Flipkart's Snapdeal acquisition plan hits a roadblock after six months of hard negotiations
• 8 years agoThe founders (Kunal Bahl and Rohit Bansal) and shareholders have not yet agreed on the terms of the deal
Flipkart's $950 mn offer: Snapdeal to seek view of Ratan Tata, PremjiInvest, other investors
• 8 years agoSnapdeal Board is now expected to meet next week
Snapdeal acquisition: Flipkart likely to raise offer to $900-950 mn, closer to asking price
• 8 years agoThe 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
• 8 years agoThe 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
• 8 years agoCompared 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
• 8 years agoThe meeting remained inconclusive as NVP -- an early-investor in Snapdeal -- has still not agreed to the valuation given by SoftBank
Snapdeal board is expected to meet on Tuesday to discuss sell-out to Flipkart
• 8 years agoThe board of Snapdeal is expected to meet tomorrow to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart.
Delhi entrepreneur files criminal complaint against Snapdeal CEO Kunal Bahl and other founders
• 8 years agoAdditional Sessions Judge RK Tripathi issued a notice to Snapdeal CEO Kunal Bahl, COO Rohit Bansal and its former chief financial officer (CFO) Vijay Ajmera for allegedly cheating.
Cash-strapped Snapdeal to offer generous pay hike of up to 15% amid sell-off buzz
• 8 years agoThe decision to give such a good pay hike has been taken at a time when Snapdeal's largest investor SoftBank is believed to be working towards sale of the e-commerce platform and a final decision is likely to be made in the next few weeks
Snapdeal promises higher salaries, job security to staff as investor SoftBank pushes for sale
• 8 years agoThe founders said the annual performance review process is nearly complete and employees will receive salary revision and promotion letters (where applicable) over the next two weeks.