Jasper Infotech News
The transaction is expected to close in three-five months.
Japanese firm SoftBank on Tuesday could not manage a crucial nod from co-investor Nexus Venture Partners (NVP) for the sale of Snapdeal, possibly to Flipkart.
The board of Snapdeal is expected to meet on Monday to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart.
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