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India Plans IPO Rule Changes to Lure Homegrown Start-Ups: Sources
Indias market regulator is planning rule changes that will make it easier for homegrown start-ups to list their shares on local bourses, sources involved in the process said, helping domestic investors to bet on the countrys booming online economy.
Late to the Party, Global Banks Try to Muscle Into Indias Start-Up Boom
Global investment banks are scrambling to get a piece of the action from Indias booming technology start-ups, having missed out on the initial flurry of deal-making to their better-connected but much smaller domestic rivals.
How @SNAPDEAL proposed and @FreeCharge said Yes!: A.
To announce Snapdeals acquisition of FreeCharge, the two innovatively took to Twitter.
The stalled Alibaba-SNAPDEAL deal is proof Indias e. - Quartz
Alibaba Group Holding, promoted by Jack Ma, Chinas third-richest man, backed off from buying a stake in Snapdeal, one of Indias largest online marketplaces. This would have been the Chinese e-commerce giants first��.
India is the last big frontier for consumer Internet: SNAPDEALs Moondhra
Aakash Moondhra, the outgoing chief financial officer (CFO) of Snapdeal, run by Jasper Infotech Pvt. Ltd and backed by Japans Softbank Corp. and strategic investor eBay Inc., talks about his role in the companys makeover from a coupon firm to an .
SNAPDEAL plus FreeCharge = Mobile commerce game.
Ecommerce marketplace Snapdeal acquires mobile top-up site FreeCharge to create a mobile user base of 40 million, which they want to increase ten-fold in a few.
Accel Launches $305 Million Indian Start-Up Fund
Accel Partners, the venture capital firm that has backed the likes of Facebook and Flipkart, is launching a $305 million India-focused fund to capitalize on the countrys favorable conditions for start-ups.
India Learns to Fail Fast as Tech Start-Up Culture Takes Root
After ping pong tables, motivational posters and casual dress codes, Indias tech start-ups are following Silicon Valleys lead and embracing the fail fast culture credited with fuelling creativity and success in the United States.
Indonesias Lippo Continues e-Commerce Push With Payment Service
Indonesian conglomerate Lippo Group plans to launch payment, chat and other online services early next year as it continues expanding in the nascent e-commerce industry of the worlds fourth-most populous country, a senior executive told Reuters.
Indias Snapdeal Buys Exclusively.In To Add Luxury Goods.
On the heels of raising $1 billion in funding last year, Indias e-commerce marketplace Snapdeal is now in acquisition mode: the company has acquired Exclusively.in, a shopping portal that focuses specifically on the luxury��.
Indias SNAPDEAL Snaps Up $627M Led By SoftBank To.
A big day for e-commerce startups in India, and a double boom for Japans SoftBank. Snapdeal, founded four years ago as a marketplace for third party retailers in India to sell goods online, has raised an additional $627��.
SoftBank Names Nikesh Arora President and Sons Likely Successor
SoftBank Corp reported on Monday a 9 percent fall in profit for the fiscal year just ended, hurt by the absence of one-time gains enjoyed the year before, while it has been weighed down by the costs of trying to turn around U.S. unit Sprint.
Celkon launches Campus Q405 with 3G, dual SIM on SNAPDEAL for Rs 3199
Celkon has launched a 3G smartphone in association with Snapdeal for Rs 3,199. Campus Q405 is exclusively available on the e-commerce website. The smartphone runs on Android 4.4.2 and is powered by 1.2 GHz quad-core processor. The dual SIM .
Free Medical for In-Laws Helps Indian Tech Start-Ups Woo Talent Back From America
After losing top engineering talent for years to Americas tech heartland of Silicon Valley, India is luring them back as an e-commerce boom sparks a thriving start-up culture, unprecedented pay, and perks including free healthcare for in-laws.
SBI ties up with Snapdeal, PayPal
The agreement with Snapdeal will allow State Bank of India (SBI) to roll out a capital assistance programme for sellers using the online retailers platform. If their products are on Snapdeal, manufacturers will get a collateral-free loan of Rs 1 crore.
Wiio launches Wi3 smartphone at Rs 7499 on SNAPDEAL
Wiio has introduced its Wi3 smartphone at a price of Rs 7,499. The device will be available only on Snapdeal.com. The dual SIM smartphone runs on Android 4.4.2 KitKat operating system. The Wi3 features a 5 inch IPS QHD display and comes with an 8MP .
Snapdeal names Silicon Valley veteran Gaurav Gupta as Vice-President.
NEW DELHI: Jasper Infotech, which owns and operates online marketplace Snapdeal.com, has named former Cisco and Symantec executive Gaurav Gupta as its vice-president - Engineering, the latest in a slew of senior-level appointments announced by the .
DEN-SNAPDEAL TVShop reaches 30 million homes in 5 months, takes over $2M.
With the battle for e-leadership intensifying, e-commerce companies arent leaving any market avenues to chance. While most companies have stayed away from television, Snapdeal partnered with DEN Networks in the beginning of 2015, diving headfirst into .
FIR ordered against Snapdeal, CEO Kunal Bahal for.
Mumbai: Maharashtras Food and Drugs Administration (FDA) said it has ordered filing of FIR against e-commerce major Snapdeal.coms CEO Kunal Bahl and directors of the company in a case related to alleged online sale��.
Industry moves: Haptik and SNAPDEAL - MediaNama
Gupta will head Snapdeals cloud platform and tech infrastructure. Interestingly, Guptas LinkedIn profile states that he joined Snapdeal last month. Before joining Snapdeal, Gupta was the VP of engineering at ScaleArc for 3��.
SoftBank Quarterly Profit Nearly Triples Despite Trouble at Sprint
Quarterly profit at the Japanese telecommunications company rose as gains from the I.P.O. of Alibaba offset losses at the U.S. mobile carrier.
E-commerce: Flipkart, Snapdeal, others sees top flight ghar wapsi
Companies like Snapdeal, Flipkart and Zomato have recently hired senior-level talent from varied sectors ranging from FMCG to media for different managerial positions and the trend is growing. In April, Flipkart hired ex-Google top shot Peeyush Ranjan.
The New Bazaar: In India, Online Stores Catch On With Buyers
. E-commerce in India is attracting buyers in a society where Internet access is increasing, and international investors are starting to take note.
Madison Media Plus bags Snapdeal account
Madison Media Plus has been appointed as the media agency for Indias largest digital ecommerce ecosystem Snapdeal.The account will be handled out of the agencys Delhi office. Madison Media will now be the Media Agency of Snapdeal, effective July 1, .
Snapdeal acquires Hyderabad-based MartMobi | Latest.
New Delhi, May 25: E-commerce major Snapdeal has acquired Hyderabad-based mobile technology startup, MartMobi for an undisclosed amount, a move that will help the firm strengthen its mobility platform for merchant��.
Snapdeal India Mobile Day ��� The Biggest Mobile Sale 25th.
mobiles-snapdeal. The Biggest Mobile Sale is on 25th May, Decide your Next Phone Quickly. #DecideKiyaKya. Additional Offers:-. Upto Rs.600 cashback via Freecharge:- < 10k handset ��� Rs.150 cashback (redeemable in 3��.
iPhone 6 Discount Offers: SNAPDEAL, Amazon, Flipkart Give Best Online Price.
Although Apple refused to make such an offer, online retailers like Snapdeal, Amazon and Flipkart have taken a step forward in giving a treat to those prospective buyers. iPhone 6s 16GB variant has received a massive discount online, with its price.
Indias Flipkart Buys Fashion Portal as Amazon Spurs Consolidation
Flipkart, Indias largest e-tailer, on Thursday acquired the countrys biggest fashion portal Myntra, as Amazon.com Incs rapid expansion in the country stokes consolidation in the e-commerce industry
FDI tussle triggers debate on marketplace definition; Flipkart, Snapdeal.
Companies such as Amazon, Flipkart and Snapdeal operate as marketplaces in India thus allowing any retailer or trader to sell goods on their platform. Companies such as Shoppers Stop, Tesco, Big Bazaar, Reliance Retail and others work only with their .
As Amazon Looms, Indian e-Tailers Strike $400 Million in Deals
With Amazon.com Inc ramping up its presence in India, two local online retailers are preparing for tougher competition with separate deals worth a combined $400 million set to be finalized this week.
Snapdeal has just been taken to court for selling vibrators.
A Delhi lawyer has just taken e-commerce giant Snapdeal to court for selling sex accessories because he wants to test the limits of Indias anti-homosexuality law. Suhaas Joshi, an advocate at Indias Supreme Court, has filed��.
Indias Flipkart Targets $8 Billion in Sales in Three Years: Sources
Indias largest online retailer Flipkart aims to double the total value of goods it sells to $8 billion in the next three years, as it looks to widen the gap with rivals including Snapdeal and Amazon.coms India unit.
Indian Firms Could Get Boost From Google, Alibaba
Two Indian firms could get a boost from tech majors in what might turn out to be the first direct investment in the country by Google Inc and Alibaba.
SNAPDEAL India Mobile day to wipe out your Monday blues!
Who said Monday was boring! Wipe out your Monday blues with SnapdealIndiaMobileDay. Yes, Snapdeal has launched its biggest mobile sale ever with new deals every two hours. Biggest perk of the sale, participate in the contest and get a chance to win .
Copying Alibaba, e-tailers like Flipkart, Snapdeal woo small sellers for growth
MUMBAI: e-commerce firms are offering funding help and tech support to woo small retailers, emulating a strategy used by Chinese online retail giant Alibaba Group Holding Ltd to expand into the towns and villages home to the majority of consumers.
Snapdeal partners with Coolpad and Piaggio, plans to.
Snapdeal partners with the Chinese mobile brand Coolpad, two-wheeler maker Piaggio; and announces plans to expand tech team to 2k - all in 1 week!
SNAPDEAL acquires mobile tech startup MartMobi
Snapdeal has scooped up a mobile commerce platform MartMobi for an undisclosed sum. The acquisition is aimed at strengthening Snapdeals mobility platform for.
Xiaomi Ties Up With India Retail Chain to Boost Sales
Chinese smartphone maker Xiaomi Inc has decided to sell devices through a leading electronics retail chain in India, part of its effort to move away from online-only sales and boost growth in the worlds third-largest smartphone market.
Snapdeal Acquires MartMobi to Strengthen Mobility Platform for Sellers
E-commerce major Snapdeal has acquired Hyderabad-based mobile technology startup, MartMobi for an undisclosed amount, a move that will help the firm strengthen its mobility platform for merchant partners. Founded by Pramod Nair and Satya Krishna .
Snapdeal, One Of Indias Leading E-commerce Sites, Acquires
Snapdeal, one of Indias largest e-commerce businesses, has acquired Wishpicker, a tech platform that uses machine learning to deliver recommendations for gift purchases. The deals financial terms were undisclosed.
Late to the Party, Global Banks Try to Muscle Into Indias Start-Up Boom
Global investment banks are scrambling to get a piece of the action from Indias booming technology start-ups, having missed out on the initial flurry of deal-making to their better-connected but much smaller domestic rivals.
Indian E-Commerce Giant SNAPDEAL Buys Bill Payment.
Snapdeal, the SoftBank- and eBay-backed online commerce company in India, has completed what it called ���one of the biggest acquisitions in the history of the internet industry in India��� after it announced the acquisition of��.
Indias Ratan Tata Buys Stake in Chinese Phone Maker Xiaomi
Ratan Tata, chairman emeritus of the holding company of Indias Tata conglomerate, has acquired a stake in Xiaomi Technology [XTC.UL], a deal that is likely to bolster the Chinese phone makers presence in the worlds third-largest smartphone market.
Flipkart Ties Up With Mumbai Dabbawalas to Navigate City Streets
Indias biggest e-commerce company, Flipkart, has tied up with Mumbais lunchbox delivery men, famous for navigating cramped and confusing streets, as it tries to smooth the often difficult last stretch of its delivery to customers.
SoftBank-Led Group in Talks to Buy Stake in Indias Micromax-Sources
A group of investors led by Japanese mobile telecom firm SoftBank Corp is in talks to buy a 20 percent stake in Indian handset maker Micromax Informatics <IPO-MINF.NS> for up to $1 billion (668.72 million pounds), two people aware of the discussions said.
Indias Flipkart Targets $8 Billion in Online Product Sales in 2015: Sources
Indias largest online retailer Flipkart aims to double the total value of goods it sells to $8 billion in 2015, two people with direct knowledge of the companys plans told Reuters, as it looks to widen the gap with rivals including Snapdeal and Amazon.coms India unit.
SNAPDEAL partners with Coolpad and Piaggio, plans to expand tech team to 2k.
���At Snapdeal, we are committed to making Coolpads maiden launch in India a big success. We are positive that we will see a tremendous response from our wide user base towards this launch,��� Snapdeal Senior Vice President ��� Electronics and Home, Tony .
Hero MotoCorp sells 100000 bikes worth Rs 500 crore on SNAPDEAL
Tony Navin, senior vice-president (electronics and home) at Snapdeal said, We partnered with Hero Motocorp in December, 2014 to launch their motorcycles online. The response from our customers has been fantastic. I believe this hybrid model, where .
Flipkart, Amazon, Snapdeal slug it out with mega electronic sales
The e-commerce players in India are slugging it out again with massive sales across cateogies to entice customers. Snapdeal is celebrating the new Snapdeal India Mobile Day offering biggest mobile sale on 25th May with new deals every two hours.
Indian E-commerce Giant Snapdeal Acquires MartMobi To.
Snapdeal, one of the largest e-commerce players in India, has snapped up MartMobi for an undisclosed amount. Based in Hyderabad, Martmobi helped vendors build mobile apps and sites. Snapdeal said the acquisition will��.
MP govt inks deal with Snapdeal to provide global platform.
MP government has inked an agreement with Snapdeal today to sell Mrignayni brand products to give a global platform to the states weavers and handicrafts.
Morning Agenda: Bank of New York Mellon in Settlement
. Bank of New York Mellon will settle a currency trade case for $714 million. | Holcim and Lafarge say their merger is back on track. | The bar exam is under scrutiny. | S.E.C. chief sees virtue in activist investors.
