Snapdeal may merge with Infibeam to create $2 billion company

[Bapun]

Infibeam has put in a term sheet, which is likely to value Snapdeal at $1billion, a source privy to the deal talks said on the condition of anonymity.

Snapdeal may merge with Infibeam to create $2 billion company

 

[Bapun]

Snapdeal founders aggressive on Plan B, evaluate Infibeam offer as Flipkart deal falls in limbo

 

[Omi]

Both of them struggling after their initial success.. Hopefully it will prove to be a turn around for their fortunes if it happened..