Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank
Online e-commerce company Snapdeal is in talks with SoftBank to raise fresh funds at lower valuation.
Snapdeal and its existing investor SoftBank have discussed a valuation in range of $3-4 billion for the fundraising, but it is still trying to attract new investors at a higher valuation, it said. Representational Image. Image Source: Official Website