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Jason Kothari's entertainment startup Mythik raises $5 million, at valuation of over $50 millionMythik, a media tech firm by ex-Freecharge CEO Jason Kothari, secured $5 million in fresh funding, extending its previous $15 million raise...- Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuationChipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure ...
- Snapdeal's FY23 consolidated loss narrows to Rs 282 croreThe company's loss-reduction measures also led to revenue decreasing to Rs 388 crore in FY23 from Rs 564 crore in FY22.
- Snapdeal files IPO papers to raise Rs 1,250 croreSnapdeal's IPO consists of a fresh issue of shares worth Rs 1,250 crore and an offer for sale of 30.77 million shares, according to its dra...
- 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,...
- Snapdeal appoints two independent directors ahead of its proposed Rs 3,000 crore IPOSnapdeal, which operates India's leading value e-commerce platform, counts BlackRock, Temasek, Foxconn, Premji Invest, Intel Capital, Besse...
- Kunal Bahl says change important for companies to stay relevant, cites Facebook’s example to emphasise on need for innovationSnapdeal CEO talks importance of change.
- 20 yrs and counting! Snapdeal co-founders shared a decade-old friendship, before becoming biz partnersSnapdeal’s co-founders on how their partnership has evolved over the years.
- 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.
- Snapdeal may reduce office space in Gurugram to cut costsSnapdeal had leased a total of 480,000 sq ft of office space in the two commercial buildings in Udyog Vihar, Gurugram, developed and owned ...
- Anti-fraud steps lead to Rs 3 crore/month savings to Snapdeal"The initiatives have resulted in the company saving close to Rs 3 crore per month," Snapdeal said in a statement today.
- Snapdeal tightens belt, plans to fire 30% staff in 2 monthsIn February 2016, Snapdeal had put over 200 employees on a Performance Improvement Program and eventually let go of the additional staff.
- Snapdeal moves to a smaller office in Andheri, denies cost-cutting rumoursThe e-commerce major recently moved from its 200-seat capacity office in Malad to a 90-seat office in a co-working hub.
- Snapdeal to cut costs, opts for co-working hubsStartups has picked up an entire floor in co-working space provider Awfis Space Solution’s hub in Andheri (west) that has a total capacity ...
- Motilal Oswal Private Equity names former Snapdeal SVP Amit Choudhary as directorHe will be responsible for driving and managing investments in the consumer business space. He will also play a role in the overall strateg...
- Snapdeal plans to lend Rs 1000 crore in 6 months to attract sellersSellers that partner with various e-commerce players such as Amazon, Flipkart and Snapdeal are vital cogs in the online supply-chain machin...
- Government plans to take etailers like Flipkart, Snapdeal to rural areasThe government plans to partner with the likes of Flipkart and Snapdeal and use common service centres (CSCs) in rural areas to deliver eco...
- Snapdeal shifts office amidst much fanfareSnapdeal recently moved to a 4.5 lakh square feet space in Gurgaon, which will house around 4,500 employees.
- Snapdeal launches 'Instant' to speed up deliveryeCommerce firm Snapdeal has rolled out a new service 'Snapdeal Instant' to allow delivery of packages to customers as early as within an ho...
- Snapdeal launches furniture category on its websiteOnline marketplace Snapdeal.com today announced the launch of furniture category on its website.
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