UNICOMMERCE ESOLUTIONS
SoftBank gets promoter tag in Unicommerce’s IPO filing
SoftBank, Kunal Bahl, and Rohit Bansal tagged as promoters by Unicommerce board with signed indemnity agreement.
SoftBank gets promoter tag in Unicommerce’s IPO filing
Unicommerce Esolutions has tagged SoftBank, Snapdeal cofounders Kunal Bahl and Rohit Bansal as promoters in an addendum to its draft IPO prospectus, expanding the list of promoters from the original filing with only AceVector Ltd named. SoftBank, Bahl, and Bansal signed an indemnity agreement to protect themselves from liabilities as promoters of Unicommerce.
A dozen consumer companies line up IPOs amid a thriving stock market
India's primary market anticipates a dozen consumer-facing companies to launch IPOs this year to capitalize on market potential. Companies like Coca-Cola's bottling partner HCCB, CG Foods, Allied Blenders & Distillers, Urban Tots, Cremica Food, Patel's R Mart, PNG Jewellers, Baazar Style Retail, Unicommerce eSolutions, One Mobikwik Systems, and Swiggy are among those planning IPOs.
Consumer firms plan IPO; startups on poll mandate
India's public market will see about a dozen consumer companies make a debut on the bourses. More on this in today's ETtech Top 5.
Unicommerce files draft IPO papers; SoftBank, AceVector, B2 Capital to sell 29.8 million shares
Unicommerce shareholders AceVector Group, B2 Capital and SoftBank are together offering 29.8 million shares for sale in the IPO, as per the draft red herring prospectus (DRHP). The company, which is profitable, is not raising any fresh capital through the IPO.
Unicommerce eSolutions IPO: E-commerce SaaS-platform files DRHP with Sebi
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Infibeam, Snapdeal terminate Unicommerce deal
It had said the acquisition would boost its e-commerce enablement capabilities and expand the product offerings for existing clients.
Infibeam acquires Vavian Intl for AED 4.32 mn
The acquisition, which is expected to be completed in the next 2-4 weeks, is part of company's international expansion of digital platform and payment solutions.
Infibeam acquires Snapdeal’s wholly-owned subsidiary Unicommerce
After the acquisition, Unicommerce eSolutions will become a wholly-owned subsidiary of Infibeam. The deal is expected to be completed within the next three to five months.
Jasper Infotech in talks to offload Unicommerce unit
The company is believed to have initiated conversations with multiple parties, including ecommerce giant Amazon and Nasdaq-listed business software provider Intuit, according to sources briefed on the developments.
Paytm Mall warns vendors against using unicommerce services
Unicommerce provides technology that links digital marketplaces and merchants and is widely used by sellers across online marketplaces such as Amazon, Flipkart and Snapdeal.
Founders of Snapdeal-owned Unicommerce eSolutions quit
According to Unicommerce founders, the decision to quit was part of a agreement between them and Snapdeal to move on two years after the acquisition.
Flipkart revises offer to buy Snapdeal
The bid of $850 million is believed to be for online marketplace Snapdeal, logistics business Vulcan Express and online order management business Unicommerce eSolutions.
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