e-commerce
Snapdeal Snap Diwali Sale: price cuts on smartphones below 5,000
MUMBAI: Snapdeal’s 3-day Snap Diwali sale begins today. The sale has deals on affordable smartphones under Rs 5000. A range of colour feature phones starting 299 will also be available on sale.
Here are the top mobile deals in the Snap Diwali Sale:
The LG Spirit is listed at a price of Rs 3404. Outside of the sale deals, the phone is priced starting at Rs. 13,500. Its a basic smartphone with 8MP rear camera and 1.3GHz quad-core processor.
There is also a range of iVoomi phones on discount. These include iVoomi iPro, iVoomi Z1, and iVoomi i2 lite. iVoomi iPro is listed at Rs 2499 for the 16gb variant and will be available in platinum gold colour. The iVoomi Z1 will go on sale for Rs 4199. The phone has 13 MP rear camera and 5 MP front camera. iVoomi i2 lite is discounted for Rs 4999. It has a great battery capacity of 4000mAh.
The sale will also see colour feature phones starting for as low as Rs 299. Popular ones include flap phone Blackbear i7 trio priced at Rs 1369, game phone Muphone M210, and iKall K14 priced at Rs 299.
Power banks in 10,000 mAh will cost as low as Rs 429. Screen magnifier is the most popular mobile accessory on Snapdeal. It can enlarge the smartphone screen up to 4 times for a better viewing experience. It's available for Rs 369.
Snapdeal has attractive bank offers of up to 25% on phones and accessories. Punjab National Bank users get a 25% discount. Rupay and Bank of Baroda card users can avail up to a 20% discount. Federal Bank and RBL card users also get up to 15% off. MobiKwik users get a 15% supercash.
e-commerce
American Express to acquire AI startup Hyper to boost automation
Deal targets expense management as AI reshapes corporate spending tools.
MUMBAI: From receipts to robots, the expense sheet is getting a brain upgrade as American Express moves to bring artificial intelligence into the heart of corporate spending. The company has announced plans to acquire Hyper, a relatively young but fast-rising startup founded in 2022 that builds AI-powered agents capable of organising expenses, generating reports, verifying compliance with budgets and policies, and nudging users with timely reminders. The deal, expected to close in the second quarter of 2026, underscores a growing shift among financial institutions to automate traditionally manual, time-heavy workflows.
Hyper counts Sam Altman among its backers, adding a layer of Silicon Valley credibility to the acquisition. While financial details remain undisclosed, the strategic intent is clear: deepen automation capabilities and sharpen American Express’s position in the competitive corporate spending ecosystem.
The two companies are not strangers. They previously collaborated in 2024 on a co-branded credit card product, suggesting that the acquisition is less a cold buy and more an extension of an existing relationship. With this move, American Express is effectively bringing that capability in-house, aiming to embed AI directly into its commercial services stack.
Chief executive Stephen Squeri had already signalled the direction of travel in a recent shareholder letter, describing AI as a “structural shift” in how businesses operate. The Hyper acquisition appears to be a direct response to that shift, particularly in expense management, where processes such as approvals, compliance checks and reporting remain ripe for automation.
Alongside the acquisition, the company is also expanding its product suite. A recently launched business credit card offers cashback and benefits at an annual fee of $295, with another card expected later this year moves that complement its broader push into commercial services.
Taken together, the strategy points to a future where managing expenses may require fewer spreadsheets and more algorithms. For American Express, the bet is simple, if businesses are rethinking how work gets done, the tools that power that work need to evolve just as quickly.
