Connect with us

Latest News

Snapdeal Rejects Flipkart’s Buyout Offer

Published

on

Snapdeal Rejects Flipkart Buyout Offer,#StartupStories,Startup Stories,2017 most Read Startup Stories,Inspirational Stories,Snapdeal Rejects Flipkart,Flipkart Snapdeal acquisition deal,Premji Invests,Ratan Tata,shareholders of Snapdeal and Flipkart,Snapdeal Board Rejects Flipkart Buyout Offer

According to numerous reports, the Flipkart-Snapdeal acquisition deal has hit another snag and Snapdeal rejected Flipkart’s $700-800 million buyout offer. This development comes after homegrown e-commerce major Flipkart, completed its commercial and legal due diligence of Snapdeal.

The offer presented late last week is significantly lower than its proposed opening bid of $1 billion post completion of eight weeks of due diligence. MoneyControl reported that according to the new offer Flipkart offered $550 million valuations to Snapdeal for an all-stock acquisition. The offer is just for the acquisition of Snapdeal’s marketplace and will not include the mobile payments subsidiary FreeCharge or the logistics arm Vulcan.

VCCircle reported that according to Snapdeal sources the proposed exclusivity period for Flipkart to conduct due diligence has ended, thereby opening up the possibility for other suitors to buyout Snapdeal. However, multiple media reports also suggest that Flipkart and Snapdeal will continue the talks of the merger but the valuation differences between the companies will delay the process.

The Flipkart Snapdeal merger talks have been in place for the past two months, with the deal hitting obstacles for a brief period of time. The delay in the acquisition deal may adversely affect Japan based softBank, SnapDeal’s major investor with an anticipated $ 1.5- $ 2 billion investment in Flipkart.

While officials from both Flipkart and Snapdeal declined to make any comment, the new deal is expected to be more satisfactory to Snapdeal’s minority investors. The private investment firm of Azim Premji, Premji Invests, one of the minority shareholders of Snapdeal, objected special payments to certain shareholders, including its two co-founders and two early backers. Ratan Tata, Ontario Teachers’ Pension Plan and BlackRock, among others, are also minority shareholders of the online retail firm.

SoftBank agreed to cut Snapdeal’s valuation by 85% to $1 billion compared with a valuation of about $6.5 billion in February 2016. If completed, the merger would mark the biggest acquisition in the highly competitive e-commerce sector, opposing established players such as Amazon.

Majority shareholders of Snapdeal and Flipkart i.e., Softbank Group and Tiger Global Management respectively will decide the final deal amount and other aspects of the acquisition.

Continue Reading
Advertisement
113 Comments

113 Comments

  1. Oliveapago

    May 1, 2025 at 10:12 pm

  2. PeterTinty

    May 1, 2025 at 11:51 pm

    гарантия при продаже аккаунтов https://marketplace-akkauntov-top.ru/

  3. Richardneage

    May 2, 2025 at 12:52 am

    площадка для продажи аккаунтов купить аккаунт

  4. Jameszoogy

    May 2, 2025 at 2:38 am

    услуги по продаже аккаунтов маркетплейс аккаунтов

  5. Oliveapago

    May 2, 2025 at 9:50 am

    профиль с подписчиками площадка для продажи аккаунтов

  6. BryantGek

    May 2, 2025 at 11:35 am

    аккаунт для рекламы купить аккаунт

  7. Richardneage

    May 2, 2025 at 11:49 am

    маркетплейс аккаунтов соцсетей https://pokupka-akkauntov-online.ru/

  8. Daviddiaby

    May 3, 2025 at 5:19 am

  9. Jasonbiove

    May 3, 2025 at 5:21 am

  10. MichaelTrops

    May 3, 2025 at 6:44 am

  11. WalterAduck

    May 3, 2025 at 8:37 am

    Account marketplace Account Sale

  12. Jaredger

    May 3, 2025 at 11:06 pm

    Account Buying Service Account Purchase

  13. Brianthort

    May 3, 2025 at 11:08 pm

    Find Accounts for Sale Buy Account

  14. RonaldAgeva

    May 4, 2025 at 12:14 am

    Accounts marketplace Purchase Ready-Made Accounts

  15. Thomasseila

    May 4, 2025 at 3:33 am

    Account Exchange Service Account Buying Service

  16. BruceCal

    May 4, 2025 at 9:49 am

    Marketplace for Ready-Made Accounts Account Selling Platform

  17. WilliamFluep

    May 4, 2025 at 9:58 am

    Secure Account Purchasing Platform Account Selling Platform

  18. RonaldAgeva

    May 4, 2025 at 12:53 pm

    Account Trading Online Account Store

  19. BrandoncOb

    May 5, 2025 at 2:56 am

    account trading account acquisition

  20. EdmundEvawn

    May 5, 2025 at 2:57 am

    accounts market account market

  21. RomeoRer

    May 5, 2025 at 4:09 am

    account marketplace socialaccountssale.com

  22. Donaldaffow

    May 5, 2025 at 7:24 am

    accounts marketplace purchase ready-made accounts

  23. KeithPab

    May 5, 2025 at 10:24 pm

  24. Robertmaymn

    May 5, 2025 at 10:33 pm

    guaranteed accounts account market

  25. Hectorvef

    May 5, 2025 at 11:48 pm

    account buying service account sale

  26. Carloscip

    May 6, 2025 at 2:31 am

    account buying platform accountsmarketdiscount.com

  27. RichardBer

    May 6, 2025 at 9:06 am

    marketplace for ready-made accounts sell pre-made account

  28. Carlosbouby

    May 6, 2025 at 11:26 am

    secure account sales guaranteed accounts

  29. Stephenraw

    May 6, 2025 at 1:20 pm

    account purchase website for buying accounts

  30. StevenSix

    May 6, 2025 at 10:05 pm

    social media account marketplace account sale

  31. ClydeDug

    May 7, 2025 at 12:31 am

    account buying service marketplace for ready-made accounts

  32. JohnnyFlapy

    May 7, 2025 at 12:43 am

    account trading platform profitable account sales

  33. Thomasnal

    May 7, 2025 at 1:42 am

    account buying service account buying service

  34. PhilipLow

    May 7, 2025 at 10:50 am

    buy and sell accounts account selling service

  35. Randalwaing

    May 7, 2025 at 10:57 am

  36. RichardAneno

    May 7, 2025 at 9:20 pm

    account trading account market

  37. Zacharyswist

    May 7, 2025 at 9:27 pm

    account exchange account trading platform

  38. Kevinemere

    May 7, 2025 at 10:49 pm

    website for selling accounts account selling service

  39. RaymondAsymn

    May 8, 2025 at 3:50 am

    find accounts for sale buy account

  40. ThomasUrisa

    May 8, 2025 at 11:04 am

    website for buying accounts website for buying accounts

  41. NathanAburb

    May 8, 2025 at 11:17 am

    account acquisition account marketplace

  42. BruceSon

    May 8, 2025 at 12:21 pm

    website for buying accounts buy pre-made account

  43. Danielimare

    May 8, 2025 at 10:13 pm

    website for selling accounts account trading platform

  44. Geraldnendy

    May 9, 2025 at 1:42 am

    account selling platform secure account sales

  45. JasonZooca

    May 9, 2025 at 2:03 am

  46. Thomasdah

    May 9, 2025 at 3:38 am

    database of accounts for sale account trading platform

  47. accounts-offer.org_Neimb

    May 10, 2025 at 12:48 am

    account purchase https://accounts-offer.org/

  48. buy-best-accounts.org_Neimb

    May 10, 2025 at 2:13 am

    profitable account sales account market

  49. social-accounts-marketplace.xyz_tievism

    May 10, 2025 at 11:57 am

    purchase ready-made accounts accounts marketplace

  50. buy-accounts.space_tievism

    May 10, 2025 at 1:13 pm

    accounts for sale buy accounts

  51. buy-accounts-shop.pro_tievism

    May 10, 2025 at 11:41 pm

    accounts for sale buy-accounts-shop.pro

  52. buy-accounts.live_tievism

    May 11, 2025 at 4:06 am

    secure account purchasing platform https://buy-accounts.live

  53. accounts-marketplace.online_tievism

    May 11, 2025 at 5:05 am

    ready-made accounts for sale https://accounts-marketplace.online

  54. akkaunty-na-prodazhu.pro_tievism

    May 12, 2025 at 9:31 am

    магазин аккаунтов https://akkaunty-na-prodazhu.pro

  55. rynok-akkauntov.top_tievism

    May 12, 2025 at 9:57 am

    маркетплейс аккаунтов маркетплейсов аккаунтов

  56. kupit-akkaunt.xyz_tievism

    May 12, 2025 at 10:59 am

    площадка для продажи аккаунтов https://kupit-akkaunt.xyz/

  57. akkaunt-magazin.online_tievism

    May 13, 2025 at 12:46 am

    маркетплейс аккаунтов akkaunt-magazin.online

  58. akkaunty-market.live_tievism

    May 13, 2025 at 1:44 am

    купить аккаунт https://akkaunty-market.live

  59. kupit-akkaunty-market.xyz_tievism

    May 13, 2025 at 2:30 am

    площадка для продажи аккаунтов маркетплейсов аккаунтов

  60. akkaunty-optom.live_tievism

    May 13, 2025 at 10:39 pm

    площадка для продажи аккаунтов https://akkaunty-optom.live

  61. online-akkaunty-magazin.xyz_tievism

    May 13, 2025 at 11:28 pm

    маркетплейс аккаунтов соцсетей магазины аккаунтов

  62. akkaunty-dlya-prodazhi.pro_tievism

    May 14, 2025 at 12:21 am

    биржа аккаунтов akkaunty-dlya-prodazhi.pro

  63. kupit-akkaunt.online_tievism

    May 14, 2025 at 9:55 am

    магазин аккаунтов https://kupit-akkaunt.online/

  64. buy-adsaccounts.work_tievism

    May 16, 2025 at 4:03 am

    buy facebook account https://buy-adsaccounts.work

  65. buy-ad-accounts.click_tievism

    May 16, 2025 at 4:24 am

    buy a facebook account https://buy-ad-accounts.click

  66. buy-ad-account.top_tievism

    May 16, 2025 at 5:23 am

    buy facebook account https://buy-ad-account.top

  67. buy-ads-account.click_tievism

    May 16, 2025 at 8:59 am

    facebook ads accounts https://buy-ads-account.click

  68. ad-account-buy.top_tievism

    May 16, 2025 at 10:36 pm

    facebook account buy cheap facebook account

  69. buy-ads-account.work_tievism

    May 16, 2025 at 10:47 pm

    fb account for sale buy facebook old accounts

  70. ad-account-for-sale.top_tievism

    May 16, 2025 at 11:55 pm

    facebook ads account for sale https://ad-account-for-sale.top/

  71. buy-ad-account.click_tievism

    May 17, 2025 at 7:09 am

    facebook account buy https://buy-ad-account.click

  72. buy-ads-account.top_tievism

    May 17, 2025 at 11:12 pm

    buy adwords account google ads agency accounts

  73. buy-ads-accounts.click_tievism

    May 18, 2025 at 12:04 am

    buy verified google ads accounts https://buy-ads-accounts.click

  74. buy-ad-account.click_tievism

    May 18, 2025 at 3:26 am

    buy fb ad account https://buy-accounts.click/

  75. ads-account-for-sale.top_tievism

    May 18, 2025 at 9:17 am

    google ads agency accounts https://ads-account-for-sale.top

  76. ads-account-buy.work_tievism

    May 18, 2025 at 9:25 am

    adwords account for sale https://ads-account-buy.work

  77. buy-ads-invoice-account.top_tievism

    May 18, 2025 at 8:34 pm

    old google ads account for sale https://buy-ads-invoice-account.top/

  78. buy-account-ads.work_tievism

    May 18, 2025 at 8:53 pm

    buy google ad threshold account https://buy-account-ads.work/

  79. buy-ads-agency-account.top_tievism

    May 18, 2025 at 9:34 pm

    buy google ads threshold account https://buy-ads-agency-account.top/

  80. sell-ads-account.click_tievism

    May 19, 2025 at 2:13 am

    buy google agency account https://sell-ads-account.click

  81. ads-agency-account-buy.click_tievism

    May 19, 2025 at 10:02 am

    buy account google ads google ads agency account buy

  82. buy-business-manager.org_tievism

    May 19, 2025 at 7:16 pm

    verified business manager for sale https://buy-business-manager.org

  83. buy-verified-ads-account.work_tievism

    May 19, 2025 at 8:06 pm

    buy google ad threshold account https://buy-verified-ads-account.work

  84. buy-bm-account.org_tievism

    May 20, 2025 at 3:05 am

    unlimited bm facebook https://buy-bm-account.org

  85. buy-business-manager-acc.org_tievism

    May 20, 2025 at 4:21 am

    buy facebook verified business account https://buy-business-manager-acc.org/

  86. buy verified facebook business manager buy-verified-business-manager-account.org

  87. buy facebook ads accounts and business managers https://buy-verified-business-manager.org/

  88. business-manager-for-sale.org_tievism

    May 20, 2025 at 9:42 pm

    business manager for sale https://business-manager-for-sale.org/

  89. business manager for sale facebook bm account

  90. buy-bm.org_tievism

    May 20, 2025 at 11:06 pm

    buy facebook business manager account buy-bm.org

  91. verified business manager for sale facebook business account for sale

  92. buy-tiktok-ads-account.org_tievism

    May 21, 2025 at 10:27 am

    tiktok ads agency account https://buy-tiktok-ads-account.org

  93. tiktok agency account for sale https://tiktok-agency-account-for-sale.org

  94. buy-tiktok-ads.org_tievism

    May 22, 2025 at 11:35 pm

    tiktok agency account for sale https://buy-tiktok-ads.org

  95. tiktok-ads-agency-account.org_tievism

    May 23, 2025 at 1:06 am

    tiktok agency account for sale https://tiktok-ads-agency-account.org

  96. WilliamRIDGE

    June 16, 2025 at 1:33 pm

    ¡Hola, participantes del azar !
    Casino online extranjero sin KYC para jugadores frecuentes – https://casinoextranjerosespana.es/# mejores casinos online extranjeros
    ¡Que disfrutes de asombrosas movidas brillantes !

  97. WilburMab

    June 16, 2025 at 11:48 pm

    ¡Saludos, descubridores de oportunidades !
    Casinos extranjeros verificados con licencia internacional – https://www.casinosextranjerosenespana.es/ casino online extranjero
    ¡Que vivas increíbles giros exitosos !

  98. DonaldInfix

    June 17, 2025 at 10:28 am

    ¡Hola, buscadores de fortuna !
    Casino sin licencia en EspaГ±a para expertos – http://www.casinossinlicenciaespana.es/ casino online sin licencia
    ¡Que experimentes logros excepcionales !

  99. ChrisTef

    June 18, 2025 at 4:50 pm

    ¡Saludos, apostadores entusiastas !
    casinos extranjeros con bonos sin depГіsito inmediato – https://www.casinosextranjero.es/ casinos extranjeros
    ¡Que vivas increíbles giros exitosos !

  100. ArmandoAnnep

    June 19, 2025 at 8:06 pm

    ¡Bienvenidos, participantes de emociones !
    Casino fuera de EspaГ±a con ranking actualizado – https://www.casinoporfuera.guru/# casinos online fuera de espaГ±a
    ¡Que disfrutes de maravillosas movidas brillantes !

  101. SonnyMew

    June 20, 2025 at 8:24 pm

    ¡Hola, estrategas del azar !
    Casinos extranjeros con control de seguridad avanzado – https://www.casinoextranjero.es/ casino online extranjero
    ¡Que vivas giros exitosos !

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

Published

on

Equark - StartupStories

Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

Continue Reading

Latest News

New Instagram Features Let Users Customize Profiles and Share Quietly

Published

on

Instagram Grid

Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.


In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.

 

These updates reflect Instagram’s commitment to user empowerment and flexibility, responding directly to years of feedback. As Instagram head Adam Mosseri stated, the goal is to help users “create and share without added pressure,” giving them more freedom over how their content appears and how they engage with their audience.

Continue Reading

Latest News

Zepto Delays IPO to Focus on Profitability and Indian Ownership

Published

on

Zepto - StartupStories

Overview

Zepto, a leading quick commerce startup, has postponed its planned IPO to early 2026, shifting its focus to achieving profitability and increasing Indian shareholding before going public.

Key Reasons for Delay

  • Profitability Focus: Zepto aims to reach EBITDA break-even before listing, unlike many tech firms that went public while still loss-making.
  • Market Uncertainty: Ongoing global and domestic market volatility influenced the decision to wait for more stable conditions.
  • Peer Comparison: The company wants to present a stronger profit profile, learning from the performance of rivals like Swiggy and Zomato (now Eternal).

Boosting Domestic Shareholding

  • Target: Zepto plans to raise Indian ownership to at least 51% to comply with FDI norms and reinforce its Indian identity.
  • Actions: The company is conducting secondary share sales to Indian investors and founders are increasing their stakes by buying from foreign investors.
  • Progress: Domestic ownership has reached about 40-44%, with expectations to surpass 51% before the IPO.

Financial and Operational Updates

  • Efficiency Drive: Zepto is optimizing operations, running over 900 dark stores and offering 48,000 SKUs, to reduce cash burn and move toward profitability.
  • Challenges: The company faces stiff competition from Swiggy Instamart and Blinkit, leading to higher costs, and has dealt with operational pauses and regulatory scrutiny in some regions.

Outlook

Zepto remains positive about its future, aiming to raise around $800 million in its IPO and attract both domestic and international investors. CEO Aadit Palicha emphasizes building a sustainable, majority Indian-owned business before entering the public market.

Summary: Zepto’s IPO delay reflects a strategic focus on financial stability and regulatory compliance, with profitability and Indian ownership at the forefront.

Continue Reading
Advertisement

Recent Posts

Advertisement