Will $17.5M act as a breather for Snapdeal?
According to a filing with the Registrar of Companies, Ministry of Corporate Affairs, Jasper Infotech, Indian ecommerce company Snapdeal’s parent company raised $14.9 million...
Alibaba’s logistics arm Cainiao to develop 1M smart vans, invest $7.3B
Chinese ecommerce giant Alibaba Group’s logistic arm, Cainiao Network Technology has announced a partnership with two of the largest Chinese automotive companies SAIC Motor...
The Indian e-commerce nexus: Flipkart-Snapdeal merger on the cards
Japan's SoftBank, and the largest shareholder in Indian e-commerce platform, Snapdeal, has secured a nod from co-investor Nexus Venture Partners (NVP) to sell the...
Ecommerce fraud protection company Signifyd raises $56M
Signifyd, that protects ecommerce businesses from fraud and chargebacks, has secured $56 million in a Series C investment round led by Bain Capital Ventures,...
Amazon.in fastest growing marketplace in India: Jeff Bezos
Amazon recently released its first quarter report and stated that it’s the fastest growing marketplace in India, as well as the most visited site...
A timeline of Flipkart’s acquisitions
Sachin Bansal and Binny Bansal, Founders of Indian online marketplace, Flipkart, stated that the $1.4 billion investment by eBay, Tencent and Microsoft was a...
It took Flipkart a decade to raise $4.65B
Tencent, eBay and Microsoft have cumulatively made investments aggregating to $1.4 billion in Indian online marketplace, Flipkart. The latest funding round from the three...
Post raising $1.4B, Flipkart acquires eBay India
Indan online marketplace, Flipkart, has raised $1.4 billion from Tencent, eBay and Microsoft at a post-transaction valuation of $11.6 billion, being called its largest...