The board of Snapdeal is expected to meet tomorrow to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart. Also, on the agenda will be getting Nexus Venture Partners (NVP), an early investor in Snapdeal, to agree to the sale deal. The seven-member board of Jasper Infotech, which operates Snapdeal, includes representation from investors SoftBank, Kalaari Capital and Nexus Venture Partners (NVP), as well as co-founders Kunal Bahl and Rohit Bansal. The valuation of Snapdeal is believed to be one of the hurdles to the deal, as Kalaari and NVP were not in agreement with the valuation given by SoftBank, which is the largest shareholder in Snapdeal. SoftBank has now succeeded in getting Kalaari (another early-stage investor in Snapdeal) to agree but is yet to get NVP on board for the deal. The sources said once NVP agrees, the deal with Flipkart could be announced in a matter of weeks. The deal with Flipkart, if it happens, would
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