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Infibeam calls off pact to acquire Snapdeal unit Unicommerce

TMT

28 December, 2018

Infibeam calls off pact to acquire Snapdeal unit Unicommerce

Infibeam Avenues Ltd said on Friday it has terminated a deal to acquire Unicommerce eSolutions Pvt. Ltd from SoftBank-backed online ......

Foxconn writes off additional $40 mn stake in Snapdeal

TMT

15 May, 2018

Foxconn writes off additional $40 mn stake in Snapdeal

FIH Mobile Ltd, a subsidiary of Taipei-headquartered Foxconn Technology Group, has written down the remaining $40 million of its $200 ......

SoftBank's Saurabh Jalan joins Snapdeal board as Lydia Jett resigns

People

11 December, 2017

SoftBank's Saurabh Jalan joins Snapdeal board as Lydia Jett resigns

Jasper Infotech Pvt Ltd, which runs online marketplace Snapdeal, has appointed Saurabh Jalan, a representative from investor SoftBank, as an ......

Snapdeal elevates digital marketing chief Mayank Jain as product head

People

01 November, 2017

Snapdeal elevates digital marketing chief Mayank Jain as product head

Amid the exodus of senior executives, online retailer Snapdeal has initiated a management rejig with the elevation of its digital ......

Snapdeal threatens legal action to counter GoJavas' Rs 300-crore notice

TMT

30 October, 2017

Snapdeal threatens legal action to counter GoJavas' Rs 300-crore notice

Domestic e-commerce platform Snapdeal has refuted allegations made by GoJavas promoter Anand Rai, asking the logistics firm to either withdraw ......

Snapdeal's CTO Rajiv Mangla quits

TMT

28 October, 2017

Snapdeal's CTO Rajiv Mangla quits

Rajiv Mangla, the chief technology officer of online retailer Snapdeal, has resigned from the firm, a company spokesperson confirmed on ......

Snapdeal's CFO and general counsel Anup Vikal quits

People

17 October, 2017

Snapdeal's CFO and general counsel Anup Vikal quits

Anup Vikal, chief financial officer of online retailer Snapdeal and general counsel of its parent firm Jasper Infotech Pvt. Ltd, has ......

Vanguard hikes Flipkart valuation by 64%, Ola 14%

TMT

31 July, 2017

Vanguard hikes Flipkart valuation by 64%, Ola 14%

A mutual fund managed by US-based investment firm Vanguard Group has marked up the value of its stake in two ......

Snapdeal founders prefer sale to Infibeam as SoftBank pushes for Flipkart

TMT

24 July, 2017

Snapdeal founders prefer sale to Infibeam as SoftBank pushes for Flipkart

Online marketplace Snapdeal’s co-founders Kunal Bahl and Rohit Bansal reportedly want to sell their company to listed e-commerce firm Infibeam ......

SoftBank-backed Snapdeal rejects Flipkart's $700-800 mn takeover offer: Reports

TMT

05 July, 2017

SoftBank-backed Snapdeal rejects Flipkart's $700-800 mn takeover offer: Reports

The board of beleaguered e-commerce venture Snapdeal, operated by Jasper Infotech Pvt Ltd, has rejected a takeover offer of $700-800 ......