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Domestic e-commerce firms oppose extension of Feb 1 deadline

Monday, January 28, 2019, 6:09 PM

Domestic online retailers like Snapdeal and ShopClues have opposed the extension of the February 1 deadline for implementation of revised FDI policy on e-commerce. "An immediate...implementation of [revised policy] is important to ensure growth...of India's small businesses," Snapdeal Co-founder Kunal Bahl said. E-commerce platforms Amazon and Flipkart had sought for an extension of the deadline.
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Sellers move courts against Snapdeal for non-payment of dues

Saturday, May 26, 2018, 6:43 AM

Some sellers on Snapdeal have filed cases in different courts in the National Capital Region (NCR) for alleged non-payment of dues, barely a year after a failed merger talks with larger rival Flipkart, which prompted the Gurgaon company to go solo with its Snapdeal 2.0 strategy. At least two sellers have dragged Snapdeals owner Jasper Infotech to courts for non-payment of dues.

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