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Snapdeal IPO: GMP, price band among 10 things to know about AceVector public offerAceVector, the parent company of Snapdeal, will launch its IPO on September 25 with a price band of Rs 30–32 per share. The issue comprises...- Banks rethink UPI play; Big Tech's AI pivot dents Indian ITHappy Wednesday! The return of MDR on UPI is pushing banks to rethink products and budgets. This and more in today’s ETtech Morning Dispatc...
- Spinny books IPO ride; UPI subsidies may endSpinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5.
- 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...
- SoftBank-backed AceVector's Rs 420-cr IPO to open on Sep 25; sets price band at Rs 30-32/shareAceVector Ltd has set its initial public offering price band at Rs 30-32 per share. The company's Rs 420-crore IPO will open for public sub...
- 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...
- India's festive season promises strong show as quick commerce reshapes online shopping battleIndia’s festive e-commerce season is expected to deliver healthy spending growth, with premium purchases coexisting with aggressive bargain...
- Social media influencers don entrepreneurial hat; launch VC-backed consumer brandsThe rise of social media influencers has given birth to a new wave of consumer brands, garnering tremendous venture capital interest.
- 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...
- 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.
- 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 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 ...
- 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.
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