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Management

Snapdeal reported to shut down Exclusively.com in costs-cut frenzy

Involved in an intense costs-cutting plan, Snapdeal would be eager to close Exclusively.in, barely 18 months after it acquired the online fashion platform founded in 2010 by founded in 2010 by Sunjay Guleria and Mohini Boparai Guleria. According to souces close to the matter quoted by ‘Mint’, Snapdeal’s plan is merging the entire catalogue of...

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Member
Business

Snapdeal buys high-end peer Exclusively

Snapdeal, one of India’s largest e-commerce sites, announced Wednesday it has purchased Indian high-end fashion e-commerce site Exclusively.com. Snapdeal is now ready to aim for its 2 billion dollars fashion sales target. As further explained by both parties, and despite the acquisition, Exclusively will continue to operate as an independent...

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