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4 days ago · With market regulator Securities and Exchange Board of India (SEBI) assigning the promoter tag to SoftBank for Snapdeal-backed SaaS company Unicommerce eSolutions, the Japanese investor has ...
14 hours ago · In the draft red herring prospectus (DRHP) filed by Unicommerce in January of this year, only AceVector Ltd (formerly Snapdeal) was mentioned as a promoter. Before the new names were added to the list of promoters, Starfish signed an agreement with AceVector, Bahl, and Bansal on May 17 to shield itself and its employees from any claims related to being labeled as a promoter of the startup.
3 days ago · SoftBank has entered into an indemnity agreement with Snapdeal founders --- Kunal Bahl and Rohit Bansal --- after markets regulator Securities and Exchange Board of India (Sebi) classified the Japanese investment major as the “promoter” of IPO-bound Unicommerce eSolutions. The move by SoftBank ...
4 hours ago · Vani Kola-led Kalaari Capital — an early investor in Myntra and Snapdeal — has made the investment through its CXXO initiative, which invests in ventures led by women entrepreneurs. The round also saw participation from the likes of Yash Kela of Founders Collective Fund, Amaya Ventures (the family office of Amit Khanna), Capri Holdings, Aditi Kothari of DSP, Adiko Holdings, and others.
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5 days ago · Former Snapdeal Exec Explains. Amazon’s success in e-commerce business in India was by tweaking the model they have done all over the world for India and ensuring the best customer experience,...
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5 days ago · Anand Chandrasekaran, former partner at General Catalyst, has emerged as the top angel investor for the third consecutive year in India to have 20 investments into upcoming unicorns, according to...
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