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Snapdeal increases authorised capital to Rs 15 crore

Updated : August 21, 2018 07:14 AM IST

Snapdeal terminated merger talks with its rival and the country's largest e-tailer Flipkart on July 31, 2017, ostensibly to pursue an independent path.
Snapdeal's fortunes dwindled in the face of stiff competition from Flipkart and the Indian arm of the US-based world's largest e-tailer Amazon.
Snapdeal increases authorised capital to Rs 15 crore
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