Not the end: Can unhappy shareholders bring Snapdeal-Flipkart deal back to life?
The board is split in two, with one side agreeing to the deal and the other opposing. Opposing the deal include PremjiInvest, Ratan Tata and the founders.
Flipkart acquisition of Snapdeal collapses as latter decides to go ahead alone
ET had reported that Snapdeal was likely to go forward as an i...
FreeCharge sale adds to Snapdeal founders’ arsenal; says time to 'seize opportunity’
The sale of FreeCharge to the country’s third-largest pr...
Rent It Bae buys fashion rental startup Flyrobe
The company hopes to cash in on the AI-enabled fashion rental store technology and virtual trial room launched this year by Rent It Bae and plans to integrate the virtual trial experience in all brand stores and Flyrobe’s apps by the next quarter.
Snapdeal board rejects $800-$900 million buyout offer from Flipkart
The development comes days after Flipkart, the country’s largest online retailer, completed its commercial and legal due diligence of Snapdeal.
PremjiInvest writes to Snapdeal again for sale clarity
This is the second query, in as many months, from the investment firm asking how the rights of minority shareholders will be protected.
When Mobikwik's Bipin Preet Singh came forward to support Kunal Bahl's plans for Snapdeal 2.0
Support from the community has been pouring in for Kunal Bahl and Rohit Bansal.
Snapdeal issues stock to Nexus, founders for Unicommerce acquisition
As per documents filed by the Gurgaon-based company with the Registrar of Documents, and accessed by Tofler, Nexus Venture Partners was issued 14,810 preference shares, valued at Rs 96.26 crore.
Flipkart signs term-sheet for buying out smaller rival Snapdeal
Flipkart will quote a final price after it completes a rigorous examination of Snapdeal’s books, which is expected to take 6-8 weeks, these people said.
Impasse at Snapdeal board meeting, no decision on sale yet
The board meeting of Snapdeal, where SoftBank and Nexus have representatives, did not reach an agreement on the sale, sources privy to the development said.
A Snapdeal board meet could end with a Flipkart deal
Primary stakeholders Snapdeal to meet today to thrash out the final details of its sale to rival ecomm firm Flipkart
Snapdeal sale: SoftBank hopes Nexus Venture to come on board
The deal, if completed, would mark the biggest acquisition in the Indian e-commerce space and change the landscape of the sector that is witnessing intense competition among players.
Snapdeal sale to Flipkart: Kalaari Capital comes on board
SoftBank has been pressing for a sale of its portfolio co at an estimated price of $1 bn, but has faced resistance from early investors Kalaari and Nexus Venture Partners.
Indian-origin banker Rohit Bansal to plead guilty in regulatory leak case
Federal prosecutors are preparing to this week announce criminal charges against the banker, Rohit Bansal, and an employee of the regulator Gross.
Goldman, Credit Suisse to set terms for Flipkart's Snapdeal buy
According to sources, the final offer for sale is likely to be finalised over the coming weeks, signalling that the transaction, which will mark the biggest acquisition in Indian ecommerce and reshape the country's online retail landscape, is entering its home stretch.
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