Articles about Snapdeal
Snapdeal is an Indian-origin e-commerce website. The platform was co-founded by The Wharton School alumnus Kunal Bahl and Indian Institute of Technology Delhi (IIT-D) alma mater Rohit Bansal in 2010. What started as a daily deals platform became an online marketplace in 2011. Snapdeal’s vision is to create India’s most reliable and frictionless commerce system that creates “life-changing experiences for buyers and sellers”. As of 2021, Snapdeal offers over 35 million products from 800+ categories including offerings from 125,000 brands and retailers. Snapdeal has a broad reach with approximately 300,000 sellers catering to customers in 6,000+ cities and towns in India. Since its inception, Snapdeal has made a mark for itself in a space dominated by platforms including Amazon, Walmart-backed Flipkart, Tata Cliq, and Reliance Industries’ Ajio. Snapdeal has partnered with marquee investors and individuals including SoftBank, BlackRock, Singapore’s Temasek Holdings, Foxconn, Alibaba, eBay inc., Premji Invest, Intel Capital, and Indian business tycoon Mr. Ratan Tata among others.

16 Sep 2020
BusinessThe spread of the COVID-19 pandemic, which has killed nearly a million around the world, has made contact-less technology the need of the hour - across several sectors and roles.

19 Apr 2020
BusinessThe Ministry of Home Affairs on Sunday introduced changes in guidelines for the operations of e-commerce websites during the lockdown.

24 Jan 2020
BusinessIn a bid to expand its footprint in India, Chinese giant Alibaba has launched a new social commerce app called Yoli.

23 Apr 2019
TechnologyChinese tech giant OPPO has launched its budget-friendly smartphone, the OPPO A5s, in India at Rs. 9,990.

10 Mar 2019
BusinessAre you a college student looking to make some quick money to cover your expenses?

03 Feb 2019
BusinessSmartphones and mobile apps have become an integral part of our lives; today, there is an app for almost everything we want to do.

03 Feb 2019
TechnologyAre you a college student looking to make some quick money to cover your expenses?

16 Dec 2018
TechnologyAre you a college student looking to make some quick money to cover your expenses?

15 Dec 2018
BusinessAimed at simplifying online shopping, Google recently introduced its latest 'Shopping' feature in India.

15 Oct 2018
BusinessGoogle could soon introduce a dedicated 'shopping tab' for India.

29 Aug 2018
BusinessRefurbished products consist of all those goods returned by a customer to a manufacturer or a vendor due to minute wear-and-tear, or due to the product being outdated, or unsold in the market.

26 May 2018
BusinessAccording 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
BusinessQuickdel 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.

04 Sep 2017
BusinessThis festival season, India will witness one of the biggest e-commerce wars. Reports show that Paytm Mall's budget, for cash back, marketing, and promotions for September-October, is a whopping amount of Rs. 1,000 crore.

01 Sep 2017
BusinessIndian e-commerce firm Snapdeal today announced a three-day long sale offering "double digit" discounts on consumer favourite categories like electronics, fashion, and home.

01 Aug 2017
BusinessSnapdeal is ready to bend but it's not ready to snap. There will be no sale.

31 Jul 2017
BusinessPost announcement last week that FreeCharge will now be sold to private sector lender Axis Bank for Rs. 385 crore, employees are now being given six-month retention bonus to ensure that the integration takes place without any hiccups.

31 Jul 2017
BusinessSix months after intense negotiations, Snapdeal has called-off talks with Flipkart regarding a potential merger.

27 Jul 2017
BusinessAxis Bank reported that they have acquired FreeCharge, owned by ecommerce platform Snapdeal, for Rs. 385 crore in an all-cash deal.

26 Jul 2017
BusinessAfter months of suspense and speculations, the future of Snapdeal has finally been decided. According to Reuters, the Snapdeal board has accepted the revised offer of $900-950 million by Flipkart.

18 Jul 2017
BusinessPost rejection of its earlier bid of $500-600 million, Flipkart has now made its second bid for e-commerce firm Snapdeal at $850-900 million, according to reports.

05 Jul 2017
BusinessIndian television serials are infamous for stretching out episodes. However, they'll still come second to the drama that is being played out at Snapdeal.

24 Jun 2017
BusinessSnapdeal's parent company, Jasper Infotech, has registered a First Information Report (FIR) with the Economic Offences Wing of the Delhi Police against former senior executives of Quickdel Logistics which owns e-commerce logistics company GoJavas.

23 Jun 2017
BusinessAccording 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.

01 Jun 2017
IndiaMakeMyTrip has come under attack after a co-founder protested the Centre's laws on cattle slaughter.

30 May 2017
BusinessJust when you thought the Snapdeal saga was at its very end, there is a new twist in the tale.

11 May 2017
BusinessAccording to ET Now, Nexus and the founders of Indian online marketplace Snapdeal have reached an agreement with SoftBank Group over the much anticipated sale of Snapdeal to its larger Indian rival Flipkart.

10 May 2017
BusinessJapanese investor SoftBank said it wrote down its investment valuation in Snapdeal and Ola by $1.41 billion. It has written down investments in Snapdeal by $1.01 billion and $400 million in Ola.

03 May 2017
BusinessTwo 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.

03 May 2017
BusinessConsolidation in e-commerce might bode well for giants but now things get divided into a series of pros and cons for the consumers when the options start to thin out.

29 Apr 2017
BusinessA $481m loss might deter others, but to Amazon CEO Jeff Bezos it is just another hurdle Amazon has to overcome in order to finally triumph.

27 Apr 2017
BusinessFlipkart is defeating Amazon in terms of value of goods sold, even as the American company continues to sell as many items as the Indian retailer.

25 Apr 2017
BusinessIn yet another sign of a severe cash-crunch, Snapdeal is vacating 60% of its Gurgaon office-space after mass layoffs in February.

20 Apr 2017
BusinessSoftBank may have tasted failure with Snapdeal but it still believes in making a profit with its Indian investments.

16 Apr 2017
BusinessAmidst acquisition talks, Snapdeal gets hit with two more devastating incidents that could potentially cripple the already faltering home-grown e-commerce giant.

10 Apr 2017
BusinessIn the third placatory communication to employees in two months, Snapdeal founders Kunal Bahl and Rohit Bansal said their well-being is "top priority".

06 Apr 2017
BusinessThe market is currently ripe with rumours regarding two major Flipkart mergers - one with eBay and another with Snapdeal.

05 Apr 2017
BusinessSoftBank Group Corp, Kalaari Capital and Nexus Venture Partners, who invested in Snapdeal are preparing to sell the company to one of its competitors- either Flipkart or Paytm.

23 Mar 2017
BusinessCurrently, there are three major players in the Indian ecommerce space - Flipkart, Paytm and Snapdeal.

22 Feb 2017
BusinessAccording to reports, Indian e-commerce firm Snapdeal is letting go 600 of its employees in order to cut back on spending.