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SNAPDEAL BOARD
Kunal Shah named WhatsApp global CEO as Meta takes $900 million stake in CredMeta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 mi...- 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 ...
- 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...
- Snapdeal to send Flipkart's proposal to shareholders this weekThe company will share details of the buyout offer with all shareholders, which includes the likes of industrialist Ratan Tata and PremjiIn...
- Time to focus on continuing Snapdeal journey: Kunal BahlJust hours after the deal was announced, Bahl wrote to employees seeking to assuage concerns saying Axis Bank intends to not just retain al...
- Snapdeal board clears the decks for sale of FreeCharge to Axis BankThe proposed deal will value FreeCharge at Rs 385-Rs 390cr, a steep plunge from the Rs 2,400cr that Jasper Infotech paid to acquire the com...
- 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.
- Flipkart could offer $900-950 million for SnapdealThe new offer almost matches the initial asking price of $1 billion for acquisition of the beleaguered e-commerce marketplace, sources priv...
- Flipkart to make revised offer for Snapdeal this weekThe new offer is likely to be closer to USD 1 billion mark, which was the initial asking price for acquisition of beleaguered e-commerce ma...
- Flipkart-Snapdeal deal: Negotiations on for higher offerSoftBank, Snapdeal's largest investor, has been proactively mediating the sale for the past few months. The board also has representation f...
- Snapdeal board rejects $800-$900 million buyout offer from FlipkartThe development comes days after Flipkart, the country’s largest online retailer, completed its commercial and legal due diligence of Snapd...
- PremjiInvest writes to Snapdeal again for sale clarityThis is the second query, in as many months, from the investment firm asking how the rights of minority shareholders will be protected.
- Premji Invest writes to Snapdeal board on sale\Snapdeal managed to secure the go ahead from its early investors and board members Nexus Venture Partners and Kalaari Capital a couple of ...
- Vani Kola resigns from Snapdeal boardWithout citing any specific reasons, Kola said she was unable to continue to be a part of Snapdeal board and requested to be discharged of ...
- Impasse at Snapdeal board meeting, no decision on sale yetThe board meeting of Snapdeal, where SoftBank and Nexus have representatives, did not reach an agreement on the sale, sources privy to the ...
- A Snapdeal board meet could end with a Flipkart dealPrimary stakeholders Snapdeal to meet today to thrash out the final details of its sale to rival ecomm firm Flipkart
- Snapdeal board to discuss likely sellout tomorrowIndian e-commerce companies have seen funding dry up over the last few months as investors focus extensively on profitability and cutting d...
- SoftBank moots Snapdeal sale to Flipkart, proposed deal set to be biggest in Indian e-commerceAccording to the terms proposed by the Japanese media and telecom conglomerate, Snapdeal shareholders will get one share of Flipkart for ev...
- Snapdeal board weighs sale; Softbank appoints second directorWhile the company did not disclose the details of the meeting, sources said the board today met to discuss the proposal for sale of the com...
- 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 ...
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