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Full text of email: Snapdeal founders calm staff amid takeover speculation

In the e-mail, Snapdeal's founders said their priority was to ensure the well-being of employees

Kunal Bahl, chief executive of Snapdeal at IIM Calcutta alumnus foundation day lecture in Kolkata. Photo: Subrata Majumder
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Kunal Bahl, chief executive of Snapdeal at IIM Calcutta alumnus foundation day lecture in Kolkata. <b>Photo: Subrata Majumder</b>

BS Web TeamAgencies
The founders of  Snapdeal told employees in an email on Sunday that the e-commerce company will ensure there is no disruption to staff "as the way forward becomes clear," as speculation of a takeover swirls.

The email tacitly acknowledged that a sale of the company could be in the offing, and it sought to calm the concerns of employees at India's No. 3 e-commerce player.

Here is the full text of the email:

Dear Team,


There has been a lot of media reporting and speculation around Snapdeal recently.


While our investors are driving the discussions around the way forward, I am reaching out to let

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