General Atlantic nears Snapdeal investment – report
General Atlantic is reportedly closing in an investment in online retailer Snapdeal, which would represent its first foray into Indian e-commerce. The private equity firm will participate in a round of funding worth $80-100 million.
According to The Economic Times, Snapdeal's existing investors, Bessemer Venture Partners, Nexus Venture Partners and Indo-US Venture Partners will also put in more capital. IndoUS and Nexus were the...
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