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eBay Stake In Snapdeal Up By 800 Cr

PUBLISHED BY: SURENDER KUMAR
FEBRUARY 27, 2014

   
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eBay Stake In Snapdeal Up By 800 Cr

 

eBay, the online megastore has invested Re. 800 Cr. apprx ($133.7 million) cr in the online site marketplace Snapdeal.com, upping its stake in the company. It follows eBay's initial investment in the company in 2013.


Last year, Snapdeal had raised about Re. 300 Crore from eBay, Intel Capital and Nexus Venture Partners, among other investors.



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