The IPO will also see an offer for sale component of 30,769,600 shares where Snapdeal’s existing investors like SoftBank, Foxconn, Sequoia ...

The total revenue dipped marginally from Rs 925.3 crore in FY19 to Rs 916 crore in FY20 on account of reduction in finance and other income.

The decision comes as a relief to foreign funds and entities being subjected to tax demands for earlier years, according to experts.

On a consolidated basis, the Soft-Bank Group, Alibaba Group and Foxconn-backed online retailer posted a loss of Rs 613 crore in 2017-18.

“They spent over $2 billion trying to be Flipkart and now they are spending half a billion dollars trying to be like ShopClues. We will hav...

Daily shipments have dropped by half over the past month as Snapdeal restructures its operations and awaits a lifeline from primary investo...

"(India has a) very large (internet) user base but a very small addressable market for the businesses we have decided to build so far," sai...

While there was a strong growth pattern in calendar year 2015, the annualised GMV run rate for the Indian e-tailing industry dropped sharpl...

Leading TV commerce company Den Snapdeal TV-Shop is eyeing to touch a Gross Merchandise Value (GMV) of Rs 500 crore by the end of this year.

"E-tail is the most recent segment, but its highest growth rates and success will be the key driver of the overall e-Commerce market."

Snapdeal has bought 8 companies in 5 years since its launch and plans to bolster resources further to take on Flipkart & Amazon in ecommerc...

Snapdeal's founder & CEO Kunal Bahl said the e-commerce major is close to announcing an acquisition, which will play the role of an enabler...

Shrikhande said that apart from ramping up its online presence, the company is also working on differentiating its product assortments.

Anil Ambani-led Reliance Capital (RCap) is encashing its investment in Yatra.com - the leading online travel company - for Rs 500 crore.

Online retailers have been aggressive about winning customers through discounts but that has led to a backlash from traditional retail.

The software platform developed by Snapdeal will help sellers choose the best courier options to deliver products to customers.

Indian entrepreneurs said this latest focus on business fundamentals points to growing maturity of the local market.