Ontario Teachers’ Pension Plan Leads $200-Million Investments in Snapdeal
E-commerce giant Snapdeal has raised a $200 million round.
The massive round was led by the Ontario Teachers’ Pension Plan.
The transaction values the India-based Snapdeal at more than $6 billion.
Last year Snapdeal raised $500 million at a $5 billion valuation.
The Ontario Teachers’ Pension Plan is among the largest pension funds in the world.
Other investors in the deal include Brother Fortune Apparel and Iron Pillar, a venture capital firm.