This is why Snapdeal is in no hurry to raise money
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India’s eCommerce segment has witnessed a boom in the recent years. Foreign direct investments (However,
Kunal Bahl, chief executive of Snapdeal.com, told the financial daily, "(We) don't have to raise money now just because it is fashionable."
In the country’s $12-billion online retail market, Snapdeal has occupied the second position with Flipkart leading the race. The gross merchandise volume has positioned
(Image: Reuters)
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