Snapdeal raises $200 mln led by Ontario Teachers' Pension Plan: Reuters

Indian online marketplace Snapdeal has raised US$200 million, giving it a valuation of around US$6.5 billion, as the company looks to ramp up investments in logistics and infrastructure in the fast-growing domestic e-commerce sector, Reuters reported. The fundraising was led by Ontario Teachers' Pension Plan and funds advised by Iron Pillar.

16 February 2016•1 min read
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