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Snapdeal, Flipkart may ink merger next week

Startups

10 May, 2017

Snapdeal, Flipkart may ink merger next week

The impending merger of troubled e-commerce firm Snapdeal with bigger rival Flipkart could happen as early as next week, two ......

Snapdeal board meeting fails to break SoftBank-Nexus deadlock

TMT

02 May, 2017

Snapdeal board meeting fails to break SoftBank-Nexus deadlock

The potential merger between Indian e-commerce companies Flipkart and Snapdeal continues to hang in the balance with a crucial board ......

Snapdeal board to discuss merger with Flipkart

TMT

02 May, 2017

Snapdeal board to discuss merger with Flipkart

Troubled e-commerce firm Snapdeal is likely to finalise the particulars of its sale to rival Flipkart in a board meeting ......

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How much would Kalaari and Nexus reap from Snapdeal exit?

TMT

25 April, 2017

How much would Kalaari and Nexus reap from Snapdeal exit?

Venture capital investors typically depend on a handful of portfolio companies for blockbuster returns that could help them offset losses ......

Bangalore court summons Snapdeal over non-payment of dues

TMT

06 April, 2017

Bangalore court summons Snapdeal over non-payment of dues

Jasper Infotech Pvt Ltd, which owns e-commerce major Snapdeal, and 11 executives from the firm, including co-founder Kunal Bahl, have ......

Ram Gupta joins Nexus Venture Partners investment team

Finance

06 April, 2017

Ram Gupta joins Nexus Venture Partners investment team

Ram GuptaRam Gupta, the former president and CEO of the US-based Cast Iron Systems Inc, has joined venture capital ......

Game of stakes: SoftBank pulls out of $150-200 mn funding in Snapdeal

TMT

03 April, 2017

Game of stakes: SoftBank pulls out of $150-200 mn funding in Snapdeal

In what signals worsening board room crisis at home-grown e-commerce firm Snapdeal, its biggest stakeholder SofBank has backed out of ......

Now playing at Snapdeal: Mighty SoftBank vs Kalaari and Nexus

TMT

31 March, 2017

Now playing at Snapdeal: Mighty SoftBank vs Kalaari and Nexus

The list of crises at online marketplace Snapdeal seems never-ending. After massive layoffs, mounting losses and a serious fund crunch, ......

ShopClues and Droom founder Sandeep Aggarwal to play angel now

TMT

29 March, 2017

ShopClues and Droom founder Sandeep Aggarwal to play angel now

Sandeep Aggarwal, co-founder of ecommerce firm ShopClues and founder of automobile marketplace Droom, said he would step up his angel ......

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Japan's NTT to buy Sharad Sanghi's stake to complete Netmagic acquisition

TMT

24 March, 2017

Japan's NTT to buy Sharad Sanghi's stake to complete Netmagic acquisition

Japan’s NTT Communications Corporation is set to complete the buyout of data centre company that once counted a string of ......