Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others.
Rani Mukerji attends the North Bombay Sarbojanin Durga Puja Samiti's Kali Puja with her family and friends.
SoftBank-based 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. Snapdeal, which competes with Amazon and Flipkart, filed a request this week with the Securities and Exchange Board of India (Sebi) to withdraw its draft red herring prospectus (DRHP) amid a sell-off in tech stocks worldwide. "Considering the prevailing market conditions, the company has decided to withdraw the DRHP. The company may reconsider an IPO in the future, depending on its need for growth capital and market conditions," a Snapdeal spokesperson said.
Beauty and Personal Care (BPC) e-retailer Honasa Consumer's initial public offering (IPO) has failed to find backing from analysts due to the company's weak financial track record and expensive valuation. T Manish, research analyst at Samco Securities suggests avoiding the IPO as the company's financial performance does not inspire confidence. "The profit has been inconsistent and advertising and marketing expenses are incredibly high at around 40 per cent of the revenues.
Prime Minister Narendra Modi had announced the policy last month.
Snapdeal to invest up to $200 mln to improve deliveries.
Even as their venture Snapdeal is clocking rapid growth, Kunal Bahl and Rohit Bansal are mentoring young entrepreneurs.
Defending champions Mumbai got their Ranji Trophy campaign back on track with an emphatic nine-wicket win over Maharashtra in their second group A league game in Mumbai on Monday, offsetting the heavy loss to Baroda in the opening game.
Flipkart co-founder Sachin Bansal on Friday took pot shots at Snapdeal saying India should not be blamed for the latter's failure to hire "great engineers".
A first information report (FIR) was filed in Ghaziabad on Monday against Alt-News co-founder Mohammad Zubair for allegedly promoting enmity among religious groups and other offences following a complaint by an aide of controversial priest Yati Narsinghanand, according to police.
A 2014 study had ranked IITs as fourth among the top 50 universities globally, whose graduates were entrepreneurial.
Letsgomo Labs has a 76-member team.
E-commerce platform Snapdeal has filed preliminary documents with markets regulator Sebi to raise funds through an initial public offer (IPO), joining the league of internet-led businesses looking to list on domestic stock exchanges. The public issue comprises fresh issuance of equity shares worth Rs 1,250 crore and an offer for sale (OFS) of 3.07 crore equity shares, according to the draft red herring prospectus (DRHP). According to market sources, potential listing could value Snapdeal at about $1.5-1.7 billion.
The suicides have involved more NEET aspirants than JEE. 'It's a make-or-mar situation.' 'Either you get into a government medical college, where the fee is much lower than in private institutes, or you don't make it.'
By switching to simpler alternatives, you can make Diwali enjoyable for all.
The Bombay High Court had revoked the ban on Maggi on October 19 paving the way for it to be back on shelves.
JM Financial, Axis Bank, and Bank of America have been roped in as the bankers to run the mandate, say sources.
Homegrown e-Commerce major Snapdeal on Tuesday launched a new initiative to help sellers on its platform get easy access to working capital to help them expand their business further.
Infibeam appointed Kothari as president, strategy, corporate development, international operations, and investor relations.
India is the next major breeding ground for start-ups.
Prime Minister Narendra Modi and industrialist Mukesh Ambani feature amongst the most searched personalities online this year, according to search engine Yahoo.
Snapdeal to spend $1 billion on 5-6 acquisitions this year.
There are 68 Philatelic Bureaux and 1,111 philatelic counters in the country.
Internet entrepreneurs are the next big thing in India.
Snapdeal has a number of shareholders including Ontario Teachers' Pension Plan, PremjiInvest, Ratan Tata, Foxconn, Temasek and BlackRock, among others.
Ratan Tata has made investments in his personal capacity in more than 15 start-ups over the last 20 months.
Justice Amit Bansal passed the interim order against academicians Audrey Truschke, Ananya Chakrabarti, Rohit Chopra and Ashok Swain as well as freelance journalist Abhishek Baxi on a defamation lawsuit filed by Sampath.
As the Indian version of The Archies gets ready to hit OTT, Deepa Gahlot picks 10 interesting college-and-youth-oriented shows on OTT.
Snapdeal and Flipkart to battle it out over Express Delivery
Snapdeal chief executive officer Kunal Bahl said Piramal's investment was a significant endorsement for the firm and the transformation the company has undergone over the last couple of years.
The bench of Justice Amit Bansal also sought the response of Meta Inc, the parent company of social media platform Facebook, on an application filed by Vikram Sampath alleging defamatory content has been circulated on the platform.
Snapdeal is conducting due diligence on ShopClues, a move that may lead to a potential acquisition of the latter, which may bring in a fresh infusion of funds for the new entity.
Indian start-ups and software product companies are trying to attract engineers and programmers who are either stranded in India because of the lockdown or H-1B visa holders who have been laid off.
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.
According to sources, employees from marketing, ad-tech, category, digital marketing, engineering team, catalogues, have all been asked to leave.
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.
The market is abuzz with the talk of Snapdeal raising up to $600 million (Rs 3,600 crore) with new investors such as Japan's Softbank and Japanese e-commerce company Rakuten.
Every competitor is eyeing the top slot that Flipkart holds.
If the deal goes through, Snapdeal founders will get $60 million (cumulative), of which half will be given to employees.
Snapdeal has been on the deal street for raising fresh funds in order to muscle up for the growing competition in e-commerce.
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