Kalaari Capital. SoftBank

Flipkart-Snapdeal negotiations still on but for higher offer

Indiaretailing Bureau - July 6, 2017

After Snapdeal's board reportedly rejected Flipkart's US $850 million takeover offer, the two parties are now holding parleys over the US 1$50-200 million valuation gap. According to sources privy to the development, Flipkart had initially offered US $1 billion for...

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