Snapdeal had ₹1,200 crore cash left in bank by end of 2016
E-commerce platform Snapdeal had ₹1,100-1,200 crore cash left in the bank at the end of 2016, according to a Livemint report. Talks to raise fresh funding from existing investor SoftBank have reportedly been deferred because of differences over valuation. Snapdeal's losses rose by 150% to ₹3,316 crore in FY16, forcing the startup to stop its incentive programs for affiliate partners.