SoftBank to invest $2 bn in Flipkart as Snapdeal takeover fails

02 Aug 2017

Snapdeal 2.0: 80% of employees may see pink slip

01 Aug 2017

Snapdeal may face investor ire for snapping talks with Flipkart

01 Aug 2017

Snapdeal, Flipkart call off merger deal

01 Aug 2017

The decision follows objections raised by Snapdeal's smaller investors on the terms of the deal and payouts and the emergence of an alternative `Snapdeal 2.0’ strategy

Snapdeal-Flipkart merger may not happen after all

31 Jul 2017

A meeting scheduled for today to close the buyout of Snapdeal by Flipkart has been cancelled, as Snapdeal founders Kunal Bahl and Rohit Bansal seem keen to revive it as a leaner, meaner ‘Snapdeal 2.0’

Tata, Temasek, others okay Flipkart-Snapdeal merger: report

28 Jul 2017

Axis Bank set to buy Jasper's Freecharge for Rs350-400 cr

27 Jul 2017

Snapdeal sale around corner as Jasper okays Flipkart offer

27 Jul 2017

The buyout deal is almost through but the board wants to take a broader consensus from its major shareholders, including Ratan Tata and PremjiInvest, reports said

Flipkart agrees to $900-950-bn acquisition of Snapdeal

26 Jul 2017

The merger deal does not include FreeCharge and Vulcan Express - the two subsidiaries of Jasper Infotech that owns Snapdeal

Flipkart set to sweeten offer for Snapdeal; may go up to $950 mn

13 Jul 2017

Snapdeal, which is also engaged in separate discussions for selling Freecharge (mobile wallet operations) and Vulcan Express (logistics), is likely to close these as well over the next few weeks

Snapdeal rejects Flipkart’s Rs5,500 cr buyout offer; talks still on

05 Jul 2017

Snapdeal's board is reported to have rejected a takeover offer of $800-850 million (around Rs5,500 crore) from larger ecommerce rival Flipkart

Azim Premji’s objections jeopardise Flipkart-Snapdeal merger

23 Jun 2017

Flipkart, Snapdeal sign term sheet for all-stock merger

24 May 2017

The merged entity will create a stronger competitor to global online retailer Amazon, which is using all available means to establish itself as leader in the Indian online market place

Snapdeal staff may get Rs193 cr payoff after merger with Flipkart

15 May 2017

In an unusual move, Snapdeal’s founders Kunal Bahl and Rohit Bansal may distribute $30 crore, half of their expected payout of $60 crore, among all employees after the expected merger with Flipkart

Snapdeal co founders to get $30 mn each as merger with Flipkart nears

12 May 2017

The merger of online marketplaces Snapdeal and Flipkart is now virtually confirmed, with Snapdeal co-founders Kunal Bahl and Rohit Bansal likely to receive $30 million in cash each from SoftBank on their exit from the company

Snapdeal board meeting today to discuss sale to Flipkart

02 May 2017

Paytm to raise up to $1.5 bn as Flipkart-Snapdeal merger nears

19 Apr 2017

SoftBank launches talks with Flipkart for Snapdeal sale

11 Apr 2017

Bahl, Bansal move to reassure staff as Snapdeal sale nears

10 Apr 2017

Flipkart raises $1.5 bn, Snapdeal takeover around the corner

07 Apr 2017

India’s biggest ecommerce company will raise a total of $2 billion in the current funding round, with another $500 million coming from Japanese internet and telecom conglomerate SoftBank

Snapdeal reported on the verge of being sold to Flipkart

06 Apr 2017

Most reports say that the country's third-largest online shopping platform Snapdeal would be sold to Flipkart, but Paytm's name has also come up as a potential buyer – in any case the valuation is likely to be a fraction of what it was last year

Amid boardroom battle, SoftBank yanks Snapdeal fund offer

03 Apr 2017

Japanese investor SoftBank has abruptly rescinded $150-200 million debt financing it had offered to Snapdeal owner Jasper Infotech, escalating a boardroom battle involving new and old investors

SoftBank rift with Kalaari, Nexus threatens Snapdeal’s future

31 Mar 2017

SoftBank brokering merger of Snapdeal, Flipkart: report

28 Mar 2017

The Japanese telecom and internet group is likely to invest up to $1.5 billion in the merged entity by picking up primary and secondary shares, giving it around 15-per cent stake in the Flipkart-Snapdeal combine

Snapdeal appoints Jason Kothari as FreeCharge CEO

20 Mar 2017