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Posted on: Feb. 17, 2016, 2:30 p.m.
The new investment puts Snapdeal’s valuation in the $6.5-$7 billion range, making it the second most valuable startup in India, after Flipkart. The current figure represents a 35 percent jump from its previous valuation of $4.8 billion, and follows a $500 million investment almost a half-year ago. Full investment news article