Snapdeal board accepts Flipkart’s takeover offer for $950m
The board of online marketplace Snapdeal has given the green signal to the company to continue negotiations to sell itself to Flipkart, which increased its buyout offer to $900-$950 million last week. The board which runs Snapdeal, Jasper Infotech approved Flipkart’s bid of $900-$950 million last week. A deal is now pending and is awaiting… (0 comment)

Yourstory announcing the eighth edition of India’s biggest startup technology summit. TechSparks 2017 invites you to the biggest gathering of entrepreneurs, technologists, investors, mentors and business leaders. Save the date 22 and 23 September 2017 Venue: Vivanta by Taj, Yeshwantpur, Bengaluru This year, TechSparks is bigger than ever before, bringing in key stakeholders and influencers,… (0 comment)

This is the story of a headstrong entrepreneur, who had his own ideas on how to run an e-commerce business but made the mistake of over-relying on venture capital funds and perished away. Indiaplaza, one of the pioneers in the online shopping platforms in India was founded by K Vaitheeswaran and his five friends in… (0 comment)

Snapdeal rejects Flipkart takeover offer (yet another homegrown ecommerce major) of roughly $700-800 mn as per Livemint attracting criticism from its shareholders according to some people well acquainted with the matter. The news comes just a few days after Flipkart completed its commercial and legal due diligence of Snapdeal. The reason for this rejection is… (0 comment)

Meet The Self-Funded E-commerce Startups: Kashmiri Bazaar Kashmir- a heaven on the planet Earth reminds us of the real meaning of beauty at its best. A land sculpted as a masterpiece by the Gods themselves, sits at the bejewelled crown of our nation. From the serenity of Srinagar, the exquisite nature of Leh, to the… (0 comment)

SAAS based startup Autobix recently raised an undisclosed amount in a seed round. The funding comes from GardX International Ltd, United Kingdom. Autobix is a software as a service based automotive dealership solutions provider. The core idea of the startup is to bring various functions of automobile workshops together. This imparts transparency for the customers… (0 comment)

POPxo Raises $3.1 Million Funding from IDG Ventures India and Kalaari Capital. GREE Ventures from Japan, Summit Media from Phillippines, Gurpreet Singh, and Atul Goel were the other participants. The digital community for women emerged in November 2014 with its two founders Priyanka Gill and Namrata Bostrom. The company had earlier raised Rs 3 crore… (0 comment)

So getting its name to the list of freshly funded startups, Credihealth delivers it big. The Gurugram based health startup Credihealth Raises $1.5 Million Funding in a pre-Series A round.   Credihealth Pvt. Ltd. is a Gurugram based medical assistant company serving since 2013. It started with a noble cause of helping people get the… (1 comment)

Paytm launched Paytm Mall Ecommerce App Paytm launched Paytm Mall Ecommerce App, now has a separate app for its ecommerce platform! Paytm said that only trusted sellers allowed on Mall. Paytm Mall will enable consumers to shop from 1.4 lakh sellers for millions of products across all categories. After seeing an unmatchable success with its… (0 comment)