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Posts Tagged ‘ Snapdeal ’

How well are the founders of Indian tech unicorns paid?

Wednesday, August 24, 2016 | More »

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Their corporate babies may have scaled the milestone of $1 billion valuation but founders of most tech ‘unicorns’ in India are modestly paid folks. However, thanks to some generous stock options, a few founders have made it to the list of the highest-paid executives in the country. TechCircle pi...

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Marketing guru Goutam Challagalla invests in deal discovery app NearU

Mumbai-based deal discovery startup NearU has raised an undisclosed amount in funding from Goutam Challagalla, a professor of marketing at business school IMD, Switzerland, it said in a statement. “The NearU team is excited to have Goutam Challagalla as one of its investors as his expertise in mar...

23 August, 2016 | More »

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A sneak peek into biggest M&A deals in India’s ecomm, Internet segments

As investors turn their focus on unit economics and profitability, funding for tech startups and consumer Internet companies has tightened. This has not only resulted in a number of shutdowns in the segment but has also pushed companies to strike merger and acquisition deals. Fashion e-commerce aggr...

19 August, 2016 | More »

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Why a deal with Snapdeal is a more logical choice for Flipkart than Amazon

India’s e-commerce industry could see a major shake-up if online retailer Snapdeal’s preliminary conversations with local rival Flipkart and US-based Amazon to explore a possible merger make any headway. But a Flipkart-Snapdeal merger is a more likely scenario than a deal between Snapdeal and Am...

18 August, 2016 | More »

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Exclusive: Snapdeal explores merger talks with Flipkart, Amazon

Snapdeal, India’s second-largest homegrown online retailer, has initiated preliminary talks with staunch rivals Flipkart and Amazon to explore a possible merger that could realign the country’s e-commerce industry. Two people directly aware of the development said that Snapdeal is open to a merg...

18 August, 2016 | More »

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Can Walmart and Flipkart help each other in India?

The world’s largest retailer Walmart’s acquisition of ecommerce company Jet.com has triggered speculation on whether this is the beginning of the company’s ambitious play in online retailing, a link sorely missing in its larger business plans. Also, there has been some discussion on whether wi...

16 August, 2016 | More »

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Exclusive: Snapdeal eyes nearly $1.2 bn valuation for FreeCharge

Online marketplace Snapdeal is looking to sell a stake in unit FreeCharge at a valuation of as much as $1.2 billion (Rs 8,000 crore), a person aware of the development said, as the retailer seeks to monetise its investment in the digital payments company it acquired last year. Snapdeal has been in d...

12 August, 2016 | More »

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Exclusive: Pigeon Express set to buy e-comm logistics firm GoJavas’ main business

GoJavas, the logistics services provider to India’s leading e-commerce companies, is at an advanced stage of talks for a partial buy-out by Delhi-based inter-city courier service operator Pigeon Express Pvt Ltd, two people in the direct knowledge of the development told Techcircle. They said the n...

11 August, 2016 | More »

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Is this the end of the road for GoJavas?

Logistics company GoJavas is possibly staring at a shutdown after losing its two biggest clients following fashion e-tailer Myntra’s acquisition of rival Jabong and online marketplace Snapdeal’s focus on its in-house delivery arm even as a shareholding probe made matters worse. GoJavas, operated...

9 August, 2016 | More »

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Snapdeal opens six logistics hubs to ramp up delivery infrastructure

E-commerce marketplace Snapdeal has opened six logistics centres to ramp up its delivery infrastructure and help sellers manage orders and inventory. The new centres will add an additional one million square feet to its warehousing infrastructure, Snapdeal said in a statement. The move comes barely ...

2 August, 2016 | More »

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