Will Snapdeal really turn profitable in next two years?

Snapdeal_by-Junaid2Snapdeal co-founder Kunal Bahl has said that the e-commerce firm is looking to turn profitable in the next two years and that it doesn’t need to raise funds unless it decides to make an acquisition. “I see a relatively clear line of sight to (profit) and we’ve been making great progress in that direction also,” […]

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Should the government heed to Flipkart, Ola’s call for protection?

flip-olaA nationalistic fervour swells up in the Indian startup landscape with two of the largest homegrown consumer internet companies seeking protectionist policies amid heightened competition from their global rivals. Co-founders of Flipkart and Ola have demanded a level-playing field for domestic companies and even suggested blockades against foreign firms. Speaking at an event on Wednesday […]

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Will latest markdowns affect Flipkart, Ola and Snapdeal’s fundraising?

bookmyshow_fund-raisingYear 2016 has not been a great period for Indian consumer internet companies. Not only has there been a sharp decline in the number of deals in this space, companies that saw large cheques and subsequent valuation jumps earlier are now facing what they dread the most – markdowns on their valuations. Top Indian consumer […]

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How Amazon, Flipkart, Snapdeal are circumventing rules to give discounts

online-discountsCome October and it will be raining discounts online. E-commerce firms will come up with their annual big sales—Amazon’s Great India Sale, Flipkart’s Big Billion Day and Snapdeal’s Unbox Diwali—starting October 2 to 6. The discounts will range anywhere between 10% and 70% or more. This comes just six months after the government ruled that […]

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