 "Snapdeal")
Hoping to make a minor comeback in the e-commerce space, dominated by Flipkart and Amazon, Gurugram-based Snapdeal is reportedly trying to go for a fresh funding round. The Kunal Bahl-led firm is in talks to buy smaller rival ShopClues to show investors it has the potential to grow and expand.
This is not the first time Bahl has tried to pull a rabbit out of a hat. The company hopes that its claims of being profitable in the tier-III and tier-IV markets and beyond will help it get big bucks.
According to reports, Snapdeal is conducting due diligence on ShopClues, a move
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