Kunal Bahl

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Kunal Bahl - Total results - 69
Startups hope govt announces some relief measures for sector with same generosity as for MSMEs
Business

Startups hope govt announces some relief measures for sector with same generosity as for MSMEs

The government's booster measures for MSMEs drew a mixed response from the startup community with many believing the package will benefit startups, even as others disagreed.

Anand Mahindra, Vijay Shekhar Sharma among others congratulate Sundar Pichai on becoming Alphabet CEO
India

Anand Mahindra, Vijay Shekhar Sharma among others congratulate Sundar Pichai on becoming Alphabet CEO

Mahindra and Mahindra Chairman Anand Mahindra and Paytm founder Vijay Shekhar Sharma among others took to Twitter to congratulate Google CEO Sundar Pichai for becoming the head of Alphabet — the internet giant’s parent company.

VG Siddhartha dead: Politicians, business leaders condole CCD founder's death; netizens reminisce about their go-to cafe
Politics

VG Siddhartha dead: Politicians, business leaders condole CCD founder's death; netizens reminisce about their go-to cafe

India's biggest coffee chain founder VG Siddhartha's body was found on Wednesday morning after being reported missing mysteriously since Monday night

E-commerce curbs: Snapdeal, Shopclues support govt's 1 February deadline, assure compliance
Business

E-commerce curbs: Snapdeal, Shopclues support govt's 1 February deadline, assure compliance

The government will from 1 February impose restrictions on how e-commerce firms operate, including barring them from selling products from firms in which they have an equity interest, leading to protests from Amazon and Flipkart.

Snapdeal, ShopClues write to govt, support 1 February deadline for e-commerce FDI norms
Business

Snapdeal, ShopClues write to govt, support 1 February deadline for e-commerce FDI norms

Traders' body CAIT, had also requested the government not to accede to any demand by large e-commerce players

Drug regulator initiates prosecution proceedings against Snapdeal for unlawfully selling medicines
Business

Drug regulator initiates prosecution proceedings against Snapdeal for unlawfully selling medicines

The Karnataka government has issued an order permitting authorities concerned to initiate prosecution proceedings in competent jurisdiction court against e-tailer Snapdeal and a Ludhiana-based company for unlawfully selling drugs

Infibeam to buy Snapdeal's Unicommerce in Rs 120-cr deal, plans to boost e-commerce capabilities
Business

Infibeam to buy Snapdeal's Unicommerce in Rs 120-cr deal, plans to boost e-commerce capabilities

Infibeam on Monday said it will acquire Snapdeal's subsidiary Unicommerce, which offers e-commerce enablement software, in a deal worth up to Rs 120 crore

Snapdeal posts Rs 4,647 crore net loss in 2016-17, impacted by provision for 'impairment of goodwill'
Business

Snapdeal posts Rs 4,647 crore net loss in 2016-17, impacted by provision for 'impairment of goodwill'

Snapdeal's total income also declined by 12.6 percent to Rs 1,291.3 crore in FY2017 from Rs 1,478.2 crore in the previous year.

Snapdeal merger: Early investor Kenneth Glass backs Kunal Bahl's decision to call off talks
Business

Snapdeal merger: Early investor Kenneth Glass backs Kunal Bahl's decision to call off talks

"Ten years ago, I believed in Kunal and Rohit's vision to create a successful company in India and was excited to be their very first investor," Glass wrote in an email.

Full text: Snapdeal's Kunal Bahl, Rohit Bansal tell staff 'new path' already profitable at gross level
Business

Full text: Snapdeal's Kunal Bahl, Rohit Bansal tell staff 'new path' already profitable at gross level

It is time to focus on the business and leverage all our strengths to progress towards our vision of building the best marketplace, Snapdeal's Kunal Bahl and Rohit Bansal said in the letter

Snapdeal-Flipkart deal talks called off: Snapdeal 2.0 is too long and painful a journey for staff, investors
Business

Snapdeal-Flipkart deal talks called off: Snapdeal 2.0 is too long and painful a journey for staff, investors

The collapse of deal talks is not in the best interest of any of the stakeholders involved

Snapdeal 2.0 can log Rs 150-cr gross profit in 12 months, says co-founder Kunal Bahl
Business

Snapdeal 2.0 can log Rs 150-cr gross profit in 12 months, says co-founder Kunal Bahl

Through Snapdeal 2.0, the company wants to enable anyone to set up a store online in a few minutes

Snapdeal-Flipkart deal called off: Can Snapdeal go solo? Difficult but not impossible, say experts
Business

Snapdeal-Flipkart deal called off: Can Snapdeal go solo? Difficult but not impossible, say experts

A Snapdeal 2.0 will be very difficult if they follow their existing business strategy

Flipkart's Snapdeal acquisition plan hits a roadblock after six months of hard negotiations
Business

Flipkart's Snapdeal acquisition plan hits a roadblock after six months of hard negotiations

The founders (Kunal Bahl and Rohit Bansal) and shareholders have not yet agreed on the terms of the deal

Axis Bank agrees to acquire full stake in FreeCharge from Snapdeal
News & Analysis

Axis Bank agrees to acquire full stake in FreeCharge from Snapdeal

Axis Bank has entered into an agreement with Jasper Infotech Private Limited to acquire full stake in the "FreeCharge" brand, a company statement said.

Snapdeal acquisition: Flipkart likely to raise offer to $900-950 mn, closer to asking price
Business

Snapdeal acquisition: Flipkart likely to raise offer to $900-950 mn, closer to asking price

The development comes after Snapdeal rejected Flipkart's earlier offer of $800-850 mn

Snapdeal raises over Rs 113 cr from founders Kunal Bahl, Rohit Bansal, Nexus Venture Partners
Business

Snapdeal raises over Rs 113 cr from founders Kunal Bahl, Rohit Bansal, Nexus Venture Partners

The cash-strapped firm, over the past few months, has trimmed workforce and shut down non-core operations in a bid to control costs

Snapdeal staff may get Rs 193 cr bonanza if merger with Flipkart goes through
Business

Snapdeal staff may get Rs 193 cr bonanza if merger with Flipkart goes through

Compared to a valuation of about USD 6.5 billion in February 2016, the sale to Flipkart could see Snapdeal being valued at about USD 1 billion.

Snapdeal board meet: No agreement on sale to Flipkart as valuation impasse continues
Business

Snapdeal board meet: No agreement on sale to Flipkart as valuation impasse continues

The meeting remained inconclusive as NVP -- an early-investor in Snapdeal -- has still not agreed to the valuation given by SoftBank