The investor, allegedly involved in Snapdeals funding, is a US Hedge Fund company. In 2014, Snapdeal raised USD 627 million from Japanese telecom and internet corporation Softbank. iamwire.com reports.
Snapdeal had also secured USD 100 million in May 2014 and received an undisclosed amount from Ratan Tata in August 2014. Snapdeal is also targeting to increase its total number of sellers to one million from the current 100,000 by 2018.
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