As part of the Series J transaction, Hong Kong and London-based Steadview Capital, which had last participated in Ola’s 2015 fundraise, has now received 245,082 preference at a subscription price of Rs 21,250 per preference share
Snapdeal had claimed that its order volumes had grown significantly since May 18 when ecommerce was allowed to sell non-essentials across the country except in containment zones
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