Inching closer towards finalising a deal, the country’s largest e-commerce firm Flipkart has signed a binding term-sheet to acquire cash-strapped rival Snapdeal, said a report in The Economic Times quoting sources.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com