Ontario Teachers’ Pension Plan Leads $200-Million Investments in Snapdeal

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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.

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