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Snapdeal jobs cut

31 Jul 2017

Snapdeal undergoing major layoff, to slash 80% workforce

While the remaining employees are backing the Flipkart-Snapdeal merger, in an attempt to save their jobs, the frontrunners on the verge of losing power have decided to dissolve the same.

31 Jul 2017

Talks for Snapdeal acquisition by Flipkart hit a roadblock

The founders (Kunal Bahl and Rohit Bansal) and shareholders have not yet agreed on the terms of the deal as the former are pushing aggressively for continuing operations as an independent entity, one of the sources said.

22 Feb 2017

Snapdeal founders take 100% salary cut

Snapdeal co-founders Kunal Bahl and Rohit Bansal have taken a 100 percent salary cut, while many others at the firm have "proactively" offered significant reduction in compensation.

29 Aug 2016

Snapdeal's Gold answer to Amazon, Flipkart premium membership

After rivals Amazon and Flipkart, e-commerce major Snapdeal has now launched a premium service for its customers called Snapdeal Gold.

30 May 2016

Snapdeal opens data sciences centre in California

Mumbai: Online marketplace Snapdeal today said it has established a data sciences centre in San Carlos, California to get top global talent and build high-value solutions.

30 May 2015

India has some of the smartest engineers: Snapdeal's Bansal

Following criticism by rival Flipkart over comments on lack of quality engineers in the country, Snapdeal co-founder Rohit Bansal clarified that while India has some of the "smartest engineers on the planet", other geographies have built out far more at-scale products.

29 May 2015

Now, Flipkart takes a dig at Snapdeal

Escalating their business rivalry on Twitter, Flipkart co-founder Sachin Bansal on Friday took pot shots at Snapdeal saying India should not be blamed for the latter's failure to hire "great engineers".

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