Latest News
Flipkart Sweetens Snapdeal Buyout Bid
Indian ecommerce giant Flipkart has offered a revised buyout deal of up to $ 950 million for the acquisition of the smaller rival Snapdeal. According to news firm CNBC, the new proposal is being evaluated by the company’s board.
Delhi based ecommerce firm Snapdeal had previously rejected Flipkart’s initial $ 700 – $ 800 million offer and in turn had asked for buyout bid ranging close to $ 900 million. According to sources close to the deal talks between the two companies are on going but the final closure of the deal could still be months away.
Flipkart’s offer is only for the acquisition of the online market space and unicommerce business Snapdeal. Its logistics arm Vulcan Express along with their payments platform FreeCharge will be sold independently. GATI and Axis Bank have already come out as front runners interested in acquiring Vulcan and FreeCharge respectively.
Snapdeal reached peak evaluation in February 2016 at $ 6.5 billion where they raised $ 50 million from investors. But majority investor SoftBank reduced their valuation by more than $ 1 billion for the potential acquisition from Flipkart against the wishes of its founders Kunal Bahl and Rohit Bansal.
This sale, according to a report from Livemint, is likely to be accompanied by an equity infusion into Flipkart by SoftBank. The Japanese firm is also in talks to buy part of Flipkart’s majority investor Tiger Global Management’s 30% – 35% stake in the company.
If this deal between both the ecommerce companies fails, VCCircle reported Sanpdeal’s future will depend on how existing investors will support the struggling company. According to experts, it will be very difficult for Snapdeal to find interested buyers as the entire brand value is built around unique transactions and users versus the giants like Amazon and Flipkart.
Amazon recently got government approval to invest $ 500 million in the food processing industry and has invested Rs. 1,680 crores in their Indian unit. Flipkart is also reportedly in talks with eBay India over an acquisition deal. Therefore, a merger between Snapdeal and Flipkart would give global ecommerce company Amazon tough competition in almost all sectors.
Latest News
₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Latest News
Peak XV New Funds: $1.3B Commitment for India Startup Surge 2026
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
Latest News
D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

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