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Snapdeal Looking at Sale Deal to Homegrown Rivals- Paytm and Flipkart

Japan's Softbank Group, which is a lead investor in Snapdeal, is leading the sale talks, and the deal could value the online retailer at less than the total equity raised by parent Jasper Infotech Pvt Ltd. Softbank is expected to inject up to $50 million in bridge financing until a deal is finalised.

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Auto Portals: Driving In A Fast Lane

Auto portals might be driving on the 'highway to success', but sustainability and newer methods of customer engagement, syncing in the knowledge with smart technology are vital for their survival

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