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Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore

Finance

17 May, 2022

Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore

Five years after making its biggest bet in India’s e-commerce market, Jack Ma-led Alibaba and Ant Financials have exited Paytm ......

SoftBank-backed Snapdeal files for an IPO

Finance

21 December, 2021

SoftBank-backed Snapdeal files for an IPO

E-commerce platform Snapdeal has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI) for ......

Brookfield eyes Mytrah Energy; Carlyle, Cadila team up for Bharat Serums bid

General

22 April, 2019

Brookfield eyes Mytrah Energy; Carlyle, Cadila team up for Bharat Serums bid

Canada’s Brookfield Asset Management Inc. is looking to acquire a majority stake in Mytrah Energy Ltd in a deal that ......

GIC, others infuse $16 mn more into ShopClues

TMT

10 August, 2018

GIC, others infuse $16 mn more into ShopClues

Clues Network Pvt. Ltd, which operates online marketplace ShopClues has raised Rs 110 crore (about $16 million) in fresh capital ......

E-commerce enabler Anchanto raises $4 mn as part of Series C round

TMT

04 July, 2018

E-commerce enabler Anchanto raises $4 mn as part of Series C round

Anchanto, a Singapore- and Pune-based e-commerce fulfilment platform has raised $4 million (Rs 27 crore) as part of the first ......

eBay takes $61 mn impairment hit on Snapdeal investment

TMT

08 February, 2018

eBay takes $61 mn impairment hit on Snapdeal investment

Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling its ......

Flipkart completes $100 million ESOP buyback

TMT

13 December, 2017

Flipkart completes $100 million ESOP buyback

E-commerce firm Flipkart said it has completed the $100 million (Rs 645 crore) employee stock options repurchase programme that it ......

Flipkart long-timer Amitesh Jha to lead logistics arm eKart

People

31 August, 2017

Flipkart long-timer Amitesh Jha to lead logistics arm eKart

Homegrown e-commerce firm Flipkart has entrusted long-timer Amitesh Jha with leading its logistics arm eKart just ahead of the festive ......

Flipkart will soon offer customers financial products and services

TMT

02 June, 2017

Flipkart will soon offer customers financial products and services

Homegrown e-commerce major Flipkart is mulling over providing financial products and services online, a segment that has seen tremendous growth ......

Flipkart CEO Krishnamurthy to oversee personnel, search on for HR chief

People

26 May, 2017

Flipkart CEO Krishnamurthy to oversee personnel, search on for HR chief

Flipkart chief executive Kalyan Krishnamurthy will directly oversee the human resources function at the company, as the e-commerce firm inches ......