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Snapdeal buys TargetingMantra

Snapdeal announced its acquisition of TargetingMantra of Friday. The move that will benefit the e-commerce major in upgrading its shopping experience and offer better customer satisfaction. The acquisition amount, however was not disclosed by Snapdeal. TargetingMantra was founded in March...

Snapdeal to buy Housing.com for close to $100 mn

Snapdeal, the online marketplace, is in the final stages of acquiring online real-estate firm Housing.com. The talks for the deal were on since December and the deal could be finalised for $50-$100 million. According to the people familiar to the...

FDI to help Flipkart and Snapdeal gain over Amazon

E-commerce players like Flipkart and Snapdeal will see an inadvertent gain as the new FDI regulations have put a barrier on offering discounts. The companies are scrambling  to preserve their cash and also cut down costs by temporarily slowing...

Mayank Jain joins as Head of Growth at Snapdeal

Snapdeal, one of India's largest online marketplace, has appointed Mayank Jain as Head of Growth. According to a report in ANI: A seasoned professional with over 10 years of experience, Mayank joined Snapdeal after a successful stint with Zoomcar where...

Kanika Kalra joins Snapdeal as VP Marketing

Kanika Kalra has joined Snapdeal, the online marketplace, as Vice President (Marketing). According to a report in ANI: A seasoned global marketing professional with a career spanning over 12 years, Kanika joined Snapdeal after several triumphant stints at Hindustan Unilever...

Peppertap shuts grocery delivery, lays off 150 people

PepperTap, on-demand hyperlocal grocery delivery service, has shut down its cash-burning grocery delivery operations and has decided to focus on expanding its logistics business. According to a report in PTI: Citing issues like high customer acquisition costs and poor app...

HC restrains Unicommerce from using Paytm's data

Paytm had filed a lawsuit against Snapdeal owned Unicommerce for accessing confidential business data on Paytm’s commerce platform via the sellers. The Delhi High Court today has offered given some relief to Paytm, as it has restrained Unicommerce - unit...

Paytm takes Snapdeal to court over data theft

Paytm, the online payments and commerce platform, has filed a lawsuit against Unicommerce onwed by Snapdeal for accessing confidential business data on Paytm's commerce platform via the sellers on this platform. Paytm has also alleged that Unicommerce, which was acquired...

The future of retail post 100 pc FDI in e-commerce

The new additions made to the already elaborate FDI (Foreign Direct Investment) guidelines have created quite a buzz in the Indian e-commerce market and numerous opinions have arisen regarding the same. Some agree to the new terms and strongly...

Alibaba initiates process to set up team in India

In a sign of things to come, Chinese e-commerce giant Alibaba has begun the process of setting up a team in India to look at merger and acquisition (M&A) opportunities. According to a report in The Hindu Business Line, Alibaba has...
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