The investor, allegedly involved in Snapdeals funding, is a US Hedge Fund company. In 2014, Snapdeal raised USD 627 million from Japanese telecom and internet corporation Softbank. iamwire.com reports.
Snapdeal had also secured USD 100 million in May 2014 and received an undisclosed amount from Ratan Tata in August 2014. Snapdeal is also targeting to increase its total number of sellers to one million from the current 100,000 by 2018.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright