In addition to eBay, Snapdeal’s other investors that have participated in this round include companies such as Nexus Venture Partners, Kalaari Capital, Bessemer Venture Partners, Intel Capital and Saama Capital.
In 2013, eBay invested USD 50 million in Snapdeal. The new round takes the total funds raised by Snapdeal so far to USD 200 million.
In recent news, the US Department of Commerce has signed a partnership with US-based eBay to support small businesses.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.