Snapdeal secures more than Rs.113 crores from Nexus Venture Partners

Amid potential merger talks with Flipkart, Snapdeal has raised over Rs. 113 crores from Nexus Ventures and founders Kunal Bahl and Rohit Bansal. The latest round of emergency funding comes at a time when Flipkart has signed a binding term-sheet to acquire Snapdeal and is scheduled to undertake commercial and financial diligence in the next few days. … Continue reading "Snapdeal secures more than Rs.113 crores from Nexus Venture Partners"

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