| Online marketplace Snapdeal is in talks with multiple investors including Chinese firms and sovereign funds to raise money for FreeCharge, seeking to bulk up its digital payments platform before pitting it against market leader Paytm.
Jasper Infotech, which operates Snapdeal, is positioning FreeCharge as a cornerstone of its business as it builds a comprehensive online ecosystem of goods and services similar to that created by Chinese ecommerce giant Alibaba Group. The strategy, it expects, will make the electronic marketplace stand out from its closest rivals Flipkart and Amazon...............................................Full Article: Source
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