Rohit Bansal: News

22 Jan 2020

Kunal Bahl

Park+ raises $11 million from Sequoia Capital, Matrix Partners

Park+, a Delhi-based start-up that provides smart parking solutions through its mobile application, has raised $11 million in funding.

14 Oct 2019


Online retailer receives $11.28 million funding

Mumbai-based, the e-commerce platform which sells creative and distinctive fashion apparel at affordable prices, has raised $11.28 million funding in venture round.

26 May 2018


Sellers drag Snapdeal to courts over non-payment of dues

According to reports, Gurugram-based e-commerce company Snapdeal has been dragged to courts by two of its sellers, Veepee Electronics and Spacewood Furnishers, over alleged non-payment of dues.

07 Oct 2017


GoJavas sends Rs. 300cr legal notice to Snapdeal

Quickdel Logistics, the parent of GoJavas, has sent a Rs. 300cr legal notice to Snapdeal founders Kunal Bahl and Rohit Bansal and Jasper Infotech, the entity than runs Snapdeal.

01 Aug 2017


Snapdeal 2.0, the story of not giving in to pressure

Snapdeal is ready to bend but it's not ready to snap. There will be no sale.

23 Jun 2017


Snapdeal-Flipkart merger comes to a halt as Azim Premji objects

According to reports, Snapdeal's merger with rival Flipkart has hit one more roadblock, which can potentially drive down the embattled firm's agreed upon valuation of $1 billion for the sale, if not jeopardize the deal completely.

10 Jun 2017


Supr Daily, your friendly digital doodhwala gets $1.5 million funding

Supr Daily, an Indian start-up fresh out of the Y Combinator accelerator program, has managed to rake $1.5million funding for its operations.

30 May 2017


Snapdeal's future gets messier with unexpected funding, issuance of shares

Just when you thought the Snapdeal saga was at its very end, there is a new twist in the tale.

03 May 2017


Snapdeal initiates payments of laid-off employees

Two months after layoffs at Snapdeal, the company has begun initiating due payments of the 1,000-1,500 affected employees; severance packages reportedly range between 2-4 months of salaries.

25 Apr 2017


Cash-strapped Snapdeal vacates 60% of Gurgaon office space

In yet another sign of a severe cash-crunch, Snapdeal is vacating 60% of its Gurgaon office-space after mass layoffs in February.

26 Feb 2017


New CFO-backed Flipkart returns to the game

India's largest online retailer Flipkart is looking at a fundraising of as much as $1.5 billion from investors including Microsoft, eBay, PayPal among others at a valuation of $10-12 billion.

09 Feb 2017


Snapdeal's Shopo shut from tomorrow onwards

Shopo, a Snapdeal-owned marketplace will close down from 10th February, after operating for a year and a half.

04 Dec 2016

Alibaba Group

Snapdeal denies reports of Alibaba's acquisition interest

After reports sprung on China's Alibaba expressing its interest in acquiring Indian e-commerce portal Snapdeal, the Indian company denied the reports.

12 Sep 2016


Snapdeal looks to revamp brand

One of India's leading online marketplace, Snapdeal, has signalled initiatives that would revamp its brand and company logo.

30 Aug 2016


India beating China in the world of operating systems

While China has failed to come out with a successful regional operating system, India's indigenous Indus OS has shown phenomenal growth in the last 2 years.

13 Aug 2016


Flipkart launches office in Palo Alto

On 12th August, 2016, Indian e-commerce giant Flipkart established an office in the United States of America.