India: Flipkart awaits Azim Premji, Ratan Tata's approval for Snapdeal acquisition

India: Flipkart awaits Azim Premji, Ratan Tata's approval for Snapdeal acquisition

The Flipkart delivery process. Photo: Bloomberg

Flipkart Online Services Pvt. is nearing a final agreement to acquire rival e-commerce provider Snapdeal after winning support from the startup’s three primary venture investors, but the contract still needs backing from two of India’s most powerful businessmen, according to people familiar with the matter

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