Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now

You can switch off notifications anytime using browser settings.

Flipkart and Snapdeal sign non binding termsheet

Copy URL

Inching towards a mega e-commerce giant, Flipkart and Snapdeal today signed a non binding termsheet today paving way for the proceeding to follow. Due diligence of the matter will begin soon. Valuation of Snapdeal is estimated somewhere between $950 million - $1 billion.

Join market mavens on 22 Nov to discuss how India can beat economic slowdown & reach $5 Trillion economy mark at ETMarkets Global Summit. Book your seats today
Have something to say? Post your comment

Other useful Links

Follow us on

Download et app

Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service