Oyo, having closed a $1-billion funding round from a consortium of investors, which include SoftBank and ride-hailing majors Didi Chuxing and Grab earlier this month, has been on the prowl for buyouts over the last six months.
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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