Tag Archives: Crores

Snapdeal Raises Over Rs. 113 Crores From NVP, Founders

Snapdeal has raised over Rs. 113 crores from early investor Nexus Venture Partners and founders Kunal Bahl and Rohit Bansal, amid talks of a potential sale of the e-commerce firm to larger rival Flipkart. NVP pumped in Rs. 96.26 crores in the round, while Bahl and Bansal contributed Rs. 8.45 crores each, according to regulatory filing with the… Read More »

Xiaomi Mi Home Rakes in Rs. 5 Crores Sales Revenue in First 12 Hours

HIGHLIGHTS Xiaomi opened its Mi Home offline store in Bengaluru on May 20 The company says it had a sales revenue of Rs. 5 crores The company also plans to open 100 more store in India in next 2 years Chinese tech company Xiaomi has a lot of hopes pinned on its own foray into the offline market… Read More »