The Series E round, which has also seen participation of growth-stage public investors, whose names were not disclosed, along with Sapphire Ventures, also an existing backer of the Palo Alto and Bengaluru-based company, values the venture at $1.95 billion.
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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