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ShrutikaVerma

Stories by ShrutikaVerma

India

India: Snapdeal sale to Flipkart may be called off

Founders and shareholders have not yet agreed on the terms of the deal.

Interviews

After raising $1.4b, Paytm looking to acquire 500m new customers

Paytm plans to launch a slew of financial products.

Venture Capital

India’s leading digital payments firm Paytm raises $1.4b from SoftBank

It is one of the largest funding rounds by a single investor

India

India: Flipkart makes $1b informal offer for Snapdeal, no consensus yet on exit payouts

Differences between Snapdeal investor SoftBank and 2 other shareholders persist.

Deals

Snapdeal moves closer to Flipkart sale but SoftBank yet to get all on board

All board members agreed the only viable course left was a sale to Flipkart.

Opinion

Crisis at India’s Snapdeal: A result of boardroom battle

It is the culmination of a series of errors by its co-founders and its board.

India

India: Snapdeal’s co-founders hint firm’s fate not in their hands

SoftBank has initiated talks to sell Snapdeal to Flipkart or Paytm.

India

India: SoftBank preps Snapdeal for sale, moves to buy Kalaari, Nexus stakes

Snapdeal investors take steps towards resolving their rift

India

India: Snapdeal misses out on funding as SoftBank feuds with Kalaari Capital, Nexus

The boardroom battle has contributed to the crisis at Snapdeal

Private Equity

India: BigBasket raises funding from Trifecta Capital

The funds will be used to set up new warehouses, cold chains etc

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