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Finance
Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore
Five years after making its biggest bet in India’s e-commerce market, Jack Ma-led Alibaba and Ant Financials have exited Paytm ......
Finance
SoftBank-backed Snapdeal files for an IPO
E-commerce platform Snapdeal has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI) for ......
General
Brookfield eyes Mytrah Energy; Carlyle, Cadila team up for Bharat Serums bid
Canada’s Brookfield Asset Management Inc. is looking to acquire a majority stake in Mytrah Energy Ltd in a deal that ......
TMT
GIC, others infuse $16 mn more into ShopClues
Clues Network Pvt. Ltd, which operates online marketplace ShopClues has raised Rs 110 crore (about $16 million) in fresh capital ......
TMT
E-commerce enabler Anchanto raises $4 mn as part of Series C round
Anchanto, a Singapore- and Pune-based e-commerce fulfilment platform has raised $4 million (Rs 27 crore) as part of the first ......
TMT
eBay takes $61 mn impairment hit on Snapdeal investment
Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling its ......
TMT
Flipkart completes $100 million ESOP buyback
E-commerce firm Flipkart said it has completed the $100 million (Rs 645 crore) employee stock options repurchase programme that it ......
People
Flipkart long-timer Amitesh Jha to lead logistics arm eKart
Homegrown e-commerce firm Flipkart has entrusted long-timer Amitesh Jha with leading its logistics arm eKart just ahead of the festive ......
TMT
Flipkart will soon offer customers financial products and services
Homegrown e-commerce major Flipkart is mulling over providing financial products and services online, a segment that has seen tremendous growth ......
People
Flipkart CEO Krishnamurthy to oversee personnel, search on for HR chief
Flipkart chief executive Kalyan Krishnamurthy will directly oversee the human resources function at the company, as the e-commerce firm inches ......
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