How eBay almost became part of Snapdeal last year

eBay India became a part of Flipkart when it announced largest fund-raising at $1.4 billion

One year is a long time in the e-commerce universe, often seen as running on steroids. American online marketplace eBay’s tryst with domestic players captures the spirit of the industry ahead of the biggest e-commerce deal in the country between Flipkart and Snapdeal. Investors are flying across the globe from Silicon Valley to Bengaluru, Tokyo to Gurugram, and in and out of boardrooms and swish hotels for the deal. 

As a precursor to that deal, likely to be made public sometime this month, eBay India became a part of Flipkart when it announced the largest fund-raising at $1.4 billion a