The Startup Journal

Tag: Flipkart Snapdeal Merger

  • Flipkart All Set To Acquire Snapdeal For $1 Billion

    Flipkart All Set To Acquire Snapdeal For $1 Billion

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    by

    Asish Das
    in

    Finally, Nexus Venture Partners have agreed on the sale of Snapdeal to Flipkart. Though Snapdeal founders and Kalaari Capital had given a go-ahead sign for the merger. Nexus Venture Partners was not in agreement over the valuation. Once valued at $6.5 Billion, Snapdeal now is about to be sold at a mere $1 Billion valuation.…