Monday, Sep 25, 2023 | Last Update : 04:26 PM IST

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Paytm eyes digital wallet FreeCharge in $50 mn deal

In May 2015, e-commerce player Snapdeal bought FreeCharge for $400 million.

01 Jun 2017 10:05 AM

Snapdeal raises over Rs 113 crore from NVP

NVP pumped in Rs 96.26 crore in the round, while Bahl and Bansal contributed Rs 8.45 crore each.

30 May 2017 10:30 AM

Softbank-Saudi tech fund becomes world's biggest with $93 billion of capital

The new fund's investors include Abu Dhabi's Mubadala Investment, which has committed $15 billion, Apple Inc, Qualcomm, Foxconn and Sharp.

21 May 2017 10:15 AM

Softbank invests $1.4 billion in Paytm

This is the largest funding by an investor in a single round in an e-commerce company.

19 May 2017 1:27 AM

Snapdeal, Flipkart deal may leave staff richer by Rs 193 cr

Snapdeal founders will get USD 60 million (cumulative), of which half will be given to employees.

14 May 2017 2:42 PM


Flipkart expects 5-fold transactions under 'Big 10'

Big 10 sale will be held from May 14 to 18 to mark completion of 10 years of Flipkart.

11 May 2017 2:28 PM

SoftBank logs Rs 9,000 cr loss from India investments

Japanese firm has multi-billion investments in Indian firms, including Ola, Snapdeal and Elara Technologies.

10 May 2017 5:20 PM

Softbank looking for active role in Indian market

The company is looking to secure piece of India's industry in a series of deals.

08 May 2017 9:30 AM

Japan's SoftBank takes driving seat in Indian online shake-up

SoftBank has poured roughly $1 bn into Snapdeal since 2014, but competition has risen dramatically with Amazon cranking up its presence.

08 May 2017 8:49 AM

Ola raises Rs 670 cr from Ratan Tata-backed fund

Company posted a consolidated loss of over Rs 2,311 crore -- about Rs 6 crore a day -- during fiscal 2015-16.

04 May 2017 9:37 AM


Paytm to raise Rs 12K crore to become a $9 billion firm

Fresh round of fund raising by Paytm is seen as single largest funding in India's digital commerce segment.

28 Apr 2017 11:08 AM

Snapdeal sale: SoftBank hopes Nexus Venture to come on board

According to reports, the deal may see Snapdeal's mobile wallet service, Freecharge being sold separately.

25 Apr 2017 9:59 AM

Ola eyes USD 100 mn in fresh funding to fuel expansion

Approval was for issuance of convertible securities at a price of Rs 13,521 apiece through a rights issue.

21 Apr 2017 9:57 AM

Paytm in talks to raise over $1 bn funding from SoftBank

Paytm may buy Snapdeal-owned payments firm Freecharge as part of the transaction with SoftBank.

19 Apr 2017 10:15 AM

Ola gets Rs 1,675 cr fresh funds from Japan's Softbank

Bengaluru-based firm Ola was aggressively looking at raising funds to compete with Uber.

14 Apr 2017 12:54 PM


Flipkart's Binny Bansal in a letter hints cost cutting

India's largest e-commerce player looking to cut cost by its plan to sack at least 700 employees, over 3 pc workforce.

11 Apr 2017 10:44 AM

Snapdeal allays fears of lay-offs among employees

Japan's Softbank is seen as keen to sell Snapdeal to its larger rival Tiger Global-backed Flipkart.

10 Apr 2017 12:44 PM

SoftBank searches buyer for digital wallet Freecharge

Alibaba-owned Paytm is among frontrunner suitors for Freecharge that is up for grabs at $150-200 mn.

06 Apr 2017 1:53 PM

Softbank reworking sale plan of Snapdeal

Consensus could not be reached for sale proposal at Tuesday's board meeting of Snapdeal.

06 Apr 2017 12:40 PM

SoftBank proposes merger of Snapdeal with Flipkart

Kunal Bahl-promoted ecommerce giant has been in trouble for lack of funds and low profitability.

28 Mar 2017 2:07 PM