Talent twist: Silicon Valley's India story takes an unexpected turnThe prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pattern: Indian founders are increas...
Meta’s Chris Cox sought Kunal Shah’s WhatsApp advice - then made him leaderMeta Chief Product Officer Chris Cox reached out to Shah directly in the spring, seeking advice on picking the future leader of WhatsApp. C...
Meta's WhatsUpside Down hire: How Kunal Shah broke the Valley playbookSilicon Valley's AI talent war saw tech giants acquire engineers. However, Meta's Mark Zuckerberg broke the mold by investing $900 million ...
Meet Kunal Shah: He once worked as a delivery boy to support family. Now he's set to lead world's biggest messaging platformKunal Shah, the visionary behind fintech success CRED and FreeCharge, is set to lead Meta's global messaging giant, WhatsApp. Shah, who pre...
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.
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 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.