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Flipkart to offer close to $1Bn for Snapdeal

The Indian e-Commerce giant Flipkart has sweetened its offer of take over of Snapdeal by USD 100 million. The offer valuation is now pegged at $900-$950 Million. Initially when Flipkart offered $800-$850 Million which tantamount to Rs.5,500 crore that was rejected by Snapdeal as it was seeking atleast $1 Billion. Now with the revised offer which is expected to be ... Read More »

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