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Jasper Infotech News
Axis Bank acquires Accelyst and Freecharge for Rs 385 crore
Thu, Jul 27, 2017
The acquisition of Freecharge and Accelyst is expected to complete within two months, Axis Bank said.
Snapdeal's sale to Flipkart witnesses delays on complex due diligence process, small investors concerns
Mon, Jun 26, 2017
The sale of Snapdeal to Flipkart is witnessing delays on account of complex due diligence process and small investors asking greater clarity on its terms of sale. However, the sale is expected to be concluded by July this year.
SoftBank writes off Rs 6,400 crore from its Snapdeal investment
Wed, May 10, 2017
SoftBank said that it has written off over $1 billion (Rs 6400 crore) on valuation of its investment in Snapdeal.
SoftBank loses $350 million on Indian investments including Ola, Snapdeal
Thu, Feb 09, 2017
Japan's multinational telecom and internet firm SoftBank has reported $350 million loss on its investments in India including its investments in Ola and Snapdeal.
Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank
Wed, Jan 25, 2017
Online e-commerce company Snapdeal is in talks with SoftBank to raise fresh funds at lower valuation.
SoftBank writes down India investment by $560 million
Tue, Nov 08, 2016
Japan's SoftBank Corporation has booked an investment loss of 58.14 billion yen ($560 million or nearly Rs 3,725.54 crore) on its investments in India including cab-hailing firm Ola and e-commerce company Snapdeal.