Snapdeal appoints Girish Koppad as VP, Head of Technology

At Snapdeal, he will lead Technology Engineering and will spearhead development and services for technology infrastructure and data centres.

published on : 15th June 2021

SoftBank Fund may invest up to USD 2 billion in Flipkart

SoftBank, through SoftBank Vision Fund, is in discussions with Flipkart to invest between USD 1.5-2 billion, according to industry sources.

published on : 1st August 2017

Snapdeal undergoing major layoff, to slash 80 percent workforce: Sources

A senior official of the company told media that the management has given verbal instructions to their department heads to prepare the list.

published on : 31st July 2017

Snapdeal rejects Flipkart’s buyout offer

Indian e-commerce firm Snapdeal brought down the curtain on months of negotiations around the deal with Flipkart valued at up to USD 950 million.

published on : 31st July 2017

Snapdeal founders keen to run smaller online marketplace, oppose Flipkart bid, say sources

The board of Jasper Infotech, which runs Snapdeal, had in-principle agreed to Flipkart's revised buyout bid of up to USD 950 million and a deal was pending approval of smaller shareholders.

published on : 31st July 2017

BJP's social media cell campaigned against Aamir Khan, claims new book

The BJP social media cell organised a campaign to build pressure on Snapdeal to drop Aamir Khan as its brand ambassador.

published on : 27th December 2016

SoftBank Corp writes down India investment by USD 560 million

In the earning statement for six months ending September 30, SoftBank wrote off 58.14 billion yen in the value of shares in its investments in India, which include firms that run Ola and Snapdeal.

published on : 8th November 2016