Wednesday, Apr 24, 2024 | Last Update : 07:11 AM 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
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