Able Jobs raises $1.8 million seed funding from SAIF Partners & othersAble Jobs plans to use the funds raised to build training products for companies and expand to adjacent sectors like fast-moving consumer g...
20 Aug, 2020, 07.57 AM IST
$24 million funding takes Amica pre launch valuation to $70 millionA host of investors are banking on new age startups for bumper returns. The latest funding secured by Amica is backed by a list of institut...
04 Nov, 2019, 07.12 PM IST
Employees get the unkindest cut in Snapdeal 2.0 rebootMany employees are being asked to leave without notice on 1 month's salary and a month's severance package, as opposed to 3 mths severance ...
01 Aug, 2017, 10.19 AM IST
Snapdeal to slash office space in Gurgaon by over 60%The online retailer had moved to its Gurgaon campus less than two years ago when it leased a 4.5-lakh-sq-ft campus in Udyog Vihar to keep p...
25 Apr, 2017, 08.53 AM IST
Snapdeal to dole out up to 15% pay hike amid sell-off buzzFor senior management, the hike will be 9-12 per cent, but the company may offer 20-25 per cent raise to exceptional performers, they added.
12 Apr, 2017, 06.14 PM IST
Job surge for people with niche IT skillsThe demand for data analysts, machine learning/artificial intelligence experts, cybersecurity and product development experts is outstrippi...
10 Apr, 2017, 01.15 PM IST
Staff well-being top priority for the founders: Snapdeal CEO Kunal BahlEven as SoftBank, pushes for a sale of the online marketplace, Bahl has written to staff, reiterating that their well-being continues to be...
10 Apr, 2017, 06.11 AM IST
Softbank appoints Kabir Mishra to Snapdeal boardThe decision comes in the wake of Snapdeal hoping to hit profitability in the next two years as it undertakes a number of steps, including ...
20 Mar, 2017, 06.23 PM IST
SoftBank-backed Snapdeal's tale snaps; hands out pink slipsCompany spokesperson, in a written response, denied that it was shutting some of its offices, which sources said it was considering.
25 Feb, 2017, 10.52 AM IST
Snapdeal layoff row: Will CEO Kunal Bahl’s profitability gamble succeed?Daily shipments have dropped by half over the past month as Snapdeal restructures its operations and awaits a lifeline from primary investo...
24 Feb, 2017, 06.58 AM IST
To save company, Snapdeal bosses try Spicejet chief’s routeKunal Bahl and Rohit Bansal decided to forego their salaries to share the pain of the staff and lift their morale amid cost cuts and effort...
24 Feb, 2017, 01.38 AM IST
Having earned 50 crore each earlier, Snapdeal founders take a 100% pay cut to trim costsIn 2014-15, the founders received compensation of Rs 52.94 cr each, including salaries of Rs 1.5 cr and payment against founder stock optio...
23 Feb, 2017, 02.12 PM IST
Snapdeal to cut wage costs by over 60%This comes on the back of rising salaries and bonuses amounting to Rs 673 crore for the financial year 2015-16, compared to Rs 217 crore a ...
17 Feb, 2017, 12.52 PM IST
40 Under Forty Awards: Is India Inc picking young CEOs fast enough?At the ‘40 Under Forty’ awards, senior executives take a hard look at where organisations are headed in terms of promoting young talent. Do...
09 Sep, 2015, 02.06 PM IST
Snapdeal replaces yearly employee appraisal with trimester reviewsSnapdeal is replacing annual employee appraisals with trimester reviews, as one year becomes too long a period to evaluate staff performance
30 Jul, 2015, 10.12 AM IST
Flipkart's Sachin Bansal snaps back at Snapdeal's Rohit Bansal for lamenting lack of engineers in IndiaRohit Bansal responded to Flipkart co-founder’s attack in a blog post on Friday where he suggested he had been quoted out of context.
30 May, 2015, 01.24 AM IST
IIT graduates turning to start-ups with tech becoming basis of many emerging businessesThe venture, HyperVerge, has built solutions based on computer vision technology. It has big clients, and it has raised substantial funds f...
06 Feb, 2015, 11.35 AM IST