Snapdeal may sell logistics unit Vulcan for up to â¹120 crore
Chennai-based TVS Logistics Services, private equity firm Peepul Capital, and supply chain firm Gati are looking to acquire Vulcan Express, the logistics unit of Snapdeal, for â¹90 crore to â¹120 crore. The buyout will likely take place within the next two months. The report comes after Snapdeal is said to be in talks with Flipkart for a potential buyout.