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Vulcan Express

Logistics firm Xpressbees raises $35 mn from Alibaba

TMT

30 January, 2018

Logistics firm Xpressbees raises $35 mn from Alibaba

Logistics firm Xpressbees has raised Rs 225 crore (around $35 million) in its Series D round of funding from Alibaba.com ......

Future Group acquires Snapdeal's logistics arm Vulcan Express for $5.5 mn

Infrastructure

27 January, 2018

Future Group acquires Snapdeal's logistics arm Vulcan Express for $5.5 mn

Jasper Infotech Pvt. Ltd, which owns domestic e-commerce company Snapdeal, has formed an agreement with Future Group's supply chain solutions ......

Snapdeal posts steep fall in FY17 revenue

TMT

25 January, 2018

Snapdeal posts steep fall in FY17 revenue

Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, reported a 26% drop in consolidated revenue for the financial year ......

Future Group eyes Vulcan Express; ChrysCapital looks to invest in Varthana

General

03 January, 2018

Future Group eyes Vulcan Express; ChrysCapital looks to invest in Varthana

Kishore Biyani-led Future Group is in talks to acquire Vulcan Express Pvt. Ltd--the logistics arm of e-commerce firm Snapdeal--for around ......

Snapdeal threatens legal action to counter GoJavas' Rs 300-crore notice

TMT

30 October, 2017

Snapdeal threatens legal action to counter GoJavas' Rs 300-crore notice

Domestic e-commerce platform Snapdeal has refuted allegations made by GoJavas promoter Anand Rai, asking the logistics firm to either withdraw ......

Snapdeal injects $23.7 mn into Vulcan Express

TMT

07 September, 2017

Snapdeal injects $23.7 mn into Vulcan Express

Vulcan Express Pvt. Ltd, the logistics arm of e-commerce firm Snapdeal, has received Rs 152.44 crore ($23.7 million) from its ......

Founders quit Snapdeal-owned SaaS platform Unicommerce

People

22 August, 2017

Founders quit Snapdeal-owned SaaS platform Unicommerce

The four-member founding team of Unicommerce eSolutions Pvt. Ltd, Snapdeal’s technology solution arm, has quit the venture.Unicommerce’s co-founders—Ankit Pruthi, Karun ......

Snapdeal sees top-level exits after merger with Flipkart falls through

TMT

02 August, 2017

Snapdeal sees top-level exits after merger with Flipkart falls through

Online retailer Snapdeal witnessed a string of top-level exits on Tuesday after its much-anticipated merger deal with bigger rival Flipkart ......

Vulcan Express received $5.7 mn from Snapdeal amidst merger talks in June

TMT

01 August, 2017

Vulcan Express received $5.7 mn from Snapdeal amidst merger talks in June

Vulcan Express Pvt. Ltd, the logistics arm of e-commerce firm Snapdeal, received $5.68 million (Rs 36.5 crore) from the e-tailer's ......

Snapdeal board approves Flipkart's $900 mn takeover offer

TMT

26 July, 2017

Snapdeal board approves Flipkart's $900 mn takeover offer

E-commerce firm Snapdeal's board has approved rival Flipkart's revised takeover offer of around $900 million, people aware of the development ......