Vulcan Express
TMT
Logistics firm Xpressbees raises $35 mn from Alibaba
Logistics firm Xpressbees has raised Rs 225 crore (around $35 million) in its Series D round of funding from Alibaba.com ......
Infrastructure
Future Group acquires Snapdeal's logistics arm Vulcan Express for $5.5 mn
Jasper Infotech Pvt. Ltd, which owns domestic e-commerce company Snapdeal, has formed an agreement with Future Group's supply chain solutions ......
TMT
Snapdeal posts steep fall in FY17 revenue
Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, reported a 26% drop in consolidated revenue for the financial year ......
General
Future Group eyes Vulcan Express; ChrysCapital looks to invest in Varthana
Kishore Biyani-led Future Group is in talks to acquire Vulcan Express Pvt. Ltd--the logistics arm of e-commerce firm Snapdeal--for around ......
TMT
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 ......
TMT
Snapdeal injects $23.7 mn into Vulcan Express
Vulcan Express Pvt. Ltd, the logistics arm of e-commerce firm Snapdeal, has received Rs 152.44 crore ($23.7 million) from its ......
People
Founders quit Snapdeal-owned SaaS platform Unicommerce
The four-member founding team of Unicommerce eSolutions Pvt. Ltd, Snapdeal’s technology solution arm, has quit the venture.Unicommerce’s co-founders—Ankit Pruthi, Karun ......
TMT
Snapdeal sees top-level exits after merger with Flipkart falls through
Online retailer Snapdeal witnessed a string of top-level exits on Tuesday after its much-anticipated merger deal with bigger rival Flipkart ......
TMT
Vulcan Express received $5.7 mn from Snapdeal amidst merger talks in June
Vulcan Express Pvt. Ltd, the logistics arm of e-commerce firm Snapdeal, received $5.68 million (Rs 36.5 crore) from the e-tailer's ......
TMT
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 ......