Snapdeal defers Rs 1,250-cr IPO

SoftBank-backed e-commerce marketplace Snapdeal has deferred its Rs 1,250 crore IPO, joining the list of startups that have decided to shelve their initial public offering (IPO) plans this year.......

Pre-owned car sellers see brisk volume growth as chip crunch persists

Even as the semiconductor shortage has limited the demand for new cars, the pre-owned car segment is seeing a surge. A preference for personal mobility, availability of multiple organised online......

Rise of Cars24, India's latest unicorn

Co-founders of India’s latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar......

Once a $1-billion brand, ShopClues sold for just about $100 mn

After multiple attempts at selling itself, including to larger e-commerce player Snapdeal, ShopClues has found a buyer in Singapore-based e-commerce platform Qoo10 in an all-stock deal. This was......