks with Flipkart and receives its blessings from investor SoftBank.
Snapdeal`s founders are opposed to the Indian e-commerce firm`s acquisition by bigger rival Flipkart and would instead prefer to independently run a smaller version of the online marketplace, sources told Reuters on Monday.
Sun, Jul 30, 2017
The Board wants to get the shareholders' opinion on the proposed deal, two people aware of the developments said.
Thu, Jul 27, 2017
Axis Bank announced on Thursday that it acquired Freecharge from Snapdeal in an all-cash deal for Rs 385 crore.
The acquisition of Freecharge and Accelyst is expected to complete within two months, Axis Bank said.
Wed, Jul 26, 2017
The board of Indian online marketplace Snapdeal accepted bigger rival Flipkart`s revised takeover offer of $900 million-$950 million last week, two sources familiar with the matter said on Wednesday.
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