According to reports, Snapdeal has reportedly received a fresh funding of Rs.113.3 crores from its investor Nexus Venture Partners. With this, Nexus has invested about Rs. 306 crores in Snapdeal. Notably, the funding comes at a time when Snapdeal is said to be in talks with Flipkart for a possible sale. However, Mint has reported that the new cash infusion will not affect Snapdeal's negotiations with Flipkart.
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