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Snapdeal parent AceVector’s IPO opens for subscription: Key things to knowThe AceVector IPO will remain open for subscription until September 29. The companyraised Rs 189 crorefrom anchor investors on September 24...- Snapdeal parent AceVector raises Rs 189 crore from anchor investors ahead of IPO launchDomestic investors, including Helios Mutual Fund, Singularity Growth and Alchemy Capital participated in the round, picking up shares at Rs...
- 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...
- 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...
- Groww founders plan Rs 400-500 crore fund for consumer, deeptech startupsChief executive Lalit Keshre, chief financial officer Ishan Bansal, chief operating officer Harsh Jain, and chief technology officer Neeraj...
- Snapdeal-HDFC Bank credit card crosses 1.5 lakh usersSnapdeal claims credit card users spent 2.8 times more than an average buyer on Snapdeal helping boost transaction volumes on the website.
- Logistics arm Vulcan Express could go in a Snap Deal soonGati, Peepul Capital and TVS Logistics are looking to acquire beleaguered ecomm co Snapdeal's logistics arm, which may provide a much-neede...
- Snapdeal drops contentious clause in sellers’ contractThe provision had authorised it to “discover and display” prices payable by the buyer based on “competitive pricing prevalent in the market...
- Snapdeal takes commission cut to push up falling sales in move to compete with Flipkart and AmazonThe New Delhi-based company, in a fierce battle with Amazon and Flipkart for supremacy in the Indian ecommerce space, wants the sellers to ...
- Snapdeal ties up with UrbanClap to offer personal services on its Android appAnand Chandrasekaran, chief product officer at Snapdeal, tweeted on Sunday: “Urbanclap 80+ services live on Snapdeal android app, joining Z...
- Snapdeal appoints BBH as creative agencyWhile there was no formal pitch, BBH has been engaging with Snapdeal for the last couple of months while the ecommerce company.
- Snapdeal integrates Redbus, Zomato, Cleartrip inventory in mobile app to woo customersThis association gives Cleartrip, Zomato and RedBus access to Snapdeal’s user base. In return, Snapdeal will earn a commission for each boo...
- Campus hiring by ecomm companies like Flipkart, Snapdeal, others at major institutes likely to see steep fall this seasonFlipkart and Snapdeal together hired close to 400 from top B-schools last year. The two are likely to hire only a small fraction of that nu...
- How Snapdeal is determined to go where most ecommerce giants like Flipkart have never beenThe online marketplace is in a hurry to grow — online and offline — as well as to get into the black. Here’s how its founders plan to do it.
- Policy to define Ecommerce business like Flipkart, Snapdeal likelyAre Flipkart and Snapdeal ecommerce portals, platforms or marketplaces? Are they small enterprises or large? The government will soon answe...
- Flipkart, Amazon and Snapdeal turn to print media for Diwali ad warMedia buyers said the print campaigns indicate a certain shift in ecommerce advertising strategy to print and digital from traditional tele...
- Snapdeal on course to topple Flipkart from top, says CEO Kunal BahlThe Snapdeal co-founder said the company achieved $4 billion in total value of goods sold, or gross merchandise value, this month.
- Snapdeal raises Rs 3,259 crore from Alibaba, Foxconn and SoftBankThe latest round valued Snapdeal at $4-4.5 billion, according to sources who declined to be identified. This could not be independently ver...
- Retailers seek probe into foreign investment violation by ecommerce firmsRetailers are seeking a government probe into possible foreign investment violation by ecommerce firms for allegedly funneling foreign capi...
- Snapdeal relaunches Shopo as mobile app-focused platform; targets micro and small businesses and artisansShopo, according to Komaravelly, will operate as a zero commission marketplace, & Snapdeal will also not be charging potential sellers regi...
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