Kunal Bahl
Retail
Note Ban: E-commerce firms accept digital money after order delivery
E-commerce firms like Snapdeal are now allowing customers to pay for orders using digital payment options instead of cash when the packages are delivered to them.
According to a PTI report: Unlike previously where digital payment options were available only...
Retail
Mobile wallet companies laud PM's decision, expect spike in digital payments
While the common man is in a state of shock following Prime Minister Narendra Modi’s revolutionary move to demonetize Rs 500 and Rs 1,000 notes in his fight against black money, mobile wallet companies including Paytm, Mobikwik, Freecharge have lauded...
Retail
Biyani cries consolidation as Flipkart, Snapdeal fight on Twitter
The founders of Flipkart and Snapdeal - the two largest Indian e-commerce retailers - took their online rivalry onto the social media space. The trigger - Chinese e-commerce major Alibaba's entry into India.
On Friday evening, Flipkart's Sachin Bansal tweeted:...
Progressive Grocer
Indian craft beer brand Bira91 raises USD6 mn in Series A funding
Craft beer company B9 Beverages recently announced that it has raised USD 6 million in Series A funding from Sequoia Capital and other marquee investors for its handcrafted beer brand Bira91 (the number stands for India’s country code).
Other investors...
Retail
Snapdeal-owned Shopo gathers 1 mn listings in three months
Shopo, a zero-commission, mobile app based marketplace launched by Snapdeal in July this year, has achieved one million active product listings in just three months.
"Our vision is to create life changing experiences for 1 million small businesses by 2017,"...
Retail
Snapdeal appoints Anup Vikal as Chief Financial Officer
Snapdeal.com, has named Anup Vikal as its new chief financial officer, the New Delhi-headquartered company announced on Tuesday.
Prior to his latest appointment, Vikal served as the chief financial officer of mobile network operator Aircel.
"We are very excited to have...
Retail
Snapdeal goes Omni-Channel in partnership with leading retailers, brands
At a time when going omni-channel is talk of the town and most physical retailers are piloting robust omni-channel strategies, online marketplace Snapdeal has announced the launch of its omni-channel platform.
Snapdeal’s omni channel platform, called Janus, has tied up...
Progressive Grocer
PepperTap raises USD 36 mn in Series B funding, additional USD 20 mn expected
On-demand hyperlocal grocery delivery service PepperTap has closed a Series B funding round of USD36 million. The latest funding round was led by Snapdeal along with existing investors Sequoia India and SAIF Partners, the company said.
The funding also saw...
Retail
Snapdeal acquires USD 500 mn in fresh funding
Online marketplace Snapdeal recently announced that it has secured an investment of USD 500 million led by Alibaba Group, Foxconn and SoftBank. Existing investors Temasek, BlackRock, Myriad and Premji Invest also participated in this round, the company said in...
Retail
Snapdeal, HDFC launch co-branded credit card to draw tier II & III consumers
Online marketplace Snapdeal and HDFC Bank Ltd. have announced the launch of India's first co-branded ecommerce credit card. The 'Snapdeal HDFC Bank credit card' aims to encourage more customers from tier II and III markets to adapt to digital...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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