It's a win for Snapdeal founders as deal with Flipkart collapses

It's a win for Snapdeal founders as deal with Flipkart collapses

An employee cleans a Snapdeal logo at its headquarters in Gurugram on the outskirts of New Delhi, India, April 3, 2017. REUTERS/Adnan Abidi

Snapdeal, run by Jasper Infotech Pvt. Ltd, has walked away from a potential sale to Flipkart and will now try and survive as an independent entity by selling its logistics unit and cutting costs.

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