India’s Snapdeal Snaps Up $627M Led By SoftBank To Supercharge Its Marketplace

By Ingrid Lunden

Screen Shot 2014-10-28 at 02.37.29

A big day for e-commerce startups in India, and a double boom for Japan’s SoftBank. Snapdeal, founded four years ago as a marketplace for third party retailers in India to sell goods online, has raised an additional $627 million from SoftBank Internet and Media to continue building out its business …read more

Source:: Techcrunch

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