India’s Snapdeal Snaps Up $627M Led By SoftBank To Supercharge Its Marketplace
October 27, 2014 at 22:59 PM EDT
A big day for e-commerce startups in India, and a double boom for Japan’s SoftBank. Snapdeal, founded four years ago as a marketplace for third party retailers in India to sell goods online, has raised an additional $627 million from SoftBank Internet and Media to continue building out its business in the country, both organically and through acquisitions. It’s thought to be… Read More