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How will FreeCharge deal benefit Axis Bank and Snapdeal?

TMT

28 July, 2017

How will FreeCharge deal benefit Axis Bank and Snapdeal?

Snapdeal has sold its digital payments arm FreeCharge to Axis Bank for $60 million. Although this is just 15% of ......

Sale to Flipkart: Are Snapdeal board members fully on board yet?

TMT

28 July, 2017

Sale to Flipkart: Are Snapdeal board members fully on board yet?

It’s not over till it’s over.Recent reports of the Snapdeal board approving a proposal to merge the strife-stricken e-commerce company ......

The rapid rise and the stunning decline in FreeCharge's fortunes

TMT

27 July, 2017

The rapid rise and the stunning decline in FreeCharge's fortunes

In April 2015, online retailer Snapdeal shelled out as much as $400 million for digital payments startup FreeCharge in what ......

Axis Bank acquires FreeCharge for $60 mn

TMT

27 July, 2017

Axis Bank acquires FreeCharge for $60 mn

Private-sector lender Axis Bank said on Thursday it has agreed to acquire e-commerce firm Snapdeal's digital payments platform FreeCharge for ......

PremjiInvest's stock swap demand last hiccup for Flipkart-Snapdeal merger

TMT

26 July, 2017

PremjiInvest's stock swap demand last hiccup for Flipkart-Snapdeal merger

Even though the board of e-tailer Snapdeal has accepted rival Flipkart's revised takeover offer of $900 million, minority investor PremjiInvest's ......

Snapdeal board approves Flipkart's $900 mn takeover offer

TMT

26 July, 2017

Snapdeal board approves Flipkart's $900 mn takeover offer

E-commerce firm Snapdeal's board has approved rival Flipkart's revised takeover offer of around $900 million, people aware of the development ......

SoftBank may invest in Kalaari Capital's VC fund

Finance

25 July, 2017

SoftBank may invest in Kalaari Capital's VC fund

Japanese telecom and Internet conglomerate SoftBank Group Corp is considering investing in a venture capital fund of early-stage investment firm ......

Can FreeCharge be the trump card for Amazon's India play?

TMT

24 July, 2017

Can FreeCharge be the trump card for Amazon's India play?

Global e-commerce major Amazon.com Inc. has reportedly thrown its hat into the ring to snap up FreeCharge not only to ......

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 ......

Is Snapdeal a shortcut to top for Infibeam, or a temptation it must resist?

TMT

17 July, 2017

Is Snapdeal a shortcut to top for Infibeam, or a temptation it must resist?

The sale of beleaguered e-commerce firm Snapdeal is turning out to be more long-drawn than initially anticipated. But one couldn't ......