Page 2 - Snapdeal

Snapdeal co-founders to take home Rs 5 cr each in salary in 2021

Snapdealspent nearly Rs 161 crore on employee benefits in the fiscal year 2021. Its co-founder and CEO Kunal Bahl was set to get compensation of Rs 3.5 cr, along with a performance bonus of Rs 1.5 cr

Snapdeal files IPO papers to raise Rs 1,250 crore via fresh issue

Snapdeal receives more than 86 per cent of its orders from outside metros

Plan to expand into omni-channel distribution, says Snapdeal

Snapdeal said the company intends to create a distribution channel through offline stores, partnering with existing neighbourhood stores and new franchisees

Market wrap: Indices recover; Sensex ends 497 pts up, Nifty holds 16,750

Snapdeal files DRHP to raise Rs 1,250 crore through fresh issue; C E Info Systems sees bumper debut at 53% premium; CMS Info Systems IPO off to a slow start on day one

Snapdeal files for IPO with fresh issue of shares worth Rs 1,250 crore

SoftBank-backed Indian e-commerce platform Snapdeal filed for an initial public offering on Tuesday, joining dozens of firms in the country that have tapped the capital markets this year.

Snapdeal appoints retail veteran Priyaranjan Kumar as VP and Business Head

Prior to joining Snapdeal, Kumar was COO of Iconic Fashion, where he led the creation of a complete omni channel sales structure and inventory management for efficient and accurate delivery of orders

SoftBank-backed Snapdeal targets $250-mn IPO in early 2022: Report

Snapdeal would become the largest tech company to test investors' appetite for IPOs after the disastrous debut of Paytm's parent, One 97 Communications Ltd

Snapdeal's Power Brands to give wider choice to budget-conscious

These Power Brands help systematically aggregate the supply of such merchandise on the platform

PwC to assist Snapdeal with its environment, social & governance programmes

As part of the engagement, PwC would assist Snapdeal to define the overall ESG vision

Festive season sale volumes more than double from last year: Snapdeal

Snapdeal's 'Toofani Sale' started at the beginning of October and concluded on October 31 with a final weekend sale

Snapdeal appoints Ullas Kamath, Anisha Motwani as directors on board

According to sources, Snapdeal hopes to gain from the new board members' experience in serving the value-conscious consumer in 'Bharat' or tier-2,3,4 markets ahead of its proposed IPO.

Snapdeal strengthens board with two additions ahead of its Rs 3,000 cr IPO

Zomato Chairman Kaushik Dutta and MD-CEO for ESG Stewardship Services at ECube Investment Advisors inducted

Snapdeal customer services now in eight languages apart from Hindi, English

The company also pointed out that Hinglish is also popular among its customers when it comes to speaking with customer service agents

Snapdeal announces additional maternity benefits, two-week paternity leave

As companies look to welcome staff back to office, Snapdeal update to its maternity leave policy comes keeping in mind the ongoing pandemic and apprehensions new mothers may have

Top headlines: FM lays out bad bank framework; Airtel to opt for moratorium

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Snapdeal opens 130 distribution hubs across India ahead of festive season

Most of these hubs are in Maharashtra, Karnataka, Telangana, and UP; Snapdeal has also augmented its logistics network in J&K and North-East

Snapdeal expands logistics network, sets up 130 distribution hubs

Value e-commerce marketplace Snapdeal on Thursday said it has opened 130 new distribution hubs this year across the country that will help cater to the growing demand from smaller cities, especially during the festive season. The maximum number of these hubs are located in Maharashtra, Karnataka, Telangana, and Uttar Pradesh, Snapdeal said in a statement. The company has also augmented its logistics network in Jammu and Kashmir and in the North-East, and with the addition of these hubs, Snapdeal now serves over 26,000 pin codes, it added. "The network expansion is serving the growing demand for online shopping from smaller cities such as Baramulla (J&K), Saharanpur (Uttar Pradesh), Khammam (Telangana), Alwar (Rajasthan), Sambalpur (Odisha), Tumkur (Karnataka), Latur (Maharashtra), Dimapur (Nagaland) and is designed to speed up deliveries for customers in these cities and in surrounding areas," it said. The expanded network is also designed to cater to the surge in demand that is ..

Snapdeal plans $350-400 million IPO, eyes valuation of up to $2.5 billion

Recently, Snapdeal said it saw huge traction in the sale of kids' apparel, a jump of 493 per cent in the sixth month period between January and July

Top headlines: Maruti to recall 180k vehicles; Snapdeal weighs $400-mn IPO

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Snapdeal weighs $400 mn IPO, joining other Indian startups in listing spree

The company, which counts SoftBank Group Corp. among its investors, is speaking with advisers about a potential listing in Mumbai that could value it at as much as $2.5 billion