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Snapdeal-Flipkart deal: Will the board manage to convince Nexus today?

One of the main hurdles to the deal will be 'valuation of Snapdeal'

Snapdeal has its head in the  private cloud with Cirrus launch
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BS Web Team New Delhi
Cash-starved Snapdeal may finally be up for sale. The board of online marketplace Snapdeal is expected to meet on Tuesday to discuss a potential sale to larger rival Flipkart. If all the roadblocks are cleared, this will be the biggest consolidation in the e-commerce sector. Snapdeal launched in 2010 as a discount deal site. In 2011, it evolved into an online marketplace, inspired by Alibaba. However, its success story was short lived and it has now embraced for a painful death as its evaluation sinks lower and lower with time.

Hurdles for Snapdeal

One of the main hurdles to the

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