Temasek, hedge funds pump $100 mn into Snapdeal

Snapdeal, the ecommerce marketplace owned by Delhi based Jasper Infotech Private Limited, has raised $100 million in a growth funding round. The investor consortium that participated in the round includes the Singapore government’s investment firm Temasek Holdings, Myriad Asset Management, Premji Invest and Tybourne Capital Management. All five are new investors into the company.

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