Snapdeal Raises $21 Million From Luxembourg-based Investor Firm Clouse SA

Jasper Infotech, which operates e-commerce giant Snapdeal, has raised $21 million from Luxembourg-based investor, Clouse SA, as part of its ongoing funding round, part of which was received in February this year. Snapdeal had earlier announced it was raising $200 million and this month’s investment is part of the same round and appears to be coming in portions.

Written by Shaik Zakeer Hussain

Shaik Zakeer Hussain is a former Sr. Correspondent at NextBigWhat. You can get in touch with him here: linkedin.com/in/shaikzakeerhussain or follow him here: twitter.com/zaknetic.