Complexity of deal derailed Flipkart-Snapdeal talks: Sources
While Snapdeal had stated that it would follow an independent path and was therefore, terminating all strategic talks, sources had said differences in valuation and terms of the deal had led to the fallout after five months of negotiations.
Aug 11, 2017, 19:28 PM IST
Snapdeal terminates talks for merger with Flipkart, says will pursue an independent path
Snapdeal founders Kunal Bahl and Rohit Bansal still do not want to sell Snapdeal to Flipkart, and would rather run a stripped-down version of the online marketplace with funds from the sale of the firm`s payments arm FreeCharge and its logistics unit Vulcan Express, two sources said on Monday.
Jul 31, 2017, 14:11 PM IST
