Softbank, Japanese investing firm has invested $75M in online marketplace Snapdeal, This is the second recent fund raise made by the company.
Just three months ago, Snapdeal had closed a $75 Mn investment round from a series of investors including Ebay, Intel Capital, Russian venture fund Ru-Net, Saama Capital, Recruit Co, existing investors like Nexus Venture Partners, Bessemer Venture Partners and IndoUS Venture Partners and a few angel investors.
Overall, the company has raised a total of $202 Mn investment until now, which includes a $40 Mn round from Bessemer Venture Partners, Nexus Venture Partners and Indo-US Venture Partners in … Read more