Snapdeal Buys Freecharge in Mobile Transactions Push

    Employees of Snapdeal sort out delivery packages inside their company fulfilment centre Bengaluru/Mumbai: E-retailer Snapdeal.com said on Wednesday it bought online mobile recharge firm Freecharge for an undisclosed amount in a bid to boost its reach in the fast-growing mobile transactions business. Snapdeal, backed by SoftBank Corp, competes with Flipkart and Amazon.com Inc’s India unit […]

    Snapdeal Buys Freecharge in mobile Transactions Push

    Bengaluru/Mumbai: E-retailer Snapdeal.com stated on Wednesday it sold on-line cellular rechargecompany Freecharge for an undisclosed quantity in a bid to reinforce its attain inside the rapid–developing cell transactions business. Snapdeal, sponsored by SoftBank Corp, competes with Flipkart and Amazon.com Inc’s India unit in thecountry‘s on-line buying marketplace, that’s anticipated to be well worth $102 billion […]

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    Will Flipkart, Snapdeal, Amazon, Paytm have to stop online discounts?

    Photo: Pradeep Gaur/Mint Bengaluru: One would expect Internet companies to cheer the fact that India allowed foreign direct investment (FDI) in e-commerce marketplaces on Tuesday. As usual, however, the devil is in the details, in particular two conditions attached to the approval of FDI in e-commerce. One, no group company or seller on a marketplace […]

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    Why Saama sold its Snapdeal stake

    Photo: Pradeep Gaur/Mint How do you like the view?” asks a beaming Ash Lilani as he strides into the conference room at Saama Capital India Advisors’ Bengaluru office on a February afternoon. The “view” Saama’s co-founder is asking about is a trophy wall of sorts adorned with plaques that sport the logos of the venture […]

    Snapdeal: The Best Electronics Deals

    The Diwali offers are back, and Snapdeal is the first one to kickstart the deal extravaganza. Snapdeal’s Diwali sale starts off with Electronics Monday will offer deals on many popular products. There will be fresh deals every hour and then there are deals which will be available throughout the sale period. Before we get on […]

    Zimmber set to raise up to $7 million from Snapdeal, others

    Zimmber claims to have over 1,000 transactions per day on its platform. Bengaluru: Home services start-up Zimmber, run by Rejuvenate Solutions Pvt. Ltd, is close to raising $6-7 million from online marketplace Snapdeal and other investors, two people aware of the development said. Founded in 2014 by Anubhab Goel, Gaurav Shrivastava and Amit Kumar, Zimmber […]

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    Snapdeal raises $200 million from Canadian pension fund, Iron Pillar

    In August, Snapdeal raised $500 million mainly from Chinese e-commerce firm Alibaba Group, Foxconn Technology Group and existing investor Softbank Group, which valued the Delhi-based firm at about $4.8 billion post money India’s second largest e-commerce firm Snapdeal on Sunday said it has raised $200 million in fresh funds from investors led by Canada’s Ontario […]