Snapdeal, which has raised about $400 million since its inception, has invested about $100 million in logistics and operations to expand its presence in the $3 billion Indian eCommerce market.
The FDA Maharashtra on Friday lodged an FIR against Snapdeal.
In April, Snapdeal had said it was delisting the drugs from its portal and was assisting the regulator in the investigation.
Nandan Nilekani, Gokul Rajaram at top two spots in value terms
In a policy paper submitted to US Senators, the Foundation for India and Indian Diaspora Studies (FIIDS) said the excessive delays in the processing of permanent residency applications due to country-wise quota contributed to America's loss of revenue, market leadership and competitive edge.
Ratan Tata has made investments in his personal capacity in more than 15 start-ups over the last 20 months.
Recently, e-commerce firms have been under the lens for tax violation.
Unlike many peers in the VC space, LSE grad Juneja doesn't have an entrepreneurial background but is said to be strong in finance skills
Last year, the top 10 investors in the country had put their money in 209 deals, according to the data compiled by VCCEdge based on deals disclosed. This year they put money in only 60 deals.
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New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
Alibaba, the world's biggest e-commerce firm by transaction value, supports small businesses on its platforms.
The Intel Capital India Technology Fund, with a corpus of 250,000, was established in 2005-06 in India through which tech VC has invested a lot in data centre technology, telecom and infrastructure, apart from e-commerce.
For the four new players, the spike in wealth is 126 per cent.
As part of the partnership, about 1,000 homes across projects in cities like Mumbai, Pune, Ahmedabad, Bengaluru and Chennai will be put up for sale on Snapdeal.
Experts believe more efforts would be needed in future funding rounds.
If the deal goes through, Snapdeal founders will get $60 million (cumulative), of which half will be given to employees.
Few angels have seen exits; till that happens, they won't be rushing to invest again.
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
USISPF slammed government's move and alleged that the amendments announced were without any consultation and are akin to changing rules in the middle of the game.
Over the past two years, Tata has invested in over 20 start-ups
He said action was akin to holding highway builders responsible for lane violations
India has the highest proportion of CODs at 60% of total orders, compared to 50% in China, 28% in Indonesia, and 24% in Brazil
Alibaba in talks to invest up to $700 million in Snapdeal
Snapdeal's new customer acquisition has doubled.
Not chasing IIM-A graduates whose joining dates have been deferred by rival Flipkart, says the company
The company aims to bring in a million on-board sellers in the next three years.
Far from public glare, company is investing in tech firms and providing consultancy.
Snapdeal has been on the deal street for raising fresh funds in order to muscle up for the growing competition in e-commerce.
RupeePower aims to become the No 1 originator of financial products.
Indian e-commerce company raises Rs 600 crore in sixth round of funding.
Sixty-five per cent of the company's sales are coming from Tier II cities and beyond, says the company CEO.
This was because his wife Anu was not able to join him in Seattle, due to the existing US law that said if a green card holder marries, his/her spouse's visa is rejected.
Idea is to bring millions of small and medium enterprises online by making it easy for them to list and sell.
The deal that promises to make Flipkart a leading force in fashion segment - estimated at Rs 3 lakh crore - came after hectic weekend parleys.
Flipkart's valuation of $15.2 bn arrived at during latest round of $700-mn fund raise.
Last year, traffic jumped 15 times on Snapdeal's 'Big Sale Day' on Oct 6, when it had clocked Rs 1 crore a minute of sales over 10 hours.
Tax collection at source would lock in Rs 400 crore of seller money, say Flipkart, Amazon, Snapdeal.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Chinese e-commerce giant planning to enter India this year, will take on global e-retailer
Tech grads from BITS Pilani identify a problem and then use technology to solve it. The Visit story.
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