India: In surprise funding, Snapdeal gets $17.5m from Nexus, founders

India: In surprise funding, Snapdeal gets $17.5m from Nexus, founders

Photo: Pradeep Gaur/Mint

Struggling online retail firm Snapdeal has received Rs113 crore in an emergency financing round from existing investor Nexus Venture Partners and the company’s co-founders Kunal Bahl and Rohit Bansal.

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