Snapdeal moves closer to Flipkart sale but SoftBank yet to get all on board

Snapdeal moves closer to Flipkart sale but SoftBank yet to get all on board

Photo: Mint

The board of directors of Jasper Infotech Pvt Ltd, which runs struggling online marketplace Snapdeal moved a step closer to agreeing to a distress sale to bigger rival Flipkart Ltd even as a conflict between the company’s largest investor SoftBank Group Corp and three key shareholders remains unresolved.

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