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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...- 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 ...
- Respect Snapdeal founders' move, talking to Flipkart: SoftBank's Masayoshi SonAfter the Snapdeal transaction did not work out, SoftBank is now looking at investing upto $2 bn in Flipkart through its SoftBank Vision Fu...
- Early investors including Nexus onboard with Snapdeal rebootHowever, some other investors, including long-term backer Kalaari Capital, have expressed displeasure over the latest decision.
- SoftBank toughens stand on Snapdeal-Flipkart mergerSeeks 100% shareholder nod and may back Flipkart independently
- 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...
- 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.
- Snapdeal sale: Softbank a step closer to bring Nexus on boardJapan's SoftBank is believed to have moved a step closer to securing the consent of co- investor Nexus for selling Snapdeal to Flipkart.
- 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 ...
- What led to the SoftBank-Snapdeal falloutAs SoftBank nears a deal to sell what was its largest portfolio company in India, we take a deep dive into how Snapdeal's valuation fell dr...
- 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...
- Snapdeal sale: SoftBank hopes Nexus Venture to come on boardThe deal, if completed, would mark the biggest acquisition in the Indian e-commerce space and change the landscape of the sector that is wi...
- 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 opts out of Snapdeal funding dealLines are being drawn across the board, with Soft-Bank squaring off against two of Snapdeal’s early backers — Kalaari Capital and Nexus Ven...
- Softbank cuts $555 million in India portfolio value due to Yen appreciationWhile Softbank mentioned Snapdeal and Ola specifically in the write off, it did not mention other India portfolio companies like hotel book...
- Snapdeal CEO Kunal Bahl's letter to employees on Nikesh Arora's resignationAs the company's founder and CEO Kunal Bahl sent out a letter to employees assuring them that Arora's exit will not have an adverse impact ...
- Nikesh Arora's exit won't have any impact on Snapdeal: CEO Kunal BahlSnapdeal needs the Japanese giant to be firmly in its corner if it has realistic ambitions of taking the fight to its better-funded rivals.
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