Snapdeal
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
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
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
