Flipkart revises offer for Snapdeal.

E-commerce giants Flipkart has now given a revised supply of about $ 90 million to purchase Snapdeal. Two individuals associated to the incident have given this info. About two weeks in the past, e-commerce firm Snapdeal turned down a suggestion to purchase it at a valuation of $ 550 million from rival agency Flipkart. Vulcan and Freecharge not included within the supply The supply by Flipkart is for Snapdeal and its market administration unit Unicommerce and doesn’t embody Vulcan and Freecharge. An individual with information of the matter advised, “It’s attainable that the earlier supply was despatched in a rush to finish the timeline.” Experiences of Infibeam additionally taking curiosity in SnapdealThe supply from e-commerce large Flipkart has come at a time when there are reviews of listed e-commerce firm Infibeam taking an curiosity in shopping for Snapdeal. Final week, there was information that Infibeam could put Snapdeal’s worth at $ 1 billion. Nonetheless, Infibeam has denied this. Nonetheless, this elevated the strain on Flipkart, particularly at a time when its non-binding (non-binding) and unique letter of intent to purchase Snapdeal was ending earlier this month.