Softbank injects $627m into India e-commerce firm Snapdeal
Japanese tech giant SoftBank Group has agreed to invest $627 million in Indian e-commerce site Snapdeal, bringing the start-up's total funding to more than $1 billion.
The investment - made via SoftBank unit SoftBank Internet and Media (SIMI) - represents the the biggest e-commerce deal in the country since the $1 billion round raised by Snapdeal rival Flipkart in July. ...
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