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Snapdeal aims to be profitable in three years: Kunal Bahl

Thursday, July 30, 2015 | More »

Kunal-Bahl
Snapdeal’s chief executive Kunal Bahl said the e-commerce marketplace aims to be profitable in two to three years. Speaking at the Converge Technology Conference in Hong Kong, he said the company is spending millions of dollars on building a strong tech infrastructure that will power its market st...

Exclusive: Snapdeal co-founders invest in online aggregator for last-mile logistics

Friday, July 3, 2015 | More »

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Kunal Bahl and Rohit Bansal, co-founders of online marketplace Snapdeal, have put seed capital in a four-month-old online logistics marketplace for tempos and trucks. (FOR FULL REPORT CLICK HERE)...

Snapdeal acquires mobility startup Letsgomo to enhance m-commerce drive

Monday, June 15, 2015 | More »

Kunal-Bahl
E-commerce marketplace Snapdeal, which is run by Delhi-based Jasper Infotech Pvt Ltd, has acquired Letsgomo, a mobility solutions company, for an undisclosed amount, it said in a statement. The Gurgaon-based startup provides end-to-end mobility solutions to businesses that are looking to harness the...

Behind the scenes story of Snapdeal’s FreeCharge acquisition

Thursday, April 16, 2015 | More »

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It all started when Kunal Bahl, co-founder and CEO of Snapdeal, called his namesake, Kunal Shah, co-founder of FreeCharge, for a meeting. Shah, who co-founded FreeCharge along with Sandeep Tandon in 2010, had dealt with Snapdeal executives as part of the business. FreeCharge offers mobile-recharging...

Snapdeal buys minority stake in Jabong’s logistics spin-off GoJavas

Wednesday, March 18, 2015 | More »

Kunal-Bahl
Jasper Infotech Pvt. Ltd, which runs online e-com marketplace Snapdeal, has bought a minority stake in logistics firm QuickDel Logistics Pvt Ltd, which runs operations under the GoJavas brand, a Snapdeal spokesperson said without sharing further details. GoJavas was previously a part of Jabong, a li...

Excl: Travel planning student startup out of IIT-D Routofy raises funding from Snapdeal co-founders

Monday, March 9, 2015 | More »

Routofy
Delhi-based Routofy Services Pvt Ltd, which owns and operates travel planning portal Routofy.com, has raised an undisclosed amount in funding from Indian e-commerce major Snapdeal’s co-founders Kunal Bahl and Rohit Bansal, a senior executive of the company told Techcircle.in. Nikunj Jain, fou...

Snapdeal will invest $250M in technology and building the brand: Kunal Bahl

Wednesday, October 29, 2014 | More »

Kunal-Bahl
Snapdeal has just become the second Indian internet firm to cross funding milestone of raising over $1 billion. With Japan’s SoftBank leading a large funding round and putting $627 million alone, Snapdeal is now well capitalised to take on the might of Amazon and much heavily funded peer Flipk...

Excl: Now Snapdeal looking to raise $300M in fresh PE funding

Friday, August 1, 2014 | More »

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It was just waiting to happen. After Flipkart announced its $1 billion fundraising and Amazon went one up by committing $2 billion investment in India, Delhi-based Jasper Infotech Pvt Ltd, which runs the online marketplace Snapdeal.com, has asked its financial advisor Credit Suisse to scout fo...

Excl: Snapdeal close to raising up to $175M led by eBay

Thursday, February 20, 2014 | More »

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Delhi-based Jasper Infotech Pvt Ltd, which runs the online marketplace Snapdeal.com, is close to raising between $125 million and $175 million led by existing investor eBay Inc, in one of the largest funding rounds that the Indian e-commerce space has seen after rival Flipkart bagged $360 million...

Snapdeal looking to list in the US in 2 years, to launch own payment gateway

Monday, December 16, 2013 | More »

Snapdeal
Delhi-based Jasper Infotech Pvt Ltd, which runs the online marketplace Snapdeal.com, is looking to list in the US bourses in 12-24 months and the company is already in talks with its lawyers in this regard, according to a PTI report, quoting its co-founder and CEO Kunal Bahl. The firm, however, i...

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