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Nexus Venture Partners News

Snapdeal-Flipkart merger

11 Aug 2017

Complexity of deal derailed Flipkart-Snapdeal talks: Sources

While Snapdeal had stated that it would follow an independent path and was therefore, terminating all strategic talks, sources had said differences in valuation and terms of the deal had led to the fallout after five months of negotiations.

10 Jul 2017

Flipkart to make revised offer for Snapdeal this week

One of the leading contenders in the Indian e-tailing segment, Snapdeal has seen its fortunes failing amid strong competition from Amazon and Flipkart.

23 Jun 2017

Credit Suisse reaches out to Snapdeal's minority shareholders

The beleaguered firm has a number of investors including PremjiInvest, Ontario Teachers' Pension Plan, Ratan Tata, Foxconn, Temasek and BlackRock among others.

01 May 2017

Snapdeal board to discuss likely sellout today

The board of Snapdeal is expected to meet on Monday to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart.

05 Apr 2017

SoftBank preps Snapdeal for sale, looks to buy Kalaari, Nexus stakes

At a board meeting of Jasper Infotech, SoftBank showed interest in buying a part of the stake owned by Kalaari and Nexus.

Online commerce

03 Dec 2015

Flipkart acquires stake in MapmyIndia to improve delivery ops

MapmyIndia would continue to independently serve all consumers and enterprises across all industries.

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