India's battle of online retailers has just gotten more interesting with Snapdeal co-investor Nexus Venture Partners (NVP) agreeing to sell the e-commerce portal to Flipkart; this week itself could see the signing of a term sheet. Japan-based Softbank, with a share of 30 percent the largest shareholder in Snapdeal, had already secured permission...
May 15, 2017
Mumbai - Leading online marketplaces, Snapdeal has launched premium American menswear brand Original Penguin in India. Snapdeal has entered into an exclusive partnership with BMI Wholesale Trading (BMI), to bring the brand to the country. BMI has, in the past launched global labels such as French Connection, Gucci, Calvin Klein and Tommy...
Aug 27, 2015
The lanes are narrow, the stench is overwhelming: welcome to Dharavi, one of the world's largest slums located in the heart of Mumbai, India. Finding a computer in any of the tiny households that are often not larger than 80 square feet (7.5 square meters) and double as workshops is unlikely, yet about 200 of those shops have tied up with...
Mar 2, 2015
