Investor slams report on Snapdeal rejecting Flipkart's offer
Vani Kola, the Managing Director of Snapdeal's early investor Kalaari Capital, has refuted a report that Snapdeal has rejected a $700-800 million (about â¹ 5,200 crore) acquisition offer by Flipkart. Her cryptic tweet seemed to be a take on a headline by Economic Times Brand Equity that said, "Rejected! Snapdeal dismisses Flipkartâs $700-$800 million bid."