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Snapdeal parent AceVector to launch IPO on September 25, seeks Rs 1,741-crore valuationAceVector is raising Rs 287 crore in fresh capital through the IPO, while investors, including SoftBank, Nexus Venture Partners and Foxconn...
Inside Furlenco’s IPO; Moneyview investors make bankHappy Tuesday! Furlenco is heading to Dalal Street for a potential Rs 1,200 crore IPO. This and more in today’s ETtech Morning Dispatch.
Snapdeal parent AceVector files red herring prospectus; cuts IPO sizeThe company is expected to announce its price band on September 22. AceVector now plans to raise Rs 287 crore in fresh capital against Rs 3...
SoftBank-backed Snapdeal targets $250 million India IPO in 2022Snapdeal, founded in 2010, had emerged as one of the country’s leading e-commerce providers, but lost ground to its larger rivals. In 2017,...
Edelweiss MF CEO reveals to-be moms fear sharing pregancy news at work; Dr Sangita Reddy wants Indian companies to take caregiving crisis seriouslyKunal Bahl says empathy is key driver in drafting Snapdeal's 'Parenting Partners Program'.
Snapdeal offers six months of work from home for new mothers beyond maternity leaveIn addition to maternity leaves, Snapdeal also has other benefits for new parents including two weeks of paternity leave and twelve weeks o...
Financial documents highlight several trends in e-commerce companiesThe financial documents of the major ecommerce companies for fiscal year ending March 2017 showed several telling trends about how the comp...
Snapdeal threatens legal action against GoJavas parent companyJasper Infotech has asked Quickdel to withdraw its legal notice dated October 4 "within three working days, failing which it will take all ...
Early investors including Nexus onboard with Snapdeal rebootHowever, some other investors, including long-term backer Kalaari Capital, have expressed displeasure over the latest decision.
Snapdeal-Flipkart deal falling apart after six months of hard negotiationsPublic announcement on the fate of the one of the largest e-commerce deal, orchestrated by Snapdeal’s largest investor SoftBank, could be m...
Flipkart merger: Snapdeal needs 75% shareholder nodThis means a `yes' from the investors and founders on the board of Snapdeal alone would not be sufficient for the deal to close.
Axis Bank emerges the frontrunner to acquire FreeChargeFreeCharge was acquired by Jasper in 2015 in a deal estimated at $400-450 mn in what was then the largest acquisition in the Indian startup...
Court summons Snapdeal's top brass over Bangalore Fashion Week billsThe bi-annual event, which signed up Snapdeal for a three-year contract as a `powered by' sponsor for six editions, did not receive the pro...
Snapdeal in talks with PayPal to sell FreechargeThe deal would value the online recharge company at around $500 million, they said, compared with the $400 million that Snapdeal paid for i...
Snapdeal stops affiliate sops for customers in cash struggleSnapdeal’s affiliate network comprises coupons, deal and cashback channels as well as blogs that bring in potential customers to website an...
$1 billion club in sight for Myntra"2016 will be a watershed year for fashion ecommerce as consumer behaviour has started to evolve," said Narayanan.
Snapdeal is not ready to sell its GoJavas stakeGoJavas, which began life as an arm of fashion retailer Jabong and was spun off as an independent company in 2013, is co-owned by Snapdeal.
GoJavas considering organisational overhaul involving layoffs, restructured business modelSnapdeal, which owns 42% of Go-Javas and accounts for a substantial bulk of its orders, has been holding talks to acquire the remaining sta...
Snapdeal kicks off diversity initiative 'Advitya' in a bid to attract and retain talentDiversity is the next big thing on Snapdeal’s to-do list as the Delhi-based online marketplace seeks to attract and retain talent.
Snapdeal holds preliminary talks with BPOs to outsource call centreSnapdeal plans inhouse-cum-outsourced strategy to scale up customer support & match sales growth Snapdeal previously ran its call centre in...