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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......
Anand Piramal invests undisclosed sum in e-commerce firm Snapdeal
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......
Snapdeal keen to buy smaller rival ShopClues
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. Hoping to make a......
E-commerce firms in India form their own lobby group
The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others. Illustration: Uttam Ghosh/Rediff.com Hit by the......
'New e-commerce rules regressive, will harm consumers'
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. Illustration: Dominic......
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