Snapdeal in talks for $100m at valuation of $800m-1.2bn
The new round is expected to benchmark a new valuation for Snapdeal besides testing if its founders can win investor trust for the business after seeing a significant value erosion, said the first source mentioned earlier.
$24 million funding takes Amica pre launch valuation to $70 million
A host of investors are banking on new age startups for bumper returns. T...
Now you can chat and consult with doctors on this app
The app has nearly half a million users, about 35,000 doctors and clinics in major citi...
Snapdeal bars 8,000 in 8 months over counterfeit products
The statement comes against the backdrop of the recent incident where a Congress leader in Rajasthan filed a complaint against Snapdeal founders Kunal Bahl and Rohit Bansal over allegedly receiving fake products.
Tenacity of Snapdeal founders makes them 'Comeback Kid' in ET Startup Awards 2019
The company has moved away from competing with Amazon and Flipkart and is focused on what it calls value-conscious customers.
Snapdeal delivers 'fake' products; company founders booked
He alleged that some months back Snapdeal did not deliver the wrist watch he ordered, while a message from the site claimed it had reached his home. However, he got a refund when he complained.
Snapdeal ramps up its legal department: Poaches from Johnson & Johnson and Flipkart
The SoftBank backed Snapdeal has hired Prankur Chaturvedi, legal counsel at Johnson & Johnson to head its contract and compliance department.
Oyo founder in talks to buy back $1.5 billion shares
The move, unprecedented among new-age Indian startups, will help Agarwal raise his stake to around 30%.
Kunal Bahl and Rohit Bansal’s silent takeover at Snapdeal
Things had started falling apart for Snapdeal after June 2016 with the exit of Nikesh Arora.
Oyo's Ritesh Agarwal, top execs to pool individual angel investments through Raaga Partners
Raaga would be a pooled investment vehicle for founding team at Oyo to make collective bets on select startups. The move mirrors previous efforts by India’s top entrepreneurs- including Snapdeal founders- to create separate vehicles for their personal investments.
Fair-weather friends: How Snapdeal founders found support during tough times
Through this personal experience, Kunal Bahl learnt a lesson for life: If you see someone in need, reach out.
Snapdeal founders share the story of its turnaround
Founders Kunal Bahl and Rohit Bansal put up a brave, even ambitious, front, announcing a new strategy.
Snapdeal turns cash-flow positive in June; to reinvest for growth
In an internal letter shared with employees and their families, founders Kunal Bahl and Rohit Bansal said the ecommerce firm had turned cash-flow positive in the month of June, becoming the only Indian ecommerce firms to achieve this.
Sellers move courts against Snapdeal for non-payment of dues
At least two sellers have dragged Snapdeal’s owner Jasper Infotech to courts for non-payment of dues. Snapdeal founders are also party in the case.
Snapdeal FY 2017 losses widen by 75%, hurt by impairment charges; revenue also plunges
According to regulatory filing to the corporate affairs ministry by Jasper Infotech, which runs Snapdeal, had registered a net loss of Rs 3,340 crore in 2015-16.
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