[$$] India's Snapdeal.com Said to Be in Talks With Japan's SoftBank, Others

MUMBAI—Indian online marketplace Snapdeal.com is close to raising around $600 million from Japan’s SoftBank Corp. and other investors, according to three people with knowledge of the discussions.

SoftBank will take a 40% stake in the eBay-backed Indian company to become its single largest investor, one of the persons said.

Nikesh Arora,...

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