snapdeal

Snapdeal sees over 90% orders coming from non-metro locations

The trend is in sync with other larger platforms like Amazon.in and Walmart-owned Flipkart that are seeing strong traction from smaller towns in the country.

WeWork Debacle | A wake up call for not just Softbank, but Indian startup founders and their investors too

A look at Masayoshi Son’s investments in Indian startups like Oyo and Ola would show Softbank’s inclination to invest at inflated valuations. It is time startup founders and their financial backers stop bluffing

Snapdeal partners with RuPay for festive discounts

This partnership offers RuPay's nearly 600 million users an instant 20 percent discount when they use their debit or credit cards to buy on Snapdeal in the coming festive season.

Snapdeal festive sale to begin Sept 29; nearly 85% of business likely from non-metro cities

The first leg of the sale will go on until October 6 and the next two will run in the second and third weeks of October.

Snapdeal registers 1,100 sellers from Assam

In the last two years the e-commerce platform has added more than 60,000 new vendor partners, who have added over 50 million new listings in the marketplace.

Reporter's Take | Amidst good revenue, Snapdeal founders create investment firm Titan Capital

In this episode of Reporter’s Take, Sakshi Batra gets in conversation with Priyanka Sahay to give us an exclusive on Titan Capital and future plans of both founders.

Exclusive | Kunal Bahl, Rohit Bansal set up Titan Capital to invest in startups

A source told Moneycontrol that Titan Capital was launched earlier this year although there hasn't been much activity on the investment front.

SoftBank shows interest in Snapdeal, might lead $100 million round

The other investors who are interested in the round are a clutch of smaller Chinese and American investors

Titan gets interim relief, Delhi HC tells Snapdeal to delist counterfeit watches

Tata group company filed a civil law suit against certain sellers and Snapdeal, after the e-commerce major ignored its complaints

Snapdeal adds over 60k new vendor partners in 2 years

More than 80 percent of the company's customers are from non-metro cities.

Snapdeal delivers 'fake' products; company founders booked

They were booked for cheating under section 420 of the Indian Penal Code after businessman Indermohan Singh Honey complained that instead of a Woodland belt and a wallet, he was delivered fakes.

Anand Piramal invests undisclosed amount in Snapdeal

This is the first investment in Snapdeal two years after it rejected its rival Flipkart's offer for an acquisition, and decided to go solo.

Senior executives take salary cuts in Shopclues; more lay-offs in the offing

The condition of the company has deteriorated in the last few weeks after talks for an acquisition by its larger rival Snapdeal fell flat.

Snapdeal narrows loss to Rs 186 crore in FY19

Snapdeal also claimed 2.2x and 2.3x growth in its transacting customer base and traffic respectively. The company now counts 70 million unique users per month.

Court bars Snapdeal from selling Casio products, e-tailer to seek review

According to the company, it had been receiving multiple consumer complaints regarding sale of counterfeit watches and calculators branded as Casio on Snapdeal.

Startup industry hails Budget 2019

Further, with an aim to boost the micro, medium, and small enterprises, she announced an interest subvention scheme with an outlay of Rs 350 crore for 2019-2020.

Here’s how SoftBank is creating a club of startup super-haves with its large cheques

Snapdeal may finalise ShopClues deal soon

The transaction is expected to be a 100 percent purchase of Shopclues

Snapdeal focuses on Tier-II, III user base

The company, however, said it has no plans to introduce private labels as it would go against the interest of the registered sellers on the platform.

Snapdeal to hire 120 engineers this year

The company, which competes with larger rivals like Amazon and Walmart-owned Flipkart, said its 'Snapdeal 2.0 strategy' (launched in August 2017) has helped driving 3X growth in business volumes, while reducing costs by 90 per cent.

A look at how Shopclues is trying to turn the corner

According to sources, Snapdeal has initiated preliminary discussions with Shopclues to evaluate a potential strategic alliance.

Snapdeal, ShopClues eyeing same shopping cart

Kunal Bahl, the plucky co-founder and CEO of Snapdeal, is back on deal street.

Snapdeal an opportunity for unorganised sellers to go online: Official

The official said most of the sellers on Snapdeal are from the brick and mortar market and they are the ones who are going online.

Budget 2019: Flipkart, Snapdeal welcome budget; say announcements will drive consumption

The budget announcements come a day after the government refused to extend the deadline for the implementation of the revised foreign direct investment in e-commerce guidelines.

Snapdeal, ShopClues write to govt, support February 1 deadline for e-commerce FDI norms

The position taken by these players is in contrast to that of giants like Amazon and Walmart-backed Flipkart who have sought an extension, stating that they need more time to understand the details of the framework.