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Flipkart's Snapdeal acquisition still needs approvals from bigwigs

Wipro's Azim Premji and Ratan Tata of Tata Group still need to sign the final agreement: sources

Bangalore

FLIPKART Online Services Pvt is nearing a final agreement to acquire rival e-commerce provider Snapdeal after winning support from the startup's three primary venture investors, but the contract still needs backing from two of India's most powerful businessmen, according to

sentifi.com

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