Snapdeal chief strategy officer Jason Kothari invests in US startup ItsByU

Manu P Toms

Jason Kothari, chief strategy and investment officer at Snapdeal, has made a personal investment in ItsByU, a flower e-commerce ....

15 February, 2018

eBay takes $61 mn impairment hit on Snapdeal investment

Anand J

Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling ....

8 February, 2018
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Budget 2018: Founders of Ola, Snapdeal, MobiKwik and others share their views

Shweta Sharma

Although the Budget 2018 was a decidedly populist one focused the rural economy, finance minister Arun Jaitley emphasised the ....

5 February, 2018

Snapdeal strategy head Jason Kothari formally takes over at FreeCharge

Arti Singh

E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, has appointed Jason Kothari as chief executive officer of its ....

20 March, 2017

Two senior executives resign from Snapdeal's Bangalore centre

Arti Singh

E-commerce firm Snapdeal, owned by Jasper Infotech Pvt. Ltd, continues to see senior-level churn. This time, the company's two ....

18 March, 2017

Exclusive: Amazon elevates India head Amit Agarwal

Dearton Thomas Hector

US-based Amazon.com, Inc. has elevated India chief Amit Agarwal to senior vice president (SVP), making him one of the few SVPs ....

16 March, 2017
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Why Inventus' Kanwal Rekhi doesn't regret giving Flipkart, Snapdeal a miss

Manu P Toms & Bruhadeeswaran R

Many moons ago, Kanwal Rekhi and John Dougery, the founding partners of Inventus Capital, carefully examined two fledgling e-commerce ....

17 March, 2017

Axis Bank limits support for Snapdeal's seller financing programme

Disha Sharma

Axis Bank has withdrawn its credit limit to some sellers on e-commerce firm Snapdeal's platform over falling sale numbers, a report ....

9 March, 2017

Snapdeal's potential fundraise from Softbank may cut its valuation in half

Disha Sharma

E-commerce firm Snapdeal is in talks to raise funds from existing investor Softbank, which could see its valuation fall below ....

8 March, 2017

Why high-paying Indian startups are cutting no ice with job-seekers

Deepti Chaudhary

For 31-year-old Puneet Parthasarthy (name changed), it was a dream job. His employer, a B2B tech startup, had deep-pocketed investors, ....

6 March, 2017
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Forest fire blazing through Indian startup ecosystem: Inventus' Kanwal Rekhi

Manu P Toms

Kanwal Rekhi, co-founder and managing director at VC firm Inventus Capital Partners, has been a known sceptic of the capital-intensive ....

1 March, 2017

Snapdeal continues cost cutting, disbands SD Instant team

Disha Sharma

After reports of Snapdeal laying off nearly 30% of its staff, co-founders Kunal Bahl and Rohit Bansal have sent out an e-mail ....

13 February, 2017

Snapdeal to lay off 30% of its workforce

Varun Arora

E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, plans to lay off almost 1,000 employees, which comprises 30% of ....

11 February, 2017

Forrester trims India e-tail market estimate on note ban, regulatory woes

Disha Sharma

US-based market research company Forrester Research has cut the size of India's online retail market by 36%, saying it will touch ....

10 February, 2017

Snapdeal loses yet another long-timer as Grabbon co-founder Tony Navin quits

Binu Paul

Tony Navin, Snapdeal's head of partnerships and strategic initiatives and one of its oldest employees, has quit the company, ....

10 February, 2017

Flipkart's Sachin Bansal reiterates stand on 'level playing field' for local cos

Dearton Thomas Hector

E-commerce giant Flipkart's co-founder Sachin Bansal has re-ignited the debate around a "level playing field" for Indian startups, ....

9 February, 2017

Snapdeal to shut C2C marketplace Shopo

Disha Sharma

E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, is shutting down its zero commission mobile-based marketplace ....

9 February, 2017

Flipkart, Snapdeal unlikely to remain key players: Mahesh Murthy

Deepti Chaudhary

Investor Mahesh Murthy is known for not mincing words. The co-founder of Seedfund says several businesses in India have been ....

9 February, 2017

Weaker yen helps SoftBank pare valuation loss from Snapdeal, Ola investments

Deepti Chaudhary

Japanese telecom and Internet giant SoftBank Group Corp has reported a valuation loss of ¥39.3 billon (nearly $350 million) from ....

8 February, 2017

Flipkart-owned PhonePe in talks with PayPal to raise funds

Arti Singh

Flipkart-owned PhonePe is in talks to raise a significant amount of funding independently at a valuation of about $500 million ....

8 February, 2017

Two more senior execs leave Flipkart

Binu Paul

India's largest e-commerce marketplace Flipkart has suffered another bout of senior-level exits at its engineering team, a national ....

10 February, 2017