Snapdeal to Rise $650 Million Investment

Online retailer Snapdeal will rise $600 to $650 million [Rs. 3,660 crore to Rs. 3,965 crore] investment from the existing investors to expand its operations. This is going to the biggest investment ever in Indian e-commerce platform after Flipkart and Amazon announcing USD 1 billion and 2 billion investment earlier this year.

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