wordpress blog stats
Connect with us

Hi, what are you looking for?

Snapdeal Raises $12M Funding; Launches BabyBox, MoneySaver Prime, Plans Acquisitions

Jasper, the consumer marketing company that owns daily deals website SnapDeal,  has raised $12 million from Nexus Venture Partners and IndoUS Venture partners as part of second round funding, according to TechCrunch. Jasper's other ventures include Moneysaver, a coupons and rewards programs and the upcoming BabyBox, which is a website plus an offline advertising and sampling program. Last year, Jasper had set aside $2 million for acquiring new innovative businesses in India and had bought Bangalore based group buying site Grabbon, which, as Jasper CEO Kunal had said in a recent interview with MediaNama, will be relaunched in February 2011. Jasper intend to use the funding to acquire daily deals/group buying firms in Malaysia, Thailand, Philippines and Indonesia, Bahl told VCCircle.com: it is eyeing 6-7 ventures in the range of $25,000 to $1 million and plans on stock and cash deals, in addition to more…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ