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Jasper Infotech

Snapdeal increases authorised capital to Rs 15 crore

Jasper Infotech-owned leading e-tailer Snapdeal increased authorised capital from initial capital of Rs 10 lakh to Rs 15 crore by issuing an additional 8.82-crore shares of Re 1 face value, said business intelligence platform Paper.vc on Monday. "The company's second...

Infibeam to buy Snapdeal’s Unicommerce in Rs 120 crore deal

Ahmedabad-based Infibeam said it will acquire Snapdeal’s subsidiary Unicommerce, which offers e-commerce enablement software, in a deal worth up to Rs 120 crore. “Under the agreement, Infibeam will issue optionally convertible debentures on preferential basis to Jasper Infotech valued up...

Future Group acquires Snapdeal’s Vulcan Express

Future Group on Friday said it has acquired Jasper Infotech-owned Snapdeal's logistics arm Vulcan Express at Rs 35 crore. "Jasper Infotech, which also owns Snapdeal... has entered into an agreement with Future Supply Chain Solutions... to sell 100 per cent...

Softbank closer to bringing Nexus on board for Snapdeal sale

Japan's SoftBank is believed to have moved a step closer to securing the consent of co- investor Nexus Venture Partners (NVP) for selling Snapdeal to India's largest e-commerce firm Flipkart. A meeting was held on Wednesday and the impasse over...

Softbank reworking Snapdeal sale plan; final decsion in few weeks

Japanese investor SoftBank is believed to be re-working its plan for sale of e-commerce platform Snapdeal and a final decision is likely to be made in the next few weeks. According to sources close to PTI, a consensus could not...

Snapdeal secures Rs 140 crore from Luxembourg’s Clouse SA

Jasper Infotech Pvt. Ltd, which runs e-commerce firm Snapdeal, has reportedly received a top up of Rs 140 crore($21 million) as part of its previously announced funding round from Luxembourg-based firm Clouse SA. In February this year, Snapdeal announced it...

Fair trade regulator CCI dismisses complaint against e-retailers

Fair trade regulator CCI has rejected a complaint that alleged unfair trade practices by 23 online retailers and sellers on e-commerce websites, including Ebay India and Amazon Seller Service. According to a PTI report: The complainant had alleged that the...

Future growth of e-grocery to be led by small, smart cities

Priyanka, a Bengaluru-based software professional, prefers buying all her household stuff online since it not only saves her time but she also spends less owing to discounts and offers. Delhi-based homemaker Shikha purchases all daily needs using a mobile app which makes buying grocery...

Snapdeal appoints HUL's Kanika Kalra

Jasper Infotech, parent company of Snapdeal, has roped in Kanika Kalra of Hindustan Unilever as executive vice-president for marketing. Kanika was working as a brand director for HUL's largest skin cream brand Fair & Lovely. She will be replacing...

Snapdeal.com Introduces Smartfeed, Personal Shopping Guide

Delhi-based Jasper Infotech, which runs the online marketplace Snapdeal.com has launched ‘Smartfeed’, a personal shopping guide for its customers. The new feature provides users with personalised shopping ideas and a trending list of products that are popular on the platform and...
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