Jasper Infotech Pvt Ltd

New set of sellers sue Snapdeal over non-payment of dues

Binu Paul

Two online sellers have filed court complaints in the National Capital Region (NCR) against e-commerce firm Snapdeal over alleged ....

26 May, 2018

Foxconn writes off entire $200-mn Snapdeal investment

Binu Paul

FIH Mobile Ltd, a subsidiary of Taipei-headquartered Foxconn Technology Group, has written down the remaining $40 million of its ....

15 May, 2018
ADVERTISEMENT

Snapdeal's revenue declines, losses mount in FY17

Anand J

Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, has reported a drop in consolidated net sales for the first ....

30 April, 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

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Axis Bank has withdrawn its credit limit to some sellers on e-commerce firm Snapdeal's platform over falling sale numbers, a report ....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

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

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
ADVERTISEMENT

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

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

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

Snapdeal sees two more senior-level exits

Disha Sharma

Snapdeal's head of corporate development Abhishek Kumar and senior vice president Sandeep Komaravelly have quit the home-grown ....

7 February, 2017

SoftBank COO Jonathan Bullock quits Snapdeal, Ola boards

Arti Singh

SoftBank Group COO and managing director Jonathan Bullock has resigned from the boards of its two biggest investee companies ....

6 February, 2017

Vanguard slashes Ola's valuation by 41%

Binu Paul

A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in ANI Technologies Pvt ....

3 February, 2017

911—The number that spooked Snapdeal

Dearton Thomas Hector

On Wednesday, Snapdeal founders Kunal Bahl and Rohit Bansal said they will not take salaries for an undisclosed period as the ....

24 February, 2017

Snapdeal sellers knock govt's doors as e-tailer struggles

Disha Sharma

A group of sellers on online marketplace Snapdeal has approached commerce minister Nirmala Sitharaman to protect their interests ....

24 February, 2017

Snapdeal layoffs: In the works for months, but kept out of employees' sight

Varun Arora

For employees of India's third-largest e-commerce firm Snapdeal, the last couple of weeks have been stressful, to put it mildly. ....

23 February, 2017

Snapdeal to lay off 600; founders forego salary

Dearton Thomas Hector

Jasper Infotech Pvt. Ltd, which runs Snapdeal, has decided to lay off 500-600 employees across the e-commerce marketplace and ....

22 February, 2017

Why a potential Snapdeal-Paytm merger makes perfect sense

Arti Singh

Will they? Won't they? Rumours come and go, but those around India's third-largest e-commerce company Snapdeal's merger refuse ....

18 February, 2017