Gmv

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Snapdeal is going all out to beat rival Flipkart: First stop, high fashion site Exclusively.in
Business

Snapdeal is going all out to beat rival Flipkart: First stop, high fashion site Exclusively.in

The acquisition of Exclusively is similar to that of Snapdeal's rival Flipkart acquiring online fashion retailer Myntra for an estimated Rs 2,000 crore deal in May 2014, marking it the biggest consolidation in the domestic e-commerce space and the deal comes at a time when others in the e-tail sector are expanding their presence acquisition of firms in niche categories.

Growing the war chest: Flipkart could be raising another $1.7 bn
Business

Growing the war chest: Flipkart could be raising another $1.7 bn

The fund raising is expected to be another step by the e-retailer to consolidate its position in India's highly competitive and expanding e-commerce market.